Harmonized inflation came in at 2.0% in May, following April’s 1.6% and marking the highest print since October 2018. Inflation...
Latest Global Economic News
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Euro Area: Inflation at over two-and-a-half–year high in May, on surging energy prices -
Japan: Inflation comes in at over one-year high in May Core consumer prices rose 0.20% over the previous month in May, contrasting the 0.49% fall recorded in April. Core consumer... -
Mexico: Third estimate shows the economy recorded the best result since Q1 2020 in the first quarter According to a third estimate, GDP contracted at a slower rate of 3.6% year-on-year in the first quarter, above the... -
Japan: Bank of Japan holds policy steady at June meeting; unveils measures to address climate change At its meeting ending on 18 June, the Bank of Japan (BoJ) left all its monetary policy parameters unchanged, as... -
Peru: Economic activity growth hits record high in April Economic activity grew 58.5% in year-on-year terms in April, which was above March’s 18.2% increase and marked the best result... -
Egypt: Central Bank holds rates steady in June At its monetary policy meeting on 17 June, the Central Bank of Egypt (CBE) kept the overnight deposit, overnight lending... -
Ukraine: Central Bank stands pat in June At its 17 June meeting, the National Bank of Ukraine (NBU) held its key policy rate stable at 7.50%. The... -
Australia: Unemployment unexpectedly dives to pre-pandemic levels in May Seasonally-adjusted employment jumped by 115,200 in May, following 30,700 jobs shed in April and surprising markets on the upside. May’s... -
Argentina: Inflation climbs further in May Consumer prices rose 3.3% over the previous month in May, following the 4.1% increase logged in April. In April, the... -
China: Housing market gains further steam in May House prices in 70 large- and medium-sized cities increased 0.6% in May in month-on-month terms according to a weighted average...