Consumer prices increased 0.19% from the previous month in May, below the 0.71% increase seen in April. May’s result marked...
Latest Global Economic News
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Guatemala: Inflation moderates in May -
Hungary: Inflation recedes in May Consumer prices increased 0.4% from the last month in May, swinging from the 0.6% drop logged in April. May’s reading... -
Dominican Republic: Economic activity plunges in April Economic activity was down 29.8% year-on-year in April (March: -9.4% year-on-year) due to Covid-19 containment measures, which included a curfew,... -
Germany: Industrial production contracts at sharpest pace on record in April Industrial output slid 17.9% on a calendar-adjusted month-on-month basis in April (March: -8.9% mom). April’s figure marked the steepest contraction... -
Croatia: Early parliamentary elections called for July unlikely to dent short-term economic outlook On 18 May, Croatian lawmakers voted to dissolve Parliament, paving the way for general elections to be called for 5... -
Russia: Ruble recovers some lost ground though early June The Russian ruble continued to regain ground against the U.S. dollar over the past month after sliding to a four-year... -
Canada: Housing starts edge down in May Housing starts—excluding the province of Quebec due to the pandemic—decreased to approximately 137,135 units on a seasonally-adjusted annualized rate (SAAR)... -
Ireland: Manufacturing activity contracts in April According to preliminary data, manufacturing production contracted 7.6% month-on-month in seasonally-adjusted terms in April, contrasting March’s 16.4% expansion. The reading... -
Guatemala: Remittances fall in May amid elevated unemployment in the U.S. Remittances from workers abroad fell 14.2% year-on-year in May, up from April’s 20.2% drop. Remittances totaled USD 836.8 million (May... -
Japan: Comprehensive estimates confirm economy contracted in Q1 2020 but less than expected The economy contracted 2.2% in the first quarter of 2020 compared to the previous quarter in seasonally-adjusted annualized terms, according...