Inflation came in at 4.6% in May, down from April’s 5.0%. May’s reading represented the lowest inflation rate since September...
Latest Global Economic News
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Israel: Inflation declines to lowest level since September 2022 in May -
New Zealand: GDP contraction softens in Q1 GDP dropped 0.1% in Q1 on a seasonally adjusted quarter-on-quarter basis, following the previous quarter’s 0.7% fall. Private consumption increased... -
India: Merchandise exports slide at a milder rate in May Merchandise exports plummeted 10.3% in annual terms in May, on the heels of April’s 12.7% plunge. Meanwhile, merchandise imports contracted... -
Euro Area: ECB sticks to the script and hikes rates by another 25 basis points in June At its 15 June meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Belgium: Harmonized inflation falls to lowest level since July 2021 in May Harmonized inflation came in at 2.7% in May, down from April’s 3.4%. May’s figure marked the lowest inflation rate since... -
United States: Fed keeps rates unchanged in June At the meeting on 13–14 June, the Federal Open Market Committee (FOMC) left the federal funds rate at 5.00%–5.25%. The... -
United Kingdom: Economic activity rebounds in April GDP grew 0.2% in month-on-month seasonally-adjusted terms in April, which contrasted March’s 0.3% decrease and was in line with market... -
Sweden: CPIF falls to lowest level since April 2022 in May Consumer price inflation with a fixed interest dropped to 6.7% in May below April’s 7.6%. May’s reading represented the weakest... -
Bulgaria: Inflation drops in May Inflation dropped to 10.1% in May, following April’s 11.6%. May’s figure represented the weakest inflation rate since February 2022. The... -
Ghana: Inflation rises in May Contrary to market expectations, inflation increased in May, coming in at 42.2% from April’s 41.1%. The acceleration was largely driven...