Latest reading: The UBS/procure.ch Manufacturing Purchasing Managers’ Index (PMI) came in at 42.1 in May, down from April’s 45.8. May’s...
Latest Global Economic News
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Switzerland: Manufacturing PMI drops to over one-year low in May; services PMI rises -
Portugal: Industrial output recovers tepidly in April Latest reading: Industrial output rebounded by 1.2% month on month in seasonally adjusted terms in April, contrasting March’s 3.9% contraction.... -
Korea: Merchandise exports decline in May Latest reading: Merchandise exports decreased 1.3% on an annual basis in May (April: +3.5% yoy), marking the first decline in... -
Singapore: Manufacturing PMI rises in May Latest reading: The Singapore Institute of Purchasing and Materials Management (SIPMM) Manufacturing PMI rose to 49.7 in May from 49.6... -
Greece: Unemployment rate declines in April Latest reading: April’s data sent positive signals regarding the health of the labor market. The seasonally adjusted unemployment rate fell... -
Spain: Current account surplus moderates in March Latest reading: The current account recorded a EUR 1.4 billion surplus in March, deteriorating from the EUR 2.3 billion surplus... -
Brazil: Economic growth defies challenges and powers through in Q1 Economy expands for 15th quarter running: The Brazilian economy charged through Q1, with GDP growth accelerating to 1.4% on a... -
Dominican Republic: Central Bank remains on stand-by in May Interest rates remain on hold: On 30 May, the Central Bank of the Dominican Republic (BCRD) decided to maintain its... -
New Zealand: Business confidence slumps in May Latest reading: Business confidence came in at 36.6 in May, down 49.3 in April. May’s result marked the weakest since... -
Korea: Economic activity dips in April Latest reading: Economic activity slid 0.8% in seasonally adjusted month-on-month terms in April (March: +0.9% mom s.a.). April’s figure was...