Consumer prices ticked up 0.04% from the previous month in May, swinging from April’s 0.36% fall. The rebound was broad-based...
Latest Global Economic News
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Switzerland: Consumer prices post greatest drop since January 2016 in May -
Peru: Business sentiment ticks up in May, remains deeply pessimistic Business confidence edged up in May to 14.0, pulling away from April’s record low of 9.1 points as firms reacted... -
Cyprus: Consumer prices fall again year-on-year in May Consumer prices fell 0.1% from the previous month in May, following April’s 1.5% drop. May’s dip was mainly driven by... -
Ecuador: Inflation falls at sharpest rate in six months in May Consumer prices fell 0.26% over the previous month in May, contrasting the 1.00% rise seen in April. May’s result marked... -
Euro Area: Unemployment rate rises modestly in April amid massive short-time work schemes and as people held off... Labor market conditions in the common currency bloc worsened sharply in April, the second month when COVID-19 containment measures were... -
Australia: Combination of bushfires, drought and Covid-19 hits the economy hard in Q1 A severe bushfire season coupled with a prolonged drought and lockdown measures to combat the coronavirus pandemic hit the economy... -
Israel: Composite State of the Economy Index falls at sharpest pace since October 2001 in April The Bank of Israel’s Composite State of the Economy Index dropped 0.33% month-on-month in seasonally-adjusted terms in April. The result... -
Switzerland: GDP records largest contraction on record in Q1 GDP contracted 2.6% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, contrasting the 0.3% expansion recorded in the fourth... -
Brazil: Industrial production dives to record low in April Industrial output plunged 18.8% month-on-month in seasonally-adjusted terms in April, a sharper fall than March’s 9.0% drop. Although April’s result... -
Canada: Bank of Canada keeps rates unchanged in June, sustains asset purchasing programs On 3 June, the Bank of Canada (BoC) kept its target for the overnight rate at 0.25%, its effective lower...