Retail sales dropped 1.3% month-on-month in seasonally-adjusted terms in May (April: +0.9% mom). The figure was largely due to a...
Latest Global Economic News
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United States: Retail sales deteriorate in May -
Russia: GDP contracts less than initially estimated in Q1 The economy contracted 0.7% year-on-year in the first quarter of 2021, according to a second estimate released by Rosstat on... -
India: Merchandise exports rise at a softer pace in May Merchandise exports jumped 69.4% over the same month last year in May, following April’s 195.7% jump. Meanwhile, merchandise imports soared... -
Ecuador: Economic activity hits record high on low base effect in April Economic activity grew a robust 54.7% in annual terms in April, rising notably from March’s 11.0% expansion. Skyrocketing oil output... -
Colombia: Industrial output logs stellar growth in April Industrial output grew at a record-breaking rate of 63.7% year-on-year in April (March: +20.8% yoy), largely on a supportive base... -
Canada: Housing starts rise in May Housing starts rose to 275,916 units on a seasonally-adjusted annualized rate (SAAR) basis in May according to the Canada Mortgage... -
Italy: Inflation continues upward trend in May Consumer prices recorded zero growth over the previous month in May, coming in below April’s 0.39% increase. Looking at the... -
Bulgaria: Inflation comes in at highest level in over a year in May Consumer prices increased 0.14% in May over the previous month, a smaller increase than April’s 0.70% rise. Looking at the... -
Poland: Inflation increases to over one-year high in May, driven by low base effect Consumer prices rose 0.30% from the previous month in May, moderating from the 0.80% rise logged in April. May’s result... -
Saudi Arabia: Inflation continues to accelerate in May Consumer prices increased 0.18% over the previous month in May, marginally stronger than April’s 0.17% rise. May’s print reflected higher...