Inflation came in at 43.7% in April, down from March’s 50.5%. April’s reading represented the weakest inflation rate since December...
Latest Global Economic News
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Turkey: Inflation declines to lowest level since December 2021 in April -
Dominican Republic: Economic activity growth accelerates to three-month high in March Economic activity rose 2.1% in year-on-year terms in March, which was above February’s 1.8% increase. March’s reading was the strongest... -
Thailand: Merchandise exports decline in March Merchandise exports fell 4.2% on an annual basis in March, on the heels of February’s 4.7% drop. Meanwhile, merchandise imports... -
Thailand: Manufacturing activity dips in March Manufacturing output dropped 1.2% in month-on-month seasonally-adjusted terms in March, which contrasted February’s 1.5% increase. On an annual basis, manufacturing... -
Czech Republic: Economy expands in Q1 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... -
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... -
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... -
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...