Real GDP grew at a 1.6 percent annual rate in the first quarter of 2026. The figure fell short of the 2.0 percent forecast but showed an increase from the 0.5 percent rate recorded in the fourth quarter of 2025.
The Bureau of Economic Analysis released its second estimate for the quarter. Growth accelerated from the prior period, according to the data released on May 29.
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China's economy grew 4.7 percent year on year in the first half of 2026, according to official data released on Wednesday.
The Bank of Korea reported on June 9 that real GDP rose 1.8 percent in the first quarter from the previous quarter. This marks the fastest quarterly growth in more than five years.
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The Bank of Korea reported on Thursday that the economy expanded 0.6 percent in the second quarter from the previous quarter, beating market forecasts.
Gross domestic product grew 2.3% in the first quarter compared with the same period in 2025, according to INDEC data. Mining, agriculture and Vaca Muerta drove the result.
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Colombia's economy grew 2.2% year on year in the first quarter of 2026, according to Dane data. The main driver was state spending on consumption and public administration.
US retail sales increased for a fifth consecutive month in June, rising 0.2 percent to 768.6 billion dollars. The modest gain matched expectations but represented a slowdown from the prior month.
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Hong Kong's finance chief Paul Chan forecasts first-quarter GDP growth exceeding 4%, the strongest in nearly five years, driven by a 17% rise in visitors and 5.2% gain in retail and catering spending. The preliminary figure is due on Tuesday.