GDP grew 0.3% in month-on-month seasonally-adjusted terms in April, which was a deterioration from March’s 0.7% increase. Looking at the...
Latest Global Economic News
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Canada: Economic activity growth wanes in April; flash estimate points to contraction in May -
United States: Consumer confidence falls in June to over one-year low Consumer confidence fell to 98.7 in June from May’s 103.2. June’s result marked the weakest sentiment since February 2021. The... -
Slovenia: Inflation increases in June to highest since 1996 Consumer prices increased 2.74% in June over the previous month, picking up from the 2.03% rise logged in May. Inflation... -
Hong Kong: Retail sales dip in May Retail sales dropped 4.9% year on year in May in volume terms (April: +8.0% yoy). The notable deterioration largely reflected... -
United Kingdom: House prices record weakest monthly reading since July 2021 in June According to the Nationwide Building Society, house prices increased 0.3% month-on-month in June, following May’s 0.9% increase and marking the... -
Switzerland: Decline in retail sales softens in May Retail sales fell 1.6% year on-year in calendar-adjusted terms in May (April: -5.5% c.a. yoy). The smaller contraction largely reflected... -
Vietnam: Industrial output expands at fastest pace since January 2021 in June Industrial output rose 22.8% year on year in June (May: +20.0% yoy). The result marked the strongest expansion since January... -
Vietnam: Economy records best result in series in Q2 GDP growth gained momentum to 7.7% year on year in the second quarter, from 5.0% in the first. Q2’s reading... -
Sweden: The Riksbank delivers largest rate hike in over two decades in June At its meeting on 29 June, the Riksbank raised its key repo rate by 50 basis points, bringing it to... -
Korea: Consumer confidence records worst reading since January 2021 in June Consumer confidence came in at 96.4 in June, down from May’s 102.6. June’s result marked the worst performance since January...