Inflation rose to 2.6% in June, up from May’s 2.5%. Looking at the details of the release, prices for food...
Latest Global Economic News
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Poland: Inflation increases in June -
Romania: Industrial output contracts at sharpest rate in three years in May Industrial output collapsed 6.2% month on month in calendar and seasonally adjusted terms in May (April: -1.8% mom c.a. s.a).... -
China: Merchandise exports gain steam in June Merchandise exports rose 8.6% year-on-year in June (May: +7.6% year-on-year). June’s result marked the fastest expansion since March 2023, and... -
Hungary: Industrial output falls at sharpest rate since December 2023 in May According to a second estimate by the Statistical Institute, industrial output nosedived 5.4% in year-on-year terms in May, which was... -
Turkey: Current account deficit narrows in May The current account posted a USD 1.2 billion deficit in May, narrowing from the USD 5.4 billion deficit booked in... -
India: Inflation increases in June Inflation edged up to 5.1% in June, above May’s 4.8% and a four-month high. The print exceeded market expectations and... -
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...