Industrial output shrank 6.6% year-on-year in April (March: +0.3% yoy). April’s result marked the sharpest contraction since October 2009 and...
Latest Global Economic News
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Russia: Industrial output shrinks at sharpest rate in over a decade in May -
Guatemala: Economic activity contracts at steep pace in March Economic activity contracted 4.9% year-on-year in March, swinging from the 2.8% expansion logged in February and coming on the back... -
Nigeria: Inflation remains stable in April Consumer prices rose 1.02% over the previous month in April, picking up from the 0.84% increase seen in March. April’s... -
Ireland: Consumer confidence improves in May The KBC Bank Ireland/ESRI consumer sentiment jumped to 52.3 in May from 42.6 in April, which had marked the worst... -
Turkey: Consumer confidence ticks up in May Consumer confidence ticked up in May despite the coronavirus, with the consumer confidence index rising to 59.5 from 54.9 in... -
Euro Area: Inflation at near four-year low in April on plunging energy prices Harmonized inflation fell to 0.3% in April from March’s 0.7%, marking the lowest reading since August 2016. Inflation thus moved... -
Netherlands: Consumer sentiment falls further into pessimistic territory in May Sentiment among consumers deteriorated further in May, with the consumer confidence index falling from minus 22 in April to minus... -
Thailand: Central Bank cuts the policy rate to an all-time low in May At its 20 May meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) slashed the policy rate by... -
Angola: Cabinda crude oil prices fall to over two-decade low despite lower output The average price of Angola’s Cabinda crude plummeted to an over two-decade low of USD 14.1 per barrel (pb) in... -
Malaysia: Consumer prices decline on an annual basis in April Consumer prices dropped a seasonally-adjusted 2.7% over the previous month in April, coming in below the 1.2% drop seen in...