In May, cash remittances from Overseas Filipino Workers (OFW) reached USD 2.5 billion, a 6.9% expansion from the same month...
Latest Global Economic News
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Philippines: Cash remittances edge higher in May -
Indonesia: Trade surplus recorded in June According to Statistics Indonesia (BPS), Indonesia recorded a trade surplus of USD 1.7 billion in June, a turnaround from the... -
China: Economic growth slides in Q2 on financial deleveraging and amid escalating trade disputes Growth in China lost some steam in Q2, reflecting aggressive financial deleveraging and authorities’ efforts to crack down on shadow... -
India: Inflation reaches a five-month high in June In June, consumer prices rose 0.58% from the previous month—more than the 0.51% rise recorded in May and representing the... -
United States: Retail sales soften slightly in June Retail sales expanded 0.5% month-on-month in June, easing from May’s robust, upwardly-revised 1.3% print (previously reported: +0.8% month-on-month) and in... -
Belarus: Industrial production slows further in June Industrial production growth slowed to 5.3% in annual terms in June, a five-month low, from the 6.3% figure recorded in... -
Bulgaria: Inflation hits over five-year high in June Consumer prices rose 0.1% on a month-on-month basis in June, easing from May’s 0.3% rise. According to the Statistical Institute,... -
Ukraine: Inflation drops to single digits in June Consumer prices were stable in month-on-month terms for the second consecutive month in June (May: +0.0% month-on-month). According to the... -
Russia: Industrial production growth slides to six-month low Industrial output growth eased in June, according to the Federal State Statistics Service (Rosstat). Industrial production increased 2.2% in annual... -
Israel: Inflation reaches Bank of Israel’s target range for the first time in over four years Consumer prices in Israel rose marginally in June over the prior month, increasing 0.1%. The print came in below May’s...