Economic activity increased 2.4% compared to the same month a year earlier in May, which was above April’s 0.3% increase....
Latest Global Economic News
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Dominican Republic: Economic activity expands at quickest pace in five months in May -
Chile: Business confidence falls to six-month low in June Business confidence fell to 39.5 in June from May’s 41.4. June’s result marked the weakest sentiment since December 2022. As... -
Chile: Economic activity drops at sharpest rate since December 2022 in May Economic activity declined 2.0% year on year in May (April: -1.1% yoy). May’s result marked the worst reading since December... -
Switzerland: Inflation falls to over one-year low in June Inflation came in at 1.7% in June, which was down from May’s 2.2%. June’s reading marked the lowest inflation rate... -
Hong Kong: Retail sales growth rises in May Retail sales expanded 16.5% year on year in May (April: +13.1% yoy). Rising tourism numbers and the disbursement of consumption... -
Korea: Merchandise balance turns positive in June for first time in 16 months Merchandise exports decreased 6.0% over the same month last year in June (May: -15.2% year on year). June’s figure marked... -
Kazakhstan: Inflation declines in June but remains elevated Inflation cooled to 14.6% in June, below May’s 15.9%, marking the fourth consecutive monthly slowdown. Looking at the details of... -
Ecuador: Economy records slowest increase since Q1 2021 in Q1 GDP growth moderated to 0.7% year on year in the first quarter, from 4.3% in the fourth quarter of last... -
Turkey: Lira plummets as Turkey embarks on path of economic orthodoxy On 30 June, the TRY traded at an all-time low of 26.1 per USD, which marked a staggering 21.8% month-on-month... -
Switzerland: Annual decline in retail sales softens in May Retail sales slid 1.1% year on year in calendar-adjusted terms in May, which was a less pronounced drop than April’s...