Business confidence came in at 93.0 in May, up from April’s 91.9. Despite the uptick, the index remained below the...
Latest Global Economic News
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Germany: Business confidence rises but remains in negative territory in May -
France: Business confidence drops to over one-year low but remains optimistic in May Business confidence fell to 106.2 in May from April’s 107.6. May’s result marked the worst reading since April 2021. As... -
Indonesia: Central Bank holds fire in May At its monetary policy meeting on 23–24 May, Bank Indonesia (BI) again decided to leave the seven-day reverse repo rate... -
Nigeria: Economic growth slows in Q1, but the economy still exceeds pre-pandemic level The pace of growth in Sub-Saharan Africa’s largest economy lost some steam in the opening quarter of this year, but... -
Nigeria: Central Bank surprises markets with hike in May The Monetary Policy Committee of the Central Bank of Nigeria took market analysts by surprise when it hiked the monetary... -
Korea: Consumer confidence records worst reading since August 2021 but remains in positive territory in May Consumer confidence fell to 102.6 in May from April’s 103.8. May’s result marked the weakest sentiment since August 2021. As... -
Turkey: Business confidence falls but remains in positive territory in May Business confidence eased to 109.4 in May from April’s 109.7. However, the index remained above the 100-threshold, indicating that businesses... -
Turkey: Consumer sentiment drops in April Consumer sentiment rose to 67.6 in May from April’s 67.3. However, the index remained entrenched below the neutral 100-threshold that... -
Lithuania: Industrial output records slowest growth since August 2021 in April Industrial output increased 18.4% compared to the same month of the previous year in April, which followed March’s 27.4% increase.... -
Hong Kong: Inflation plunges to lowest level since January in April Consumer prices increased a seasonally-adjusted 0.10% in April over the previous month, coming in below the 0.30% increase seen in...