Bloomberg Peru’s economy rebounded in the second quarter, shrugging off political and financial volatility as it recovers from one of the world’s deepest slumps last year. Gross domestic product (GDP) grew 41.9% in the three months through June from the same period a year earlier, the national statistics institute said. The result was higher than the 41.5% median estimate of ...

Bloomberg Sales of previously owned US homes rise in July for a second month, indicating firmer housing demand as inventory constraints showed signs of easing. Contract closings increased 2% from prior month to an annualised 5.99 million, a four-month high, according to National Association of Realtors. The median forecast in a Bloomberg survey of economists called for a 5.83 million ...

Bloomberg German businesses are growing increasingly concerned that a global supply squeeze and rising infections will damp the economic recovery. A gauge by the Munich-based Ifo Institute falls to 99.4 in August from 100.7 in July, more than economists predicted in a Bloomberg survey. An index measuring expectations also falls, while current conditions were judged more favourably. Strong consumer spending ...