Economic activity expanded 3.5% compared to the same month of the previous year in April, which was above March’s 0.5%...
Latest Global Economic News
-
Chile: Economic activity expands year on year in April, but shrinks month on month -
Australia: Retail sales rebound in April Retail sales bounced back in April, expanding 0.1% month-on-month in seasonally adjusted terms (March: -0.4% mom). Looking at the details... -
Hong Kong: Retail sales contracts at sharpest pace since March 2022 in April Retail sales plunged 16.5% compared to the same month a year earlier in April, which followed March’s 8.7% decrease. The... -
Vietnam: Inflation holds stable in May Inflation was stable at April’s 4.4% in May. The figure marked the joint-highest inflation rate since January 2023. Looking at... -
Korea: Inflation declines to lowest level since July 2023 in May Inflation came in at 2.7% in May, down from April’s 2.9% and slightly below market expectations. May’s reading marked the... -
Turkey: Economic growth records quickest upturn in three quarters in Q1 GDP growth accelerated to 2.4% on a seasonally adjusted quarter-on-quarter basis in the first quarter from 1.0% in the fourth... -
Dominican Republic: Central Bank of the Dominican Republic leaves rates unchanged in May At its meeting on 31 May, the Central Bank of the Dominican Republic (BCRD) decided to maintain its monetary policy... -
India: GDP growth records slowest increase in a year in January–March GDP reading: GDP growth waned to 7.8% year on year in January–March (October–December FY 2023) from 8.6% in October–December. January–March’s... -
Switzerland: Economic growth records best result since Q2 2022 in Q1 GDP growth improved somewhat to 0.5% on a seasonally adjusted quarter-on-quarter basis in the first quarter, from 0.3% in the... -
Spain: Current account improves in March The current account posted a EUR 3.3 billion surplus in March, improving from the EUR 1.9 billion surplus posted in...