Inflation inched up to 3.9% in May, above April’s 3.7%. The acceleration was roughly in line with market expectations, and...
Latest Global Economic News
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Brazil: Inflation increases in May for first time in eight months -
Czech Republic: Inflation drops in May Inflation came in at 2.6% in May, which was down from April’s 2.9% but above the midpoint of the Czech... -
Nigeria: Nigerian oil output rise in May Brent crude oil prices averaged USD 83.05 per barrel in May, down 6.7% from April. On 31 May, the commodity... -
Saudi Arabia: Saudi crude output still weak in May; Brent prices fall Brent crude oil prices averaged USD 83.05 per barrel in May, down 6.7% from April. On 31 May, the commodity... -
Malaysia: Industrial output notches quickest growth since September 2022 in April Industrial output expanded 6.1% year on year in April, which was above March’s 2.4% increase. The result marked the best... -
Mexico: Peso sinks following MORENA election victory Recent currency performance: The peso traded at MXN 18.34 per USD on 7 June, depreciating 8.0% month on month. This... -
Turkey: Current account deficit widens in April The current account posted a USD 5.3 billion deficit in April, deteriorating from the USD 4.4 billion deficit booked in... -
Denmark: Inflation comes in at highest level since August 2023 in May Inflation came in at 2.2% in May, which was up from April’s 0.8%. May’s figure was the highest inflation rate... -
Slovakia: Industrial output rises at fastest pace in six months in April Industrial output rebounded notably in April, expanding 6.4% in year-on-year terms in April, which contrasted March’s 6.9% decrease. Looking at... -
Belarus: Inflation ticks up in May Inflation edged up to 5.7% in May, above April’s 5.6%. Looking at the details of the release, faster price pressures...