Merchandise exports dropped 0.5% month on month in May, following April’s 4.4% rise. Meanwhile, merchandise imports increased 2.7% on a...
Latest Global Economic News
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Germany: Merchandise exports accelerate in May -
Indonesia: Inflation comes in at highest level in five years in June Consumer prices rose 0.61% in June over the previous month, accelerating from May’s 0.40% rise. The was largely driven by... -
Saudi Arabia: Oil prices rise in June The OPEC oil basket traded at USD 117.7 per barrel on average in June, up 3.4% from the prior month.... -
Mexico: Remittances grow in May Remittances totaled USD 5.2 billion in May, reflecting a 14.3% year-on-year increase, following April’s 16.5% year-on-year expansion. On a cumulative... -
Chile: Economic activity slows in May but beats expectations Economic activity grew 6.4% year on year in May (April: +6.9% yoy). May’s result marked the worst reading since February... -
Chile: Government announces ambitious package to increase tax take What happened: On 1 July, the government proposed to raise the tax take by 4.1% of GDP annually by 2026.... -
Kenya: Economy expands at softer pace in Q1 2022 The economy lost more steam in the first quarter of 2022, with GDP expanding 6.8% year on year. The result... -
Korea: Merchandise exports increase at a softer pace in June Merchandise exports rose 5.4% on an annual basis in June, following May’s 21.3% upturn. June’s figure beat market expectations but... -
Japan: Business sentiment remains positive but dips in Q2 Business sentiment among large manufacturers—according to the Bank of Japan’s closely watched Tankan survey—came in at plus 9 in Q2,... -
Kazakhstan: Inflation comes in at highest level since September 2016 in August Consumer prices increased 1.40% in August over the previous month, accelerating from the 1.10% increase logged in July. Looking at...