Consumer confidence came in at 44.1 in April, down from March’s 44.4. As such, the index remained entrenched below the...
Latest Global Economic News
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Mexico: Consumer confidence deteriorates in April -
Euro Area: ECB hikes rates by 25 basis points in May; rate hike cycle likely nears its peak At its 4 May meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Estonia: Industrial output decreases at sharper pace in March Industrial production collapsed 12.6% year on year in seasonally and calendar-adjusted terms in March (February: -7.5% ). Looking at the... -
Serbia: GDP growth accelerates in Q1 but remains subdued According to a preliminary reading, GDP growth improved moderately to 0.7% year on year in the first quarter, from 0.4%... -
Greece: Unemployment rate declines in March March’s data pointed to an improvement in the labor market. The number of employed people increased by 59,417 compared with... -
Brazil: COPOM holds fire for sixth consecutive meeting in May At its 2–3 May meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank (BCB) decided to once again leave... -
Malaysia: Bank Negara Malaysia delivers surprise hike in May At its 2–3 May meeting, the Monetary Policy Committee of Bank Negara Malaysia (BNM) raised the overnight policy rate (OPR)... -
Czech Republic: The Czech National Bank stands pat in May; strikes more hawkish tone At its 3 May meeting, the Board of the Czech National Bank (CNB) left the two-week repo rate unchanged at... -
United States: Fed hikes by 25 basis points in May At the meeting on 2–3 May, the Federal Open Market Committee (FOMC) increased the target range for the federal funds... -
Turkey: Inflation declines to lowest level since December 2021 in April Inflation came in at 43.7% in April, down from March’s 50.5%. April’s reading represented the weakest inflation rate since December...