Inflation eased to 4.7% in May, cooling slightly from April’s 4.8% and below market expectations. May’s result represented the weakest...
Latest Global Economic News
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India: Inflation hits one-year low in May -
Ukraine: Inflation rises in May Inflation rose to 3.3% in May, following April’s 3.2%. The reading was driven by accelerating price growth for housing and... -
UAE: UAE crude output stays downbeat in May; Brent prices fall Brent crude oil prices averaged USD 83.05 per barrel in May, down 6.7% from April. On 31 May, the commodity... -
Kuwait: Kuwait crude output continues to fall year on year in May Kuwait oil output dipped to 2.42 mbpd (million barrels per day) in May from 2.43 mbpd in April, remaining at... -
Indonesia: Retail sales rebound in May Retail sales expanded 4.7% compared to the same month a year earlier in May, which contrasted April’s 2.7% decrease. The... -
Philippines: Merchandise exports rebound in April Merchandise exports soared 26.4% in annual terms in April (March: -7.3% year-on-year). April’s result marked the strongest result since May... -
Hungary: Inflation comes in at highest level since December 2023 in May Inflation rose to 4.0% in May, from April’s 3.7%. May’s result was the highest inflation rate since December 2023. Prices... -
Brazil: Inflation increases in May for first time in eight months Inflation inched up to 3.9% in May, above April’s 3.7%. The acceleration was roughly in line with market expectations, and... -
Czech Republic: Inflation drops in May Inflation came in at 2.6% in May, which was down from April’s 2.9% but above the midpoint of the Czech... -
Nigeria: Nigerian oil output rise in May Brent crude oil prices averaged USD 83.05 per barrel in May, down 6.7% from April. On 31 May, the commodity...