Latest reading: Merchandise exports contracted 7.4% annually in May, on the heels of April’s 2.3% increase. The figure marked the...
Latest Global Economic News
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Argentina: Merchandise exports decline in May -
Australia: Unemployment rate unchanged for fifth consecutive month as expected in May Latest reading: The seasonally adjusted unemployment rate was unchanged at 4.1% in May for the fifth month running and in... -
New Zealand: GDP growth records fastest upturn since Q2 2023 in the first quarter GDP reading: GDP growth accelerated to 0.8% on a seasonally adjusted quarter on quarter basis in the first quarter, up... -
Croatia: Harmonized inflation increases in May Latest reading: Harmonized inflation inched up to 4.3% in May, slightly above April’s 4.0%. Looking at the details of the... -
Cyprus: Harmonized inflation falls to lowest level since March 2021 in May Latest reading: Harmonized inflation came in at 0.4% in May, which was down from April’s 1.4%. May’s reading represented the... -
Norway: Norges Bank kickstarts a loosening cycle in June Policymakers deliver a surprise cut: At its meeting on 18 June, Norges Bank kicked off a monetary policy loosening cycle,... -
Russia: War fatigue pushes economic growth to a two-year low in Q1 War fatigue pushes economic growth to a two-year low in Q1 Second release reveals steeper slowdown: Second release reveals steeper... -
Japan: Exports shrink in May Latest reading: Yen-denominated merchandise exports shrank annually for the first time since September in May, declining 1.7%. This contrasted April’s... -
Taiwan: Central Bank leaves rates unchanged in June Latest bank decision: At its meeting on 19 June, Taiwan’s Central Bank decided to keep the discount rate unchanged at... -
South Africa: Inflation remains unchanged, below target as expected in May Latest reading: Inflation was stable at April’s 2.8% in May, in line with market expectations. Inflation thus remained below the...