The average price for Cabinda oil fell to USD 77.1 per barrel (pb) in May from April’s 85.7 pb. This...
Latest Global Economic News
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Angola: Cabinda prices fall in May -
China: Housing data weakens in May In January–May, indicators for property investment, the sale area of commercial housing and real estate funding all worsened relative to... -
Taiwan: Central Bank keeps rates unchanged in June At its monetary policy meeting on 15 June, the Board of Directors of Taiwan’s Central Bank (CBC) left the policy... -
United States: Retail sales beat market expectations in May Retail sales grew 0.3% month-on-month in seasonally-adjusted terms in May (April: +0.4% mom). The reading confounded market expectations for a... -
Ukraine: NBU maintains key policy rate at 25.00% in June At its latest meeting on 15 June, the National Bank of Ukraine (NBU) kept its key policy rate at 25.00%.... -
Finland: Monthly economic activity growth dips in April Economic activity expanded 0.7% in month-on-month seasonally adjusted terms in April, which followed March’s 1.2% increase. The moderation largely reflected... -
Nigeria: Inflation increases again in May Inflation ticked up to 22.4% in May from April’s 22.2%, moving further above the upper bound of the Central Bank’s... -
Panama: Inflation declines to lowest level since March 2021 in May Inflation fell to 0.4% in May, following April’s 1.0%. May’s result represented the lowest inflation rate since March 2021. Looking... -
Israel: Inflation declines to lowest level since September 2022 in May Inflation came in at 4.6% in May, down from April’s 5.0%. May’s reading represented the lowest inflation rate since September... -
New Zealand: GDP contraction softens in Q1 GDP dropped 0.1% in Q1 on a seasonally adjusted quarter-on-quarter basis, following the previous quarter’s 0.7% fall. Private consumption increased...