The current account posted a USD 2.7 billion deficit in April, improving from the USD 5.8 billion deficit posted in...
Latest Global Economic News
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Turkey: Current account deficit narrows on an annual basis in April -
United Kingdom: Economy contracts at sharpest pace since January 2021 in April, although underlying momentum is less downbeat GDP declined 0.3% month-on-month in seasonally-adjusted terms in April (March: -0.1% mom). April’s figure marked the sharpest drop since January... -
Norway: Economy contracts in April Economic output declined 0.6% over the prior month in seasonally-adjusted terms in April, contrasting the 1.0% expansion recorded in March.... -
Israel: Merchandise exports increase at a milder pace in May Merchandise exports rose 5.0% year-on-year in May (April: +29.0% year-on-year). May’s figure marked the weakest growth since September 2021. Meanwhile,... -
Uruguay: Industrial output growth softens in April Industrial output expanded 3.9% compared to the same month a year earlier in April, which was a moderation from the... -
India: Inflation moderates in May Consumer prices rose 0.94% in May over the previous month, below April’s 1.43% increase. May’s result marked the weakest reading... -
Czech Republic: Inflation increases in May Consumer prices rose 1.76% from the previous month in May, decelerating slightly from April’s 1.79% increase. The softer print was... -
China: Consumer inflation remains steady in May; producer inflation falls Consumer prices dropped 0.20% over the previous month in May, contrasting April’s 0.40% rise. May’s result marked the weakest reading... -
Austria: Industrial output growth eases in April Industrial output increased 1.6% in month-on-month seasonally-adjusted terms in April, which was a deterioration from March’s 1.9% increase. The figure... -
Malaysia: Industrial output growth ebbs in April Industrial output grew 4.6% in year-on-year terms in April, which followed March’s 5.1% increase. The reading was largely due to...