Latest reading: The UBS/procure.ch Manufacturing Purchasing Managers’ Index (PMI) came in at 45.8 in April, down from March’s 48.9. April’s...
Latest Global Economic News
-
Switzerland: Manufacturing PMI deteriorates in April; services PMI improves -
Portugal: Growth eludes the Portuguese economy in Q1 Portugal’s economy switches to be the Euro area’s worst performer: According to a preliminary reading, the economy lost its footing... -
Korea: Merchandise exports grow at a faster pace in April Latest reading: Merchandise exports rose 3.7% annually in April, following March’s 2.8% increase and beating market forecasts for a decline.... -
Korea: Inflation holds stable in April Latest reading: Inflation was stable at March’s 2.1% in April, close to the Central Bank’s 2.0% target and in line with... -
United States: Economy records sharpest contraction since Q1 2022 in Q1 Tariff threat distorts economic picture: GDP contracted 0.3% in seasonally adjusted annualized rate terms (SAAR) in the first quarter, contrasting... -
Japan: Bank of Japan strikes unexpectedly dovish tone in May BOJ holds again: At its meeting ending on 1 May, the Bank of Japan (BOJ) decided to keep its policy... -
Saudi Arabia: Economy records slowest increase since Q2 2024 in Q1 GDP reading: According to a preliminary estimate from the General Authority for Statistics, annual GDP growth slowed to 2.7% in... -
Peru: Inflation rises in April Latest reading: Inflation came in at 1.7% in April, which was up from March’s 1.3% and in line with the... -
New Zealand: Business confidence decreases in April Latest reading: Business confidence came in at 49.3 in April, down from March’s 57.5. April’s result marked the weakest since... -
Germany: GDP skirts technical recession in Q1 Economy rebounds as expected: According to a preliminary reading, at the outset of 2025, Germany continued its pattern of swinging...