Inflation eased to 271.5% in June, following May’s 276.4%, amid lower price pressures for food and transport. June’s figure marked...
Latest Global Economic News
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Argentina: Inflation drops to lowest level since January in June -
Japan: Industrial output bounces back in May Industrial production grew 3.6% month on month in seasonally adjusted terms in May (April: -0.9% mom). The notable turnaround was... -
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... -
Singapore: GDP growth loses steam in the second quarter According to a preliminary estimate, GDP growth ticked down slightly to 2.9% year on year in the second quarter, from... -
Sweden: CPIF inflation falls to lowest level in over three years in June Consumer prices with a fixed interest rate (CPIF) inflation eased to 1.3% in June from May’s 2.3%. June’s figure marked... -
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... -
Guatemala: GDP growth accelerates in the first quarter GDP reading: The economy started the year on a stronger footing, with GDP expanding 3.3% year on year in the... -
Peru: Central Bank of Peru leaves rates unchanged in July At its meeting on 11 July, the Central Bank of Peru decided to maintain the reference interest rate at 5.75%.... -
Peru: Merchandise exports increase in May Merchandise exports soared 16.8% year-on-year in May, on the heels of April’s 11.6% plunge. The outturn marked the strongest reading...