Momentum was set back in the first quarter of 2022, with GDP declining 1.0% on a seasonally-adjusted quarter-on-quarter basis, worsening...
Latest Global Economic News
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Norway: Economy falls into contraction in Q1 2022 -
Germany: Harmonized inflation comes in at highest level since our records began Harmonized consumer prices rose 0.69% in April over the previous month, below the 2.47% rise recorded in March. April’s result... -
Uruguay: Industrial output growth eases in March Industrial output expanded 5.5% compared to the same month a year earlier in March, which followed February’s 11.5% increase. Meanwhile,... -
Hungary: Inflation rises in April Consumer prices rose 1.63% from the previous month in April, picking up from March’s 0.98% increase. April’s result was the... -
Guatemala: Inflation comes in at highest level since May 2021 in April Consumer prices rose 2.47% in April over the previous month, accelerating from the 1.89% increase logged in March. April’s uptick... -
Mexico: Banxico hikes again in May; adopts more hawkish forward guidance On 12 May, the Governing Board of the Bank of Mexico (Banxico) opted to raise the target for the overnight... -
Sweden: Inflation comes in at fresh high in April Consumer prices with a fixed interest rate rose 0.58% in April over the previous month, which was below March’s 1.73%... -
South Africa: Manufacturing activity returns to growth in March Manufacturing output rose 0.6% in month-on-month seasonally-adjusted terms in March, which contrasted February’s 1.5% decrease. March’s rebound came on the... -
Philippines: GDP growth improves in Q1, yet again surprising to the upside According to a preliminary estimate, GDP growth improved to 8.3% year-on-year in the first quarter, from 7.8% in the fourth... -
United Kingdom: Decline in industrial activity softens in March Industrial output slid 0.2% month-on-month in seasonally-adjusted terms in March (February: -0.3% mom). March’s smaller contraction was largely due to...