Inflation rose to 4.0% in May, from April’s 3.7%. May’s result was the highest inflation rate since December 2023. Prices...
Latest Global Economic News
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Hungary: Inflation comes in at highest level since December 2023 in May -
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... -
Saudi Arabia: Saudi crude output still weak 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... -
Bulgaria: Industrial output expands at fastest pace since September 2022 in April Industrial output rose 6.5% year on year in April, which contrasted March’s 10.8% decrease. April’s print marked the best reading... -
Turkey: Current account deficit widens in April The current account posted a USD 5.3 billion deficit in April, deteriorating from the USD 4.4 billion deficit booked in... -
Sweden: Industrial activity drops at sharpest pace since June 2023 in April Industrial output—excluding energy—declined 2.2% in month-on-month seasonally adjusted terms in April, which contrasted March’s 1.0% increase. The result marked the... -
Denmark: Inflation comes in at highest level since August 2023 in May Inflation came in at 2.2% in May, which was up from April’s 0.8%. May’s figure was the highest inflation rate... -
Italy: Industrial output drops again in April Industrial output slid 1.0% month on month in seasonally adjusted terms in April (March: -0.5% mom). April’s figure was largely...