GDP declined 4.0% year on year in the first quarter, below the 4.7% expansion recorded in the fourth quarter of...
Latest Global Economic News
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Hong Kong: GDP records sharpest contraction since Q3 2020 in Q1 2022 -
Romania: Industrial activity deteriorates in March Industrial output declined 1.6% in year-on-year terms in March, which contrasted February’s 0.7% increase. Looking at the details of the... -
Finland: Current account deficit deepens in March The current account recorded a EUR 1.2 billion deficit in March, deteriorating from the EUR 0.3 billion deficit clocked in... -
Finland: Inflation drops in April but remains elevated Consumer prices increased 0.32% in April over the previous month, moderating from March’s 1.45% increase. April’s result marked the lowest... -
China: Credit growth slumps in April; PBOC cuts rates In April, Chinese banks distributed a mere CNY 0.6 trillion (roughly USD 100 billion) in new yuan loans, down from... -
Malaysia: Economic growth records quickest expansion since Q2 2021 in Q1 GDP growth gained steam, coming in at 5.0% year on year in the first quarter, up from 3.6% in the... -
Norway: Economy falls into contraction in Q1 2022 Momentum was set back in the first quarter of 2022, with GDP declining 1.0% on a seasonally-adjusted quarter-on-quarter basis, worsening... -
Germany: Harmonized inflation comes in at highest level since our records began Harmonized consumer prices rose 0.69% in April over the previous month, below the 2.47% rise recorded in March. April’s result... -
Uruguay: Industrial output growth eases in March Industrial output expanded 5.5% compared to the same month a year earlier in March, which followed February’s 11.5% increase. Meanwhile,... -
Hungary: Inflation rises in April Consumer prices rose 1.63% from the previous month in April, picking up from March’s 0.98% increase. April’s result was the...