The current account recorded a EUR 0.2 billion deficit in May, improving from the EUR 1.0 billion deficit clocked in...
Latest Global Economic News
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Finland: Current account deficit falls in May -
Korea: BOK holds fire for fourth consecutive meeting in July At its meeting on 13 July, the Bank of Korea (BOK) kept the base rate unchanged at 3.50% for the... -
China: Merchandise exports slide in June Merchandise exports sank 12.4% year-on-year in June (May: -7.5% year-on-year), worse than markets were expecting. Slowing external demand and trade... -
Peru: Central Bank stands pat in July; hikes possible ahead At its 13 July meeting, the Central Bank of Peru kept its key policy interest rate unchanged at 7.75% for... -
Angola: Angola oil output and Brent prices fall in June Brent prices averaged USD 75.0 per barrel in June, down 1.0% from May’s price and 36.3% lower year on year.... -
Serbia: Central Bank delivers second consecutive hike in July At its 13 July meeting, the National Bank of Serbia (NBS) decided to hike the key policy rate to 6.50%... -
Malaysia: Industrial output rebounds in May Industrial output increased 4.7% compared to the same month of the previous year in May, which contrasted April’s 3.3% decrease.... -
Japan: Core machinery orders record largest decline in over one year in May Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Colombia: Consumer sentiment hits highest reading since September 2022 in June According to a survey elaborated by Fedesarrollo, consumer sentiment came in at minus 14.1 in June, up notably from May’s... -
India: Industrial output growth rises in May Industrial production expanded 5.2% year on year in May (April: +4.5% yoy). The reading reflected a broad-based upturn, with activity...