Merchandise exports rose 1.0% in annual terms in May (April: -29.4% year-on-year). Meanwhile, merchandise imports jumped 14.4% in annual terms...
Latest Global Economic News
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Indonesia: Merchandise exports increase in May -
Peru: Economic activity growth gains momentum in April Economic activity grew 0.3% in year-on-year terms in April, which was above March’s 0.2% increase. The upturn was primarily driven... -
Nigeria: Central Bank sets the naira free On 14 June, the Nigerian naira (NGN) lost a staggering 25% of its value relative to the previous day, falling... -
Chile: Central Bank stays put in June At its 19 June meeting, the board of the Central Bank of Chile (BCCh) decided to leave the monetary policy... -
Canada: Housing market data for May is positive According to the Teranet-National Bank House Price Index, house prices rose 1.6% month on month in May, following April’s 1.8%... -
Vietnam: Central Bank slashes benchmark refinancing rate by another 50 basis points in June On 16 June, the State Bank of Vietnam (SBV) cut the benchmark refinancing rate from 5.00% to 4.50%. The move... -
Singapore: Non-oil domestic exports contract at a sharper rate in May Non-oil domestic exports (NODX) dived 14.7% in annual terms in May (April: -9.8% year-on-year), a steeper contraction than markets expected.... -
Hungary: Industrial activity contracts at sharpest pace since July 2020 in April According to a second estimate by the Statistical Institute, industrial output dropped 5.8% year on year in April (March: -4.0%... -
Angola: Angolan kwanza plummets in Q2 On 16 June, the Angolan kwanza traded at AOA 705 per USD, marking a 25.6% month-on-month depreciation. Meanwhile, the currency... -
Cyprus: Harmonized inflation falls to over one-year low in May Harmonized inflation came in at 3.6% in May, down from April’s 3.9%. May’s reading represented the lowest inflation rate since...