Inflation dropped to 3.2% in June from May’s 3.9%. June’s result marked the lowest inflation rate since September 2020. While...
Latest Global Economic News
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Brazil: Inflation recedes to near three-year low in June -
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... -
Turkey: Current account deficit increases in May The current account posted a USD 7.9 billion deficit in May, deteriorating from the USD 5.4 billion deficit posted in... -
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... -
China: Credit growth slows in June; further monetary easing likely In June, Chinese banks distributed CNY 3,051 billion in new yuan loans, up from May’s 1,360 billion figure and above... -
Bulgaria: Decline in industrial activity softens in May Industrial output slid 8.2% compared to the same month of the previous year in May, which was above April’s 14.1%... -
Norway: Inflation drops to four-month low in June Inflation eased to 6.4% in June, which followed May’s 6.7%. June’s figure represented the lowest inflation rate since February, but... -
Denmark: Inflation recedes to near two-year low in June Inflation eased to 2.5% in June below May’s 2.9%. June’s figure represented the lowest inflation rate since September 2021. Looking... -
Greece: Industrial output growth dips in May Industrial output rose 1.4% year on year in working-day adjusted terms in May, which was a deterioration from April’s 4.1%...