Retail sales increased 7.8% year-on-year in May (April: +11.0% yoy). The figure largely reflected weaker growth in fuel and alcoholic...
Latest Global Economic News
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Hong Kong: Retail sales growth continues to ease in May -
Costa Rica: GDP contraction eases further in Q1 GDP slid at a milder pace of 1.6% year-on-year in the first quarter of 2021 (Q4 2020 -2.7% yoy), according... -
Canada: GDP contracts in April; preliminary estimate points to an identical drop in May The economy fell 0.3% month-on-month in April, contrasting March’s 1.3% increase, but noticeably softer than Statistics Canada’s preliminary estimate of... -
Japan: Industrial output contracts at sharpest rate in a year in May Industrial output fell 5.9% month-on-month in seasonally-adjusted terms in May, contrasting the 2.9% growth clocked in April and marking the... -
Japan: Consumer sentiment hits highest reading since February 2020 in June Consumer confidence came in at 37.4 in June, up from May’s 34.1 and marking the best reading since February 2020.... -
Italy: Inflation remains stable in June According to a flash estimate, consumer prices increased 0.10% over the previous month in June, after flatlining in May. Looking... -
Slovenia: Inflation declines to lowest level since March in June Consumer prices increased 0.58% over the previous month in June, coming in below May’s 0.93% rise. June’s result marked the... -
Euro Area: Inflation inches down in June Harmonized inflation came in at 1.9% in June, marginally down from May’s 2.0%, which had marked the highest print since... -
Poland: Inflation recedes in June Consumer prices rose 0.10% in June over the previous month, below the 0.30% rise recorded in May, according to a... -
Denmark: Business confidence stable in June Business confidence among firms in the manufacturing sector was stable in June, with sentiment coming in at May’s 4. As...