Inflation came in at 2.7% in May, down from April’s 2.9% and slightly below market expectations. May’s reading marked the...
Latest Global Economic News
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Korea: Inflation declines to lowest level since July 2023 in May -
Turkey: Economic growth records quickest upturn in three quarters in Q1 GDP growth accelerated to 2.4% on a seasonally adjusted quarter-on-quarter basis in the first quarter from 1.0% in the fourth... -
Portugal: Economy records best reading in a year in Q1 2024 A second national accounts release confirmed that the economy improved in the first quarter, expanding 0.8% on a seasonally adjusted... -
Japan: Industrial activity dips in April Industrial output declined 0.1% month on month in seasonally adjusted terms in April (March: +4.4% mom). The reading was partly... -
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... -
Spain: Current account improves in March The current account posted a EUR 3.3 billion surplus in March, improving from the EUR 1.9 billion surplus posted in... -
Kenya: Inflation increases in May Inflation ticked up to 5.1% in May, up from April’s 5.0% and surprising markets on the upside. Looking at the... -
Switzerland: Retail sales rebound in April Retail sales expanded 0.2% in month-on-month seasonally adjusted terms in April, which contrasted March’s 0.3% decrease. Looking at the details... -
Lithuania: GDP growth records a two-year high in Q1 A second national accounts release confirmed that seasonally and calendar-adjusted GDP growth accelerated to 2.9% year on year in the... -
Czech Republic: GDP growth inches down in Q1 The economy lost some steam in Q1 2024, when GDP growth waned to 0.3% in a seasonally adjusted quarter-on-quarter basis....