Manufacturing firms’ outlook on business conditions for May rose to 74.0 from April’s 73.0. Despite the uptick, the index remained...
Latest Global Economic News
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Korea: Business confidence among manufacturing firms picks up in May -
Turkey: Central Bank leaves rates unchanged in April At its meeting on 25 April, the Central Bank of the Republic of Turkey (CBRT) decided to hold the 1-week... -
United States: GDP grows at softest pace since Q2 2022 in the first quarter GDP growth lost steam in Q1, falling to 1.6% in seasonally adjusted annualized rate terms (SAAR) from 3.4% in the... -
Angola: Angolan oil output gains steam in March Brent crude oil prices averaged USD 84.96 per barrel in March, up 3.9% from February. On 29 March, the commodity... -
Korea: Consumer confidence unchanged in April Consumer confidence came in at 100.7 in April, matching March’s reading. As such, the index lies above the 100-point threshold,... -
Poland: Industrial output plunges in March Industrial output plunged 6.0% compared to the same month of the previous year in March, contrasting February’s 3.3% increase. The... -
Argentina: Economic activity drops again in February The monthly indicator for economic activity (EMAE) fell 3.2% in year-on-year terms in February, which was a less pronounced drop... -
Peru: Economic activity posts quickest growth since June 2022 in February Economic activity rose 2.8% year on year in February (January: +1.4% yoy). The print marked the best reading since June... -
Russia: Industrial output growth wanes in March Industrial production expanded 4.0% year on year in March (February: +8.5% yoy), falling slightly short of market expectations. Looking at... -
Indonesia: Central Bank decides to raise interest rates in April At its meeting on 23–24 April, the Indonesian Central Bank (BI) unexpectedly decided to raise the BI-Rate by 25 basis...