Latest reading: Brent crude oil prices averaged USD 103.84 per barrel in May, up 1.0% from April. On 29 May,...
Latest Global Economic News
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Saudi Arabia: Oil output falls in May -
Ukraine: Economy slips into contraction in the first quarter of 2026 Q1 growth weakest in three years: Ukraine’s GDP contracted 0.6% in annual terms in Q1, following a 2.8% expansion in... -
South Africa: Manufacturing production shrinks in April Latest reading: Manufacturing production was down 2.7% in seasonally adjusted month-on-month terms in April, following a 1.2% rise in the... -
Turkey: Central Bank leaves rates unchanged in June TCMB stands pat for third meeting in a row: At its meeting on 11 June, the Central Bank of the... -
UAE: UAE oil output increases further month on month in May Latest reading: Brent crude oil prices averaged USD 103.84 per barrel in May, up 1.0% from April. On 29 May,... -
Costa Rica: Economic activity slows in April Latest reading: Economic activity rose 1.7% in annual terms in April, following a 4.3% increase in the prior month. April’s... -
United Kingdom: GDP falls in April GDP reading: GDP contracted by 0.1% month-on-month in April 2026, in line with expectations, following a 0.3% expansion in March.... -
Argentina: Inflation accelerates in May from the prior month Latest reading: Consumer prices rose 33.2% in annual terms in May, following a 32.4% rise in the prior month. May’s... -
Kuwait: Kuwait crude output remains weak in May Latest reading: Kuwait oil output was just 0.6 mbpd (million barrels per day) in May, matching April’s level and less... -
Nigeria: Nigerian oil production holds steady in May Latest reading: Brent crude oil prices averaged USD 103.84 per barrel in May, up 1.0% from April. On 29 May,...