Merchandise exports sank 21.2% in annual terms in June (May: +0.9% year-on-year). Meanwhile, merchandise imports slid 18.3% over the same...
Latest Global Economic News
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Indonesia: Merchandise exports slide in June -
China: Annual GDP growth accelerates in the second quarter, but underlying momentum slows GDP expanded 6.3% on an annual basis in Q2 (Q1: +4.5% year on year). Q2’s reading marked a two-year high,... -
Singapore: Non-oil domestic exports decline in June Non-oil domestic exports (NODX) sank 15.5% annually in June, on the heels of May’s 14.8% plummet. Both electronics and non-electronics... -
Nigeria: Inflation approaches 18-year high in June Inflation rose to 22.8% in June, above May’s 22.4% and the highest inflation rate since September 2005. The removal of... -
Saudi Arabia: Inflation moderates slightly in June Inflation came in at 2.7% in June, which was down from May’s 2.8%. The weaker reading was largely due to... -
Finland: Harmonized inflation falls to over one-year low in June Harmonized inflation eased to 4.1% in June below May’s 5.0%. June’s reading marked the weakest inflation rate since December 2021.... -
Canada: Bank of Canada hikes rates in July On 12 July, the Bank of Canada (BoC) raised the target for the overnight rate from 4.75% to 5.00%, and... -
Hungary: Decline in industrial activity softens in May According to a second estimate by the Statistical Institute, industrial output dropped 4.2% in year-on-year terms in May, which was... -
Australia: RBA stands pat in July; reiterates further hikes possible ahead At its monetary policy meeting on 4 July, the Reserve Bank of Australia (RBA) left the official cash rate (OCR)... -
Finland: Monthly economic activity growth gains momentum in May Economic activity increased 0.8% month-on-month in seasonally adjusted terms in May (April: +0.1% mom). Looking at the details of the...