May’s data pointed to a marginally improving labor market. The number of employed people increased by 53,362 compared with April...
Latest Global Economic News
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Greece: Unemployment rate ticks down while labor force participation increases in May -
Belgium: Economic growth records slowest increase since Q4 2020 in Q2 According to a preliminary reading, GDP growth waned to 0.2% on a seasonally-adjusted quarter-on-quarter basis in the second quarter, from... -
United States: Fed hikes aggressively by 75 basis points in July At its meeting on 26–27 July, the Federal Open Market Committee (FOMC) decided to raise the target range for the... -
Latvia: Economics growth wanes in Q2 GDP expanded 2.6% on an annual basis in the second quarter of 2022, according to preliminary national accounts data released... -
Thailand: Merchandise exports accelerate in June Merchandise exports soared 11.8% annually in June, on the heels of May’s 10.5% upturn. Meanwhile, merchandise imports shot up 24.5%... -
Malaysia: Merchandise exports increase in June Merchandise exports soared 30.4% on an annual basis in June, following May’s 22.9% upturn. June’s result marked the largest growth... -
Mexico: Merchandise exports increase at a milder pace in June Merchandise exports jumped 20.2% on an annual basis in June, following May’s 22.4% jump. Meanwhile, merchandise imports climbed 31.7% over... -
Italy: Consumer confidence records worst reading since May 2020 in July Consumer confidence fell to 94.8 in July from June’s 98.3. July’s result marked the weakest sentiment since May 2020. The... -
Costa Rica: Central Bank raises policy rate by 200 basis points at July meeting At its 27 July meeting, the Central Bank of Costa Rica (BCCR) raised rates by 200 basis points—the largest hike... -
Kenya: Central Bank surprises markets and keeps rate unchanged in July At its 27 July meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya kept its Central Bank...