The OPEC oil basket traded at USD 105.8 per barrel on average in April, down 6.8% from the prior month....
Latest Global Economic News
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Saudi Arabia: Oil prices decline in April, but remain at near-decade highs nonetheless -
Italy: Inflation decreases in April Consumer prices increased 0.18% over the previous month in April, slowing down from March’s 1.01% increase. April’s result marked the... -
France: GDP growth flatlines in Q1 According to a preliminary estimate, economic growth flatlined on a seasonally-adjusted quarter-on-quarter basis in the first quarter, moderating from the... -
Russia: Central Bank cuts rate by further 300 basis points to 14.00% at the end of April At its monetary policy meeting on 29 April, the Central Bank of the Russian Federation (CBR) slashed its key interest... -
Serbia: Industrial output declines in rebounds in March Industrial output jumped 7.7% year on year in March, swinging from February’s 0.7% contraction. The reading came on the back... -
Colombia: BanRep continues to tighten conditions in April At its 29 April meeting, the Board of Directors of Colombia’s Central Bank (BanRep) voted to increase the benchmark interest... -
Brazil: Current account deficit narrows in February Brazil’s current account recorded a USD 2.4 billion deficit in February, improving from the USD 4.0 billion shortfall logged in... -
Mexico: Economic activity records best result since Q2 2021 in Q1 According to a preliminary estimate, GDP rose 0.9% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, above the flat... -
Vietnam: Inflation comes in at highest level since August 2021 in April Consumer prices increased 0.18% in April over the previous month, which was below March’s 0.70% rise. April’s result marked the... -
Dominican Republic: Central Bank pauses tightening cycle in April At its 29 April meeting, the Central Bank of the Dominican Republic (BCRD) decided to leave its policy rate at...