Consumer prices rose a seasonally-adjusted 0.32% from the previous month in May, accelerating from the 0.13% increase recorded in April....
Latest Global Economic News
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Indonesia: Inflation comes in at highest level since December 2020 in May -
Chile: Business confidence improves in May Business confidence rose to 54.9 in May from April’s 51.4. As a result, the index moved further above the 50-point... -
Switzerland: GDP records sharpest contraction since Q2 2020 in the first quarter GDP declined 0.5% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, contrasting the 0.1% expansion logged in the fourth... -
Germany: GDP tumbles at slightly quicker rate than previously estimated in Q1 The economy contracted at a slightly steeper pace than previously estimated in the first quarter, with GDP falling 1.8% quarter-on-quarter... -
Poland: Inflation comes in at highest level in nine-and-a-half years in May Consumer prices increased 0.30% over the previous month in May, a smaller increase than the 0.80% rise recorded in April... -
Switzerland: Retail sales grow at record pace in April Retail sales rose 35.7% year-on-year in calendar-adjusted terms in April (March: +23.1% c.a. yoy), aided by the favorable base effect.... -
Mexico: Remittances increase more rapidly in April Remittances totaled USD 4.1 billion in April, representing a 39.1% year-on-year increase. This follows March’s 2.8% year-on-year expansion. On a... -
Italy: Second estimate reveals that economy swung back to expansion in Q1 A second estimate revealed that GDP bounced back in Q1, growing 0.1% over the previous quarter in seasonally- and working-day-adjusted... -
United Kingdom: Annual house price growth accelerates into double figures in May According to the Nationwide Building Society, house prices in the United Kingdom rose 1.8% month-on-month in May, following April’s 2.3%... -
Hungary: Second reading confirms economy continued to recover in Q1 A second GDP release confirmed that the pace of economic contraction moderated considerably in the first quarter of 2021, with...