Inflation dropped to 2.3% in May, from April’s 2.4%. May’s result marked the weakest inflation rate since April 2021. Looking...
Latest Global Economic News
-
Bulgaria: Inflation falls to lowest level since April 2021 in May -
China: Money supply growth slows in May In May, Chinese banks distributed CNY 950 billion in new yuan loans, up from April’s 730 billion figure but below... -
UAE: Dubai inflation moderates in May Dubai inflation came in at 3.8% in May, which was down from April’s 3.9%. Sharp increases in housing and utilities... -
Russia: Economy gains momentum in the first quarter Economy gains momentum in the first quarter A second national accounts release confirmed that the economy gained steam in the... -
Poland: Inflation increases in May Inflation rose to 2.5% in May, up from April’s 2.4%. The rise was primarily driven by quicker growth in prices... -
Ukraine: National Bank of Ukraine lowers rates in June At its meeting on 13 June, the National Bank of Ukraine (NBU) decided to cut the key policy rate from... -
Uruguay: GDP growth loses momentum in Q1 GDP reading: The economy shifted into a lower gear in the first quarter of 2024, as GDP growth slowed to... -
Romania: Industrial output deteriorates in April Industrial output fell 1.3% in month-on-month seasonally adjusted terms in April, which contrasted March’s 4.0% increase. The result came on... -
Taiwan: Central Bank maintains policy rate but hikes reserve requirements in June At its meeting on 13 June, the Central Bank of the Republic of China (Taiwan) decided to keep the discount... -
Indonesia: Merchandise exports fall in March Merchandise exports fell 4.6% over the same month last year in March (February: -10.8% year-on-year). March’s outturn marked the smallest...