Inflation came in at 75.4% in May, up from April’s 69.8%. May’s figure marked the highest inflation rate since November...
Latest Global Economic News
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Turkey: Inflation increases in May -
Korea: Merchandise exports increase at a milder rate in May Merchandise exports shot up 11.7% year-on-year in May (April: +13.8% year-on-year), while the daily average export value—which accounts for the... -
Chile: Economic activity expands year on year in April, but shrinks month on month Economic activity expanded 3.5% compared to the same month of the previous year in April, which was above March’s 0.5%... -
Australia: Retail sales rebound in April Retail sales bounced back in April, expanding 0.1% month-on-month in seasonally adjusted terms (March: -0.4% mom). Looking at the details... -
Serbia: Industrial output bounces back in April Industrial output increased 2.9% in year-on-year terms in April, which contrasted March’s 5.8% decrease. The improvement was chiefly driven by... -
Korea: Industrial output rebounds in April Industrial output expanded 2.2% in month-on-month seasonally adjusted terms in April, which contrasted March’s 3.0% decrease. The reading was largely... -
Portugal: Industrial output plummets at the fastest clip in one year in April Industrial output dropped 2.4% in month-on-month seasonally adjusted terms in April, which contrasted March’s 2.8% increase. April’s outturn marked the... -
Italy: GDP growth ticks up in Q1 A second reading confirmed that GDP growth ticked up to 0.3% in the first quarter, up from the 0.1% expansion... -
Italy: Economic sentiment rises into optimistic territory in May Economic sentiment rose to 100.4 in May from April’s 99.6. Consequently, the index moved above the long-term average of 100,... -
Switzerland: Economic growth records best result since Q2 2022 in Q1 GDP growth improved somewhat to 0.5% on a seasonally adjusted quarter-on-quarter basis in the first quarter, from 0.3% in the...