Economic activity grew 6.4% year on year in May (April: +6.9% yoy). May’s result marked the worst reading since February...
Latest Global Economic News
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Chile: Economic activity slows in May but beats expectations -
Chile: Government announces ambitious package to increase tax take What happened: On 1 July, the government proposed to raise the tax take by 4.1% of GDP annually by 2026.... -
Kenya: Economy expands at softer pace in Q1 2022 The economy lost more steam in the first quarter of 2022, with GDP expanding 6.8% year on year. The result... -
Korea: Merchandise exports increase at a softer pace in June Merchandise exports rose 5.4% on an annual basis in June, following May’s 21.3% upturn. June’s figure beat market expectations but... -
Japan: Business sentiment remains positive but dips in Q2 Business sentiment among large manufacturers—according to the Bank of Japan’s closely watched Tankan survey—came in at plus 9 in Q2,... -
Kazakhstan: Inflation comes in at highest level since September 2016 in August Consumer prices increased 1.40% in August over the previous month, accelerating from the 1.10% increase logged in July. Looking at... -
Thailand: Merchandise exports increase in May Merchandise exports jumped 10.5% year-on-year in May, on the heels of April’s 9.9% rise. Meanwhile, merchandise imports soared 24.1% in... -
Argentina: Consumer confidence rises in June The Universidad Torcuato di Tella (UTDT) consumer confidence index increased to 39.1 in June from 36.3 in May. However, the... -
Poland: Inflation increases in June Consumer prices rose 1.50% in June over the previous month, which was below May’s 1.70% rise. June’s result marked the... -
Israel: Israel set for fifth election in less than four years; economy will not be unduly affected What happened: At the end of June, Parliament was dissolved and snap elections were set for 1 November. This came...