Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the...
Latest Global Economic News
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Japan: Core machinery orders expands at quickest pace since October 2020 in May -
South Africa: Manufacturing production growth moderates in May Manufacturing production rose 35.3% year-on-year in May (April: +88.1% yoy), partly reflecting a low base effect. Looking at the details... -
Philippines: Remittances grow at stronger pace in May on low base effect Remittances totaled USD 2.4 billion in May, representing a 13.1% expansion in annual terms, edging up from April’s 12.7% rise.... -
Denmark: Inflation stable in June Consumer prices increased a seasonally-adjusted 0.10% from the previous month in June, a smaller rise than the 0.19% seen in... -
Costa Rica: Economic activity growth gains further traction in May The economy continued to gain traction in May, with economic activity growth accelerating to 7.9% in annual terms (April: +7.3%... -
Uruguay: Industrial output growth slows in May Industrial output grew 22.9% in year-on-year terms in May, which followed April’s 24.5% increase. Looking at the details of the... -
India: Inflation holds stable in June Consumer prices rose 0.56% in June over the previous month, coming in below May’s 1.65% increase. June’s result marked the... -
Indonesia: Retail sales growth loses pace in May Retail sales grew 14.7% year-on-year in May (April: +15.6% yoy). The slowdown was partly due to a deterioration in food,... -
China: Credit outperforms expectations in June; PBOC cuts reserve requirement ratio In June, Chinese banks distributed CNY 2.1 trillion (roughly USD 320 billion) in new yuan loans, up from May’s 1.5... -
United Kingdom: Economic growth eases in May GDP rose 0.8% month-on-month in seasonally-adjusted terms in May (April: +2.0% mom), notably below market expectations. While industrial production bounced...