Harmonized consumer prices rose 1.11% from the previous month in May, picking up from the 0.69% rise recorded in April....
Latest Global Economic News
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Germany: Harmonized inflation comes in at highest level since our records began -
New Zealand: RBNZ tightens its stance again in May At its 25 May meeting, the Reserve Bank of New Zealand (RBNZ) decided to hike the official cash rate to... -
Spain: Retail sales rebound in April Retail sales expanded 3.3% year-on-year in April (March: -5.5% yoy). The reading reflected a broad-based improvement across the major sectors:... -
Netherlands: Business confidence eases but remains in positive territory in May Business confidence fell to 9.9 in May from April’s 10.8. Consequently, the index remained entrenched above the 0-threshold, indicating sustained... -
Cyprus: Industrial output expands at quickest pace since August 2021 in March Industrial output rose 6.9% compared to the same month of the previous year in March, which was above February’s 3.7%... -
Switzerland: KOF Economic Barometer moderates in May The KOF Economic Barometer came in at 96.8 in May, down from April’s 103.0. May’s result marked the weakest figure... -
Kenya: Central Bank surprises markets and delivers first rate hike in May At its 30 May meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya delivered the first rate... -
Denmark: Business sentiment deteriorates to 17-month low in May Business sentiment came in at minus 3.0 in May, down from April’s 4.0. May’s result marked the weakest reading since... -
Sweden: GDP records sharpest contraction since Q2 2020 in the first quarter Underlying momentum faltered in the first three months of the year, as GDP declined 0.8% on a seasonally-adjusted quarter-on-quarter basis... -
Singapore: Inflation holds stable in April Consumer prices fell 0.13% in April over the previous month, contrasting the 1.25% rise logged in March. April’s result marked...