Inflation eased to 21.5% in May from April’s 24.0%. May’s reading marked the lowest inflation rate since October 2022. The...
Latest Global Economic News
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Hungary: Inflation drops to lowest level since October 2022 in May -
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.... -
United States: Inflation drops to lowest level since March 2021 in May Inflation eased to 4.0% in May from April’s 4.9%. May’s result represented the weakest inflation rate since March 2021. The... -
Colombia: Consumer sentiment improves in May According to a survey elaborated by Fedesarollo, consumer sentiment jumped to minus 22.8 in May from April’s minus 28.8. May’s... -
Peru: Merchandise exports decrease in April Merchandise exports contracted 5.5% annually in April (March: +2.5% year-on-year). Meanwhile, merchandise imports dived 23.7% on an annual basis in... -
Argentina: Industrial output growth dips in April Industrial output increased 1.7% in year-on-year terms in April, which was a deterioration from March’s 3.5% increase. April’s slowdown was... -
Argentina: Consumer confidence rises in May The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 38.3 in May from 37.1 in April. Consequently, the... -
Italy: Industrial activity drops at sharpest pace since September 2022 in April Industrial production dropped 2.0% month-on-month in seasonally-adjusted terms in April (March: -0.6% mom). The result marked the worst reading since... -
Angola: Inflation holds stable in May Inflation held steady at April’s 10.6% in May. Meanwhile, the trend pointed down as annual average inflation dropped to 15.1%...