Industrial production increased 2.4% year on year in May (April: +6.1% yoy). May’s outturn marked the worst reading since December...
Latest Global Economic News
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Malaysia: Industrial output records slowest growth since December 2023 in May -
Singapore: GDP growth loses steam in the second quarter According to a preliminary estimate, GDP growth ticked down slightly to 2.9% year on year in the second quarter, from... -
Sweden: CPIF inflation falls to lowest level in over three years in June Consumer prices with a fixed interest rate (CPIF) inflation eased to 1.3% in June from May’s 2.3%. June’s figure marked... -
Kazakhstan: National Bank of Kazakhstan cuts rates in July At its meeting on 12 July, the National Bank of Kazakhstan (NBK) reduced the base rate by 25 basis points... -
Guatemala: GDP growth accelerates in the first quarter GDP reading: The economy started the year on a stronger footing, with GDP expanding 3.3% year on year in the... -
Malaysia: Bank Negara Malaysia leaves rates unchanged in July Latest bank decision: At its meeting on 10–11 July, the Monetary Policy Committee of Bank Negara Malaysia (BNM) decided to... -
Korea: Central Bank leaves rates unchanged in July At its meeting on 11 July, the Central Bank decided to keep the Base Rate unchanged at 3.50%, where it... -
Japan: Core machinery orders record largest drop in six months in May Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Peru: Merchandise exports increase in May Merchandise exports soared 16.8% year-on-year in May, on the heels of April’s 11.6% plunge. The outturn marked the strongest reading... -
United States: Inflation declines to lowest level since June 2023 in June Inflation edged down to 3.0% in June, following May’s 3.3%. June’s figure marked the lowest inflation rate since June 2023...