Harmonized inflation surged to 3.8% in May from April’s 2.3%. May’s reading was the highest inflation rate since September 2023...
Latest Global Economic News
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Portugal: Harmonized inflation rockets to eight-month high in May -
United Kingdom: UK elections likely to bring only mild policy shift Labour Party set to win: On 4 July, the UK will elect a new lower House of Parliament. Polls currently... -
Kazakhstan: Industrial output growth eases in June Industrial output growth slowed to 1.7% year on year in June (May: +2.1% yoy). The reading was largely due to... -
Japan: Core machinery orders deteriorate in April Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Panama: Inflation drops to lowest level since January in May Inflation eased to 1.3% in May, below April’s 1.7%. May’s result represented the weakest inflation rate since January. Looking at... -
Italy: Harmonized inflation declines to lowest level since December 2023 in May Harmonized inflation came in at 0.8% in May, down from April’s 0.9%. May’s result marked the weakest inflation rate since... -
China: May real-sector data largely disappoints Industrial production grew 5.6% year on year in May (April: +6.7% yoy), undershooting market expectations. The slowdown largely reflected decelerating... -
Qatar: Industrial activity records largest decline in six months in April Industrial output nosedived 5.9% year on year in April (March: -0.2% yoy), the quickest rate of shrinkage in six months.... -
Saudi Arabia: Inflation stable in May Inflation came in at 1.6% in May, matching April’s result. Looking at the details of the release, price pressures for... -
Israel: Inflation holds stable in May Inflation held steady at April’s 2.8% in May. The result was driven by moderating price pressures for transportation and communication...