Harmonized inflation came in at 5.4% in May, which was down from April’s 6.3%. May’s reading represented the weakest inflation...
Latest Global Economic News
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Ireland: Harmonized inflation drops to lowest level since January 2022 in May -
Euro Area: Eurozone enters technical recession The economy dipped 0.1% from the previous quarter in seasonally adjusted quarter-on-quarter terms in Q1, matching Q4’s 0.1% drop and... -
Chile: Inflation falls to over one-year low in May Inflation dropped to 8.7% in May, following April’s 9.9%. May’s result marked the weakest inflation rate since February 2022. The... -
Guatemala: Economic activity growth eases in April Economic activity rose 3.3% compared to the same month of the previous year in April, which was a deterioration from... -
Peru: Central Bank stands pat in June; possible hikes ahead At its 8 June meeting, the Central Bank of Peru kept its key policy interest rate unchanged at 7.75% for... -
India: Reserve Bank of India errs away from pivoting in June amid the arrival of El Niño On 8 June, the Reserve Bank of India (RBI) left the repo rate unchanged at 6.50%, as expected by the... -
Indonesia: Inflation declines to lowest level since May 2022 in May Inflation came in at 4.0% in May, which was down from April’s 4.3%. May’s reading marked the lowest inflation rate... -
Thailand: Inflation falls to over one-year low in May Inflation fell to 0.5% in May below April’s 2.7%. May’s figure marked the weakest inflation rate since August 2021. Annual... -
Canada: Bank of Canada hikes rates in June On 7 June, the Bank of Canada (BoC) raised the target for the overnight rate to 4.75%, and announced it... -
Taiwan: Merchandise exports slide in May Merchandise exports dived 14.1% in annual terms in May, on the heels of April’s 13.3% fall. Exports of electronics, metal,...