Consumer confidence edged up to 85.8 in May, following April’s 77.9, logging the highest reading since June 2019. That said,...
Latest Global Economic News
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Ireland: Consumer confidence rises to a near two-year high in May but remains in pessimistic terrain -
Malaysia: Inflation comes in at highest level since March 2017 in April Consumer prices rose a seasonally-adjusted 0.16% in April over the previous month, coming in below the 0.33% rise recorded in... -
Japan: Consumer prices fall again in April Core consumer prices dropped 0.49% from the previous month in April, contrasting the 0.20% increase seen in March. Core consumer... -
Hong Kong: Inflation rises in April Consumer prices rose a seasonally-adjusted 0.10% from the previous month in April, a smaller increase than the 0.40% increase logged... -
Australia: Unemployment rate drops in April Seasonally-adjusted employment decreased by 30,600 in April, following 77,000 jobs gain in March and surprising markets on the downside. April’s... -
Australia: Business confidence at record high in April The business confidence index produced by National Australia Bank (NAB) jumped to 26.0 points in April from 16.7 points in... -
Australia: Consumer sentiment moderates in May The Westpac-Melbourne Institute consumer sentiment index dropped to 113.1 in May from 118.8 in April, which had marked the strongest... -
Euro Area: Inflation at two-year high in April on surging energy prices Harmonized inflation came in at 1.6% in April, following March’s 1.3% and marking the highest print since April 2019. Inflation... -
Indonesia: Merchandise exports growth skyrockets in April Merchandise exports skyrocketed 51.9% year-on-year in April, following March’s 30.0% surge and supported by surging oil and non-energy exports as... -
Australia: Government delivers stimulatory budget to boost recovery On 11 May, the government unveiled its 2021–2022 budget, amid an ongoing and stronger-than-expected economic recovery from the downturn caused...