The OPEC oil basket traded at USD 75.2 per barrel on average in June, down 0.8% from the prior month....
Latest Global Economic News
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Saudi Arabia: OPEC oil output falls further in June, with crude prices roughly stable -
Spain: Current account surplus narrows in April The current account posted a EUR 1.8 billion surplus in April, deteriorating from the EUR 5.7 billion surplus posted in... -
Indonesia: Inflation declines to lowest level since April 2022 in June Inflation came in at 3.5% in June, which was down from May’s 4.0%. June’s reading marked the lowest inflation rate... -
Chile: Copper prices rise in June; copper output falls by double digits in May Copper prices rose in June to USD 8,397 from the prior month’s USD 8,243, and tracked above USD 8,000 in... -
Korea: Inflation falls to 21-month low in June Inflation came in at 2.7% in June, which was down from May’s 3.3%. June’s result marked the lowest inflation rate... -
Latvia: Industrial output drops again in May Industrial output fell 8.8% year on year in May (April: -7.0% yoy). The sharper drop largely reflected a marked downturn... -
Philippines: Inflation falls to over one-year low in June Inflation dropped to 5.4% in June from May’s 6.1%. June’s result marked the lowest inflation rate since May 2022. The... -
Germany: Merchandise exports decline in May Merchandise exports fell 0.1% in May on a month-on-month calendar and seasonally adjusted basis (April: +1.0% mom c.s.a.). Meanwhile, merchandise... -
Thailand: Merchandise exports slide in May Merchandise exports declined 4.6% in annual terms in May (April: -7.6% year-on-year). Meanwhile, merchandise imports decreased 3.4% over the same... -
Poland: Business sentiment ticks up in June Business confidence rose to minus 11.9 in June from May’s minus 12.2. Therefore, the index remained entrenched below the 0-threshold,...