Industrial output plunged 10.0% in May compared to the same month a year earlier, following April’s 11.7% decrease which had...
Latest Global Economic News
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Lithuania: Industrial activity drops again in May -
Taiwan: Industrial output growth moderates in May Industrial output rose 1.5% year-on-year in May (April: +4.2% yoy). May’s notable slowdown was largely due to a deterioration in... -
Dominican Republic: Inflation moves further below target in May Consumer prices fell 0.11% over the prior month in May, coming after April’s 0.82% decrease. May’s reading was driven by... -
Hungary: MNB cuts base rate to new record low in June On 23 June, the Monetary Council of the Hungarian National Bank (MNB) cut the base rate by 15 basis points... -
Singapore: Consumer prices post biggest drop since 2016 in May Consumer prices increased 0.47% in May over the last month, swinging from April’s 0.92% drop. May’s result was the sharpest... -
Turkey: Consumer confidence hits highest reading in over a year in June Consumer confidence rose to 62.6 in June from May’s 59.5. June’s result marked the best performance since April 2019. As... -
Uruguay: Economy contracts at sharpest rate in over 16 years in Q1 amid adverse external backdrop The economy slumped 1.4% year-on-year in the first quarter of 2020, after expanding 0.2% in the fourth quarter of last... -
South Africa: Rand regains further lost ground in June The South African rand (ZAR) continued to recover ground lost against the U.S. dollar over the past month amid improving... -
Poland: Retail sales contract at much softer pace in May Retail sales contracted 8.6% year-on-year in May, following April’s 22.6% collapse, which had marked the steepest fall on record. Looking... -
Netherlands: Consumer confidence inches up in June but remains depressed Consumer confidence rose to minus 27 in June from May’s minus 31. As such, the index remained firmly below the...