The current account posted a USD 5.4 billion deficit in April, deteriorating from the USD 4.9 billion deficit recorded in...
Latest Global Economic News
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Turkey: Current account deficit increases in April -
Peru: Merchandise exports decrease in April Merchandise exports contracted 5.5% annually in April (March: +2.5% year-on-year). Meanwhile, merchandise imports dived 23.7% on an annual basis in... -
Argentina: Industrial output growth dips in April Industrial output increased 1.7% in year-on-year terms in April, which was a deterioration from March’s 3.5% increase. April’s slowdown was... -
Argentina: Consumer confidence rises in May The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 38.3 in May from 37.1 in April. Consequently, the... -
Italy: Industrial activity drops at sharpest pace since September 2022 in April Industrial production dropped 2.0% month-on-month in seasonally-adjusted terms in April (March: -0.6% mom). The result marked the worst reading since... -
India: Industrial output growth speeds up in April Industrial output grew 4.2% in year-on-year terms in April, which followed March’s 1.7% increase. April’s figure was partly due to... -
Serbia: Inflation drops to lowest level since September 2022 in May Inflation fell to 14.8% in May below April’s 15.2%. May’s figure represented the lowest inflation rate since September 2022. The... -
Angola: Inflation holds stable in May Inflation held steady at April’s 10.6% in May. Meanwhile, the trend pointed down as annual average inflation dropped to 15.1%... -
China: Credit data disappoints in May; Central Bank cuts rates In May, Chinese banks distributed CNY 1360 billion in new yuan loans, up from May’s 719 billion figure but below... -
Uruguay: Industrial activity dips in April Industrial production decreased 3.0% year on year in April (March: +4.1% yoy). The reading reflected a broad-based downturn across the...