GDP increased 0.4% in month-on-month seasonally adjusted terms in May, which followed April’s flat reading and was double market expectations....
Latest Global Economic News
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United Kingdom: Economic activity gains steam in May -
Japan: Core machinery orders record largest drop in six months in May Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
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... -
South Africa: Manufacturing activity drops at sharpest pace since October 2022 in May Manufacturing production slid 3.2% month on month in seasonally adjusted terms in May (April: +5.2% s.a. mom). May’s result marked... -
United States: Inflation declines to lowest level since June 2023 in June Inflation edged down to 3.0% in June, following May’s 3.3%. June’s figure marked the lowest inflation rate since June 2023... -
Kuwait: Kuwait crude output continues to fall year on year in June Kuwait oil output was stable from May at 2.43 mbpd (million barrels per day) in June, marking the joint-lowest reading... -
Serbia: Central Bank cuts rates in July At its meeting on 11 July, the National Bank of Serbia (NBS) Executive Board cut its key policy rate by... -
Greece: Industrial activity falls at sharpest rate since November 2023 in May Industrial output fell 3.4% in month-on-month seasonally adjusted terms in May, which contrasted April’s 8.0% increase. May’s outturn marked the... -
Slovakia: Industrial output deteriorates in May Industrial production was flat year on year in May (April: +6.2% yoy). Looking at the details of the release, manufacturing... -
Denmark: Inflation slides in June Inflation fell to 1.8% in June from May’s 2.2%. Looking at the details of the release, prices for transportation rose...