Inflation fell to 4.5% in May, following April’s 5.0%. May’s result marked the lowest inflation rate since August 2021 and...
Latest Global Economic News
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Serbia: Inflation falls to over two-year low in May -
Thailand: Central Bank maintains policy rate in June At its meeting on 12 June, the Monetary Policy Committee (MPC) of the Bank of Thailand voted six to one... -
Uruguay: Manufacturing production rebounds in April Manufacturing production grew 6.1% year on year in April (March: -16.7% yoy). Looking at the details of the release, April’s... -
Angola: Inflation approaches seven-year high in May Inflation rose to 30.2% in May from April’s 28.2%. May’s reading represented the highest inflation rate since June 2017. Price... -
India: Inflation hits one-year low in May Inflation eased to 4.7% in May, cooling slightly from April’s 4.8% and below market expectations. May’s result represented the weakest... -
Ukraine: Inflation rises in May Inflation rose to 3.3% in May, following April’s 3.2%. The reading was driven by accelerating price growth for housing and... -
UAE: UAE crude output stays downbeat 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... -
Colombia: Consumer confidence eases in May Consumer confidence came in at minus 14.1 in May, down from April’s minus 11.4. May’s result marked the worst performance... -
Kuwait: Kuwait crude output continues to fall year on year in May Kuwait oil output dipped to 2.42 mbpd (million barrels per day) in May from 2.43 mbpd in April, remaining at... -
Hungary: Inflation comes in at highest level since December 2023 in May Inflation rose to 4.0% in May, from April’s 3.7%. May’s result was the highest inflation rate since December 2023. Prices...