Inflation came in at 11.2% in June, up from May’s 10.6%. A weaker kwanza and the removal of fuel subsidies...
Latest Global Economic News
-
Angola: Inflation increases in June -
New Zealand: RBNZ stands pat in July, but no rate cut in sight At its 12 July meeting, the Reserve Bank of New Zealand (RBNZ) left the official cash rate (OCR) unchanged at... -
Turkey: Decline in industrial activity softens in May Industrial output fell 0.2% in year-on-year terms in May, which was a less pronounced contraction than April’s 1.2% decrease. The... -
Uruguay: Industrial output bounces back in May Industrial output grew 0.9% in year-on-year terms in May, which contrasted April’s 3.0% decrease. The reading reflected a broad-based improvement,... -
Serbia: Inflation declines to lowest level since August 2022 in June Inflation came in at 13.7% in June, down from May’s 14.8%. June’s result represented the lowest inflation rate since August... -
Ghana: Inflation rises in June Inflation increased to 42.5% in June from May’s 42.1%. The reading surprised markets to the upside and was driven by... -
India: Inflation rises in June on red-hot tomato prices Inflation came in at 4.8% in June, up from May’s 4.3%. The reading was largely driven by soaring prices for... -
Colombia: Merchandise exports rebound in May Merchandise exports soared 17.0% on an annual basis in May, on the heels of April’s 31.5% dive. May’s outturn marked... -
China: Consumer prices flatline in June; producer prices continue to fall Consumer prices were flat in annual terms in June, below May’s 0.2% rise and undershooting market expectations. June’s figure represented... -
United Kingdom: Labor market softens towards end-Q2 According to the ONS, in March–May the unemployment rate registered 4.0%, up 0.2 percentage points from the previous rolling quarter...