Consumer prices dropped 0.2% in May over the last month, a smaller drop than April’s 0.6% fall. Looking at the...
Latest Global Economic News
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Korea: Consumer prices post largest fall since September 2019 in May -
Hong Kong: U.S. threatens sanctions on Hong Kong; exact measures still unclear In late May China’s National People’s Congress (NPC) approved a new security law for Hong Kong which will increase Beijing’s... -
Peru: Inflation ticks up in May Consumer prices in Metropolitan Lima increased 0.20% from the previous month in May, accelerating from April’s 0.10% rise. May’s uptick... -
Dominican Republic: Central Bank keeps rates unchanged in May amid weakening peso At its end-May meeting, the Central Bank (BCRD) left its monetary stance unchanged for the second straight meeting, after substantial... -
Egypt: Economic growth slows in January–March The economy expanded 5.0% year-on-year in the third quarter of FY 2020 (January–March 2020), according to estimates announced by the... -
Italy: Government approves additional budget stimulus to shore up the economy amid strained public finances On 13 May, Italy’s government unveiled a EUR 55 billion stimulus package, largely focused on granting financial support to businesses... -
Euro Area: Inflation slumps to nearly four-year low in May as energy prices continue to fall Harmonized inflation fell to 0.1% in May from April’s 0.3%, marking the lowest reading since June 2016, according to a... -
New Zealand: Consumer confidence bounces back but remains in pessimistic terrain in May The ANZ-Roy Morgan consumer confidence indicator jumped to 97.3 in May from April’s 84.8, as lockdown measures were gradually lifted.... -
Poland: Inflation at six-month low on plunging fuel prices in May Consumer prices fell 0.2% over the previous month in May, following April’s 0.1% dip, according to provisional data released by... -
Italy: Annual prices fall for first time in over three years in May Consumer prices inched down 0.1% month-on-month in May, contrasting April’s 0.1% uptick, according to preliminary data released by the National...