Retail sales dropped 12.8% in year-on-year terms in May, which was above April’s 16.5% decrease. The smaller contraction was due...
Latest Global Economic News
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Hong Kong: Decline in retail sales softens in May but remains marked -
Switzerland: Inflation declines to lowest level since March in June Inflation came in at 1.3% in June, which was down from May’s 1.4%. June’s figure marked the lowest inflation rate... -
Poland: Central Bank maintains rates in July; hints at rate cuts from 2026 Latest bank decision: At its meeting on 2–3 July, the Central Bank met market expectations and kept interest rates unchanged,... -
Switzerland: Retail sales growth picks up pace in May Retail sales rose 0.2% month-on-month in seasonally adjusted terms in May (April: +0.1% mom). The pickup was largely driven by... -
Portugal: Industrial output records largest drop in over one year in May Industrial output decreased 3.2% in month-on-month seasonally adjusted terms in May, which was a deterioration from April’s 2.2% decrease. May’s... -
Euro Area: Unemployment rate unchanged in May The seasonally adjusted unemployment rate was stable at April’s 6.4% in May. As for the Eurozone’s largest economies, the unemployment... -
Angola: GDP growth records quickest upturn in nine years in Q1 GDP reading: The economy surged in the first quarter, expanding 4.6% year on year, which more than doubled Q4 2023’s... -
Korea: Merchandise exports rise at a more moderate pace in June Merchandise exports increased 5.1% annually in June, following May’s 11.5% jump and marking the second-highest total export value of all... -
Chile: Economic activity growth loses pace in May Economic activity grew 1.2% year on year in May (April: +3.5% yoy), below market expectations. Looking at the details of... -
Greece: Unemployment rate falls in May May’s data sent mixed signals regarding the health of the labor market. The seasonally adjusted unemployment rate fell to 10.6%...