According to a preliminary reading, the economy shrank 0.2% on a seasonally adjusted quarter-on-quarter basis in the first quarter, following...
Latest Global Economic News
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Hungary: The economy contracts at a softer pace in Q1 -
Poland: GDP growth ticks down in year-on-year terms in Q1 According to a flash release, GDP growth came in at -0.2% year on year (yoy) in Q1, down from the... -
Malaysia: Merchandise exports deteriorate in April Merchandise exports contracted 20.3% over the same month last year in April, weakening further from March’s 7.3% drop. The downturn... -
Angola: Central Bank stands pat in May On 19 May, the Monetary Policy Committee of the National Bank of Angola (BNA) decided to hold the basic interest... -
Indonesia: Merchandise exports contract in March Merchandise exports fell 11.3% year-on-year in March (February: +4.4% year-on-year). Downturns in exports of oil and gas and non-oil and... -
Australia: Consumer sentiment falls in May The Westpac-Melbourne Institute consumer sentiment index fell to 79.0 in May from 85.8 in April. Consequently, sentiment remained entrenched below... -
Australia: Unemployment rate rises in April Seasonally-adjusted employment decreased by 4,300 in April, following 61,100 jobs added in March. April’s result was driven by a decline... -
Mexico: Banxico leaves policy rate unchanged in May At its meeting on 18 May, the Governing Board of the Bank of Mexico (Banxico) left the overnight interbank interest... -
Philippines: Central Bank pauses monetary policy tightening cycle in May At its 18 May meeting, the Bangko Sentral ng Pilipinas (BSP) left the overnight reverse repurchase facility rate unchanged at... -
Latvia: Harmonized inflation falls to one-year low in April Harmonized inflation fell to 15.0% in April, following March’s 17.2%. April’s figure represented the weakest inflation rate since April 2022....