Harmonized inflation fell to 0.1% in May from April’s 0.3%, marking the lowest reading since June 2016, according to a...
Latest Global Economic News
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Euro Area: Inflation slumps to nearly four-year low in May as energy prices continue to fall -
New Zealand: Consumer confidence bounces back but remains in pessimistic terrain in May The ANZ-Roy Morgan consumer confidence indicator jumped to 97.3 in May from April’s 84.8, as lockdown measures were gradually lifted.... -
Poland: Inflation at six-month low on plunging fuel prices in May Consumer prices fell 0.2% over the previous month in May, following April’s 0.1% dip, according to provisional data released by... -
Italy: Annual prices fall for first time in over three years in May Consumer prices inched down 0.1% month-on-month in May, contrasting April’s 0.1% uptick, according to preliminary data released by the National... -
Japan: Industrial activity drops at sharpest rate since March 2011 in April Industrial output dropped 9.1% month-on-month on a seasonally-adjusted basis in April (March: -3.7% yoy), in part due to a large... -
Switzerland: KOF economic barometer hits historic low in May OF economic barometer—a leading composite indicator for the Swiss economy— fell to 53.2 points in May from a revised 59.7... -
Austria: Consumer confidence ticks up in May but remains deeply pessimistic Consumer confidence rose to minus 14 in May from the over one-decade low of minus 18 in April. The uptick... -
Italy: Revised national accounts show Q1 collapse even worse than first estimated In the first quarter of the year, Italy’s GDP collapsed 5.3% over the previous period in seasonally- and working-day adjusted... -
Poland: Growth weakens to over-six year low in Q1 but economy shows resilience In the first quarter, the economy grew 2.0% year-on-year in unadjusted terms, according to a second estimate released by Poland’s... -
France: Harmonized inflation falls to four-year low in May In May, consumer prices were stable month-on-month, matching April’s result, according to a preliminary release by the Statistical Institute (INSEE)....