GDP posted a 0.3% month-on-month decline in seasonally adjusted terms over the prior month in April, offsetting March’s 0.3% increase...
Latest Global Economic News
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Norway: Economy contracts in April -
New Zealand: Consumer confidence virtually unchanged in May The ANZ-Roy Morgan consumer confidence indicator dipped to 79.2 in May from 79.3 in April. Therefore, the index remained entrenched... -
Australia: Consumer sentiment largely unchanged in June The Westpac-Melbourne Institute consumer sentiment index rose to 79.2 in June from 79.0 in May. Consequently, sentiment remained entrenched below... -
Indonesia: Retail sales growth loses pace in May Retail sales rose 0.0% in year-on-year terms in May, which followed April’s 1.5% increase. Looking at the details of the... -
New Zealand: Business sentiment improves in May The ANZ bank business outlook indicator rose in May. As a consequence, a net 31.1% of firms reported that they... -
Colombia: Colombian peso appreciates to strongest level in a year over last month after Petro’s reform agenda frozen The Colombian peso appreciated 7.4% against the USD over the last month, reaching the strongest level since June last year... -
Czech Republic: Inflation declines to lowest level since January 2022 in May Inflation came in at 11.1% in May, which was down from April’s 12.7%. May’s result represented the weakest inflation rate... -
Hungary: Inflation drops to lowest level since October 2022 in May Inflation eased to 21.5% in May from April’s 24.0%. May’s reading marked the lowest inflation rate since October 2022. The... -
Russia: Inflation rises in May Inflation rose to 2.5% in May, above April’s 2.3%. This marked the first increase in over a year and came... -
United Kingdom: Labor market shows strength midway through Q2 According to the ONS, in February–April the unemployment rate registered 3.8%, down 0.1 percentage points from the previous rolling quarter....