Retail sales nosedived 20.6% year-on-year in May (April: -16.9% yoy). May’s result marked the worst reading since November 2008. The...
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Indonesia: Retail sales contract at sharpest pace since November 2008 in May -
Argentina: Consumers remain deeply pessimistic in June The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 39.5 in June from a one-year low of 38.4... -
Russia: Inflation hits highest level since November 2019 Consumer prices increased 0.20% in June over the last month, slowing down from May’s 0.27% increase. June’s result marked the... -
Norway: Economic output returns to growth in May Economic output grew 1.9% over the prior month in May in seasonally-adjusted terms, contrasting the 3.8% contraction in April and... -
Chile: Inflation falls to lowest level since October 2019 in June Consumer prices fell a seasonally-adjusted 0.07% over the previous month in June, a slightly milder decrease than May’s 0.10% drop.... -
Brazil: Retail sales jump at record rate in May Retail sales jumped 13.9% month-on-month in seasonally-adjusted terms in May, rebounding from the 16.3% contraction in April. May’s reading marked... -
Guatemala: Remittances grow in June Remittances totaled USD 963.3 million in June, marking a 9.2% year-on-year increase (May: USD 836.0 million; -14.2% yoy) and the... -
Luxembourg: Harmonized consumer prices fall at a softer pace in June Consumer prices rose a seasonally-adjusted 0.49% over the previous month in June, rebounding from May’s 0.15% drop. June’s reading largely... -
United Kingdom: Additional stimulus package unlikely to alter downbeat economic panorama On 8 July the government unveiled additional fiscal measures worth GBP 30 billion. Chief among these were GBP 1,000 bonuses... -
Hungary: Inflation rises in June Consumer prices increased 0.40% in June over the previous month, matching May’s result. This month’s reading largely reflected higher prices...