The economy expanded 0.1% in seasonally adjusted quarter-on-quarter terms in Q1, contrasting Q4’s 0.4% decrease. Meanwhile, output decreased 0.2% on...
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Czech Republic: Economy expands in Q1 -
Euro Area: Inflation unexpectedly ticks up in April Harmonized inflation rose in April, surprising markets on the upside, increasing to 7.0% from March’s 6.9% reading. As a result,... -
Australia: RBA hikes rates in May; signals possible further hikes ahead At its monetary policy meeting on 2 May, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Chile: Economic activity deteriorates in March, but outturn over Q1 as a whole is robust Economic activity dropped 2.1% in year-on-year terms in March, which was a deterioration from February’s 0.5% decrease. March’s reading was... -
Chile: Business confidence increases but remains in negative territory in April The business confidence index came in at 41.4 in April, up from March’s 40.5. Despite the uptick, the index remained... -
Hong Kong: GDP records quickest upturn since Q4 2021 in the first quarter GDP expanded 2.7% on an annual basis in Q1 (Q4 2022: -4.1% year on year), far above market expectations. Q1’s... -
Korea: Inflation drops to lowest level since February 2022 in April Inflation eased to 3.7% in April, below March’s 4.2% and matching market expectations. April’s figure represented the weakest inflation rate... -
Belarus: Central Bank cuts rates further in May On 2 May, the National Bank of the Republic of Belarus (NBRB) announced it would cut the refinancing rate again... -
Korea: Merchandise exports fall at a quicker pace in April Merchandise exports plummeted 14.2% year on year in April, slightly worse than market expectations and on the heels of March’s... -
Kazakhstan: Inflation declines in April Inflation cooled to 16.8% in April, below March’s 18.1%, marking the second consecutive decline. Looking at the details of the...