Business confidence among manufacturing firms came in at 87.0 in June, down from May’s 88.0. As a result, the index...
Latest Global Economic News
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Korea: Business confidence among manufacturing firms moderates in June -
Poland: Retail sales notch quickest growth since December 1999 in April Retail sales grew 33.4% compared to the same month a year earlier in April, which was above March’s 22.0% increase.... -
Poland: Industrial output growth slides to six-month low in April Industrial production expanded 13.0% year-on-year in April (March: +17.3% yoy). April’s notable downturn was largely driven by decelerating mining and... -
Germany: Business confidence rises but remains in negative territory in May Business confidence came in at 93.0 in May, up from April’s 91.9. Despite the uptick, the index remained below the... -
France: Business confidence drops to over one-year low but remains optimistic in May Business confidence fell to 106.2 in May from April’s 107.6. May’s result marked the worst reading since April 2021. As... -
Indonesia: Central Bank holds fire in May At its monetary policy meeting on 23–24 May, Bank Indonesia (BI) again decided to leave the seven-day reverse repo rate... -
Nigeria: Economic growth slows in Q1, but the economy still exceeds pre-pandemic level The pace of growth in Sub-Saharan Africa’s largest economy lost some steam in the opening quarter of this year, but... -
Nigeria: Central Bank surprises markets with hike in May The Monetary Policy Committee of the Central Bank of Nigeria took market analysts by surprise when it hiked the monetary... -
Korea: Consumer confidence records worst reading since August 2021 but remains in positive territory in May Consumer confidence fell to 102.6 in May from April’s 103.8. May’s result marked the weakest sentiment since August 2021. As... -
Turkey: Business confidence falls but remains in positive territory in May Business confidence eased to 109.4 in May from April’s 109.7. However, the index remained above the 100-threshold, indicating that businesses...