Harmonized inflation rose to 4.9% in April, above March’s 3.8%. April’s result represented the highest inflation rate since March 2023....
Latest Global Economic News
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Belgium: Harmonized inflation comes in at highest level since March 2023 in April -
Italy: Harmonized inflation moderates in April Harmonized inflation ticked down to 0.9% in April from March’s 1.2%. The moderation was broad-based, with lower price pressures recorded... -
Luxembourg: Harmonized inflation declines to lowest level since January in April Harmonized inflation came in at 3.0% in April, down from March’s 3.2%. April’s figure marked the lowest inflation rate since... -
India: BJP likely to win elections, facilitating continued strong GDP growth and fiscal consolidation On 4 June, results will be announced for elections to the lower house of Parliament, the Lok Sabha. The party... -
South Africa: The next government will face multiple challenges and should focus on implementing structural reforms to set the economy free from... -
Hungary: Central Bank decreases rates in May At its meeting on 21 May, the Central Bank decided to reduce its base rate by 50 basis points to... -
Nigeria: Central Bank of Nigeria raises rates in May At its meeting on 20–21 May, the Central Bank of Nigeria (CBN) decided to raise the Monetary Policy Rate (MPR)... -
Korea: Consumer confidence falls to six-month low in May Consumer confidence fell to 98.4 in May from April’s 100.7. May’s result marked the worst performance since November 2023. Consequently,... -
Malaysia: Merchandise exports rebound in April Merchandise exports increased 1.3% year-on-year in April, following March’s 6.1% decrease. The outturn marked the strongest result since February 2023.... -
Chile: GDP growth records best reading since Q4 2021 in Q1 GDP growth accelerated to 1.9% on a seasonally adjusted quarter-on-quarter basis in the first quarter, up from 0.1% in the...