Latest reading: Retail sales dropped 0.9% month-on-month in seasonally adjusted terms in May (April: -0.1% mom), a larger fall than...
Latest Global Economic News
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United States: Retail sales contract at sharpest pace since March 2023 in May -
China: Domestic real-sector data is mixed in May Latest reading: Industrial output expanded 5.8% in year-on-year terms in May, below April’s 6.1% reading and undershooting market expectations. Softer... -
Chile: Central Bank of Chile leaves rates unchanged in June Latest bank decision: At its meeting on 17 June, the Central Bank of Chile decided to maintain the monetary policy... -
France: Harmonized inflation declines to lowest level since December 2020 in May Latest reading: Harmonized inflation edged down to 0.6% in May from April’s 0.9%. May’s figure represented the weakest inflation rate... -
Kazakhstan: Industrial output loses momentum in May Latest reading: Industrial output grew 5.8% compared to the same month a year earlier in May, which was a deterioration... -
Ghana: GDP growth improves in Q1 The economy starts the year on a stronger footing: GDP growth rose to 5.3% year on year in the first... -
Singapore: Non-oil domestic exports decline in May Latest reading: Non-oil domestic exports (NODX) declined 3.5% in annual terms in May (April: +12.4% yoy), marking the largest contraction... -
Saudi Arabia: Saudi Arabian oil output in May rises most in nearly four years Latest reading: Brent crude oil prices averaged USD 64.09 per barrel in May, down 4.2% from April. On 30 May,... -
UAE: UAE oil output ticks up further in May Latest reading: Brent crude oil prices averaged USD 64.09 per barrel in May, down 4.2% from April. On 30 May,... -
Nigeria: Inflation falls in May Latest reading: Inflation eased to 23.0% in May from April’s 23.7%. May marked the fifth month after the statistical office...