Latest reading: The UBS/procure.ch Manufacturing Purchasing Managers’ Index (PMI) came in at 42.1 in May, down from April’s 45.8. May’s...
Latest Global Economic News
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Switzerland: Manufacturing PMI drops to over one-year low in May; services PMI rises -
Portugal: Industrial output recovers tepidly in April Latest reading: Industrial output rebounded by 1.2% month on month in seasonally adjusted terms in April, contrasting March’s 3.9% contraction.... -
Korea: Merchandise exports decline in May Latest reading: Merchandise exports decreased 1.3% on an annual basis in May (April: +3.5% yoy), marking the first decline in... -
Singapore: Manufacturing PMI rises in May Latest reading: The Singapore Institute of Purchasing and Materials Management (SIPMM) Manufacturing PMI rose to 49.7 in May from 49.6... -
Kenya: Inflation eases further below midpoint of the target range in May Latest reading: Inflation eased to 3.8% in May from April’s eight-month high of 4.1%. As a result, the reading remained... -
Spain: Current account surplus moderates in March Latest reading: The current account recorded a EUR 1.4 billion surplus in March, deteriorating from the EUR 2.3 billion surplus... -
Philippines: Merchandise exports rise at a softer pace in April Latest reading: Merchandise exports rose 7.0% on an annual basis in April, following March’s 8.7% increase. Meanwhile, merchandise imports fell... -
Dominican Republic: Central Bank remains on stand-by in May Interest rates remain on hold: On 30 May, the Central Bank of the Dominican Republic (BCRD) decided to maintain its... -
Serbia: Industrial output growth gains steam in May Latest reading: Industrial production expanded 4.4% year on year in May (April: +2.3% yoy). The improvement was driven by stronger... -
Portugal: Economy swings into contraction in Q1 Second release confirms Portugal among the Euro area’s worst performers: A second national accounts release confirmed that the economy started...