Consumer prices dropped 0.03% over the prior month in May, a smaller fall than April’s 1.54% drop. Looking at the...
Latest Global Economic News
-
Vietnam: Inflation drops to lowest level since October in May -
Hungary: Second reading confirms growth waned to over three-year low in Q1 A second GDP release published by Hungary’s Statistical Office on 29 May confirmed that growth, in annual terms, waned to... -
Romania: NBR cuts rates in unscheduled meeting in May In an unscheduled meeting held on 29 May, the National Bank of Romania (NBR) cut the policy rate by 25... -
Colombia: Exports plunge to record low in April amid global shutdown Exports plummeted 52.3% over the same month last year in April, the worst decline on record as the coronavirus pandemic... -
Colombia: BanRep slashes policy rate to new record low On 29 May, Colombia’s Central Bank (BanRep) decided to cut the benchmark interest rate by 50 basis points to a... -
Argentina: Coronavirus blow to exports sharpens in April Exports nosedived 18.9% in year-on-year terms in April, following March’s marked 15.9% slump. The print was the result of plummeting... -
Netherlands: Business confidence ticks up but remains deeply pessimistic in May Business confidence improved somewhat in May but remained firmly entrenched in pessimistic territory, with the confidence index rising to minus... -
Italy: Lockdown sends business confidence to all-time low in May The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing,... -
Italy: Consumer confidence plunges to over six-year low in May The consumer confidence index released by the National Institute of Statistics (ISTAT) fell to 94.3 in May from March’s 100.1... -
Japan: Bank of Japan ramps up policy response to Covid-19 At its monetary policy meeting ending on 22 May, the Bank of Japan (BoJ) once again dramatically loosened its monetary...