Consumer sentiment came in at 36.0 in May, up from April’s 35.4. May’s result marked the strongest since January 2022....
Latest Global Economic News
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Japan: Consumer sentiment hits highest reading since January 2022 in May -
Sweden: Economic sentiment improves in May The economic tendency indicator (ETI) resumed its upward trend in May; it rose to 89.4, up from April’s 87.3, marking... -
Czech Republic: Economy records sharpest contraction since Q1 2021 in Q1 2023 The economy contracted 0.4% on an annual basis in the first quarter, contrasting the fourth quarter’s 0.3% increase. Q1’s reading... -
Euro Area: Economic sentiment down in May Sentiment in the Eurozone fell to 96.5 in May from 99.0 in April. Consequently, the index remained entrenched below its... -
Cyprus: Industrial output records largest contraction in two years in March Industrial output dropped 2.6% year on year in March (February: +0.8% yoy). The result marked the worst reading since February... -
Portugal: Consumer confidence rises to over one-year high in May Consumer confidence rose to minus 27.0 in May from April’s minus 30.2. May’s result marked the best reading since February... -
Netherlands: Business confidence falls to over two-year low in May Business confidence fell to 2.1 in May from April’s 3.0. May’s result marked the weakest sentiment since February 2021. As... -
Austria: Consumer confidence decreases in May Consumer confidence was at minus 25.0 in May down from April’s minus 24.0. Thus, the index remained below the 0-threshold... -
United States: Tentative debt-ceiling deal reached; congressional passage still not assured At the end of May, President Biden and Republican Speaker of the House Kevin McCarthy reached a deal to raise... -
Sweden: GDP rebounds at a stronger-than-previously-reported pace in Q1 A second national accounts release revealed underlying momentum strengthened at a brisker pace than initially reported: The economy bounced back...