The current account posted a USD 1.2 billion deficit in May, narrowing from the USD 5.4 billion deficit booked in...
Latest Global Economic News
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Turkey: Current account deficit narrows in May -
Finland: Current account deficit narrows in May The current account posted a EUR 0.1 billion deficit in May, improving from the EUR 3.6 billion deficit recorded in... -
Costa Rica: Economic activity growth deteriorates in May Economic activity expanded 5.2% in year-on-year terms in May, which was a deterioration from April’s 8.8% increase. The notable deceleration... -
Uruguay: Manufacturing production growth ebbs in May Manufacturing production growth cooled to 1.7% year on year in May (April: +6.1% yoy). Looking at the details of the... -
Serbia: Inflation drops to lowest level since July 2021 in June Inflation dropped to 3.8% in June from May’s 4.5%. June’s reading represented the lowest inflation rate since July 2021. The... -
Angola: Inflation rises to highest level in over seven years in June Inflation increased to 31.0% in June from May’s 30.2%. June’s figure marked the highest inflation rate since May 2017. Recently... -
Argentina: Inflation drops to lowest level since January in June Inflation eased to 271.5% in June, following May’s 276.4%, amid lower price pressures for food and transport. June’s figure marked... -
China: Credit growth slows in June In June, Chinese banks distributed CNY 2130 billion in new yuan loans, up from May’s 950 billion figure but slightly... -
Malaysia: Industrial output records slowest growth since December 2023 in May Industrial production increased 2.4% year on year in May (April: +6.1% yoy). May’s outturn marked the worst reading since December... -
Kazakhstan: National Bank of Kazakhstan cuts rates in July At its meeting on 12 July, the National Bank of Kazakhstan (NBK) reduced the base rate by 25 basis points...