Inflation fell to 2.8% in April below March’s 3.4%. April’s reading marked the weakest inflation rate since April 2022. The...
Latest Global Economic News
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Vietnam: Inflation declines to year-low in April -
Colombia: BanRep raises policy rate by 25 basis points in April At its 28 April meeting, the board of directors of Colombia’s Central Bank (BanRep) raised the benchmark interest rate by... -
Spain: Current account surplus widens in January The current account posted a EUR 3.3 billion surplus in January, improving from the EUR 1.2 billion surplus posted in... -
Spain: Harmonized inflation falls in March Harmonized inflation fell to 3.1% in March, following February’s 6.0%. Falling transport prices and softer price pressures for restaurants and... -
Spain: Economy expands more than expected in Q1 GDP rose 0.5% on a seasonally adjusted quarter-on-quarter basis in Q1, up from the 0.4% increase recorded in Q4 2022... -
Korea: Industrial output grows at quickest pace since June 2020 in March Industrial output expanded 5.1% in month-on-month seasonally-adjusted terms in March, which contrasted February’s 2.7% decrease. The figure marked the best... -
Taiwan: GDP records sharpest contraction since Q2 2009 in the first quarter GDP declined at a steeper rate of 3.0% year on year in the first quarter, below the 0.4% contraction tallied... -
Russia: Central Bank stays put, remains hawkish in April At its meeting on 28 April, the Central Bank of the Russian Federation (CBR) kept its key policy rate stable... -
Switzerland: KOF Economic Barometer deteriorates in April The KOF Economic Barometer came in at 96.4 in April, down from March’s 99.2. As a result, the index remained... -
Canada: Economic activity growth slows in February, but strong outturn expected for Q1 as a whole GDP expanded 0.1% in month-on-month seasonally-adjusted terms in February, which was a deterioration from January’s 0.6% increase and undershot the...