GDP growth moderated to 3.8% year on year in the first quarter, from 5.5% in the fourth quarter of last...
Latest Global Economic News
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Saudi Arabia: GDP growth declines in Q1 -
Saudi Arabia: OPEC lowers price and production of its oil in May The OPEC oil basket traded at USD 76.0 per barrel on average in May, down 10.0% from the prior month.... -
Chile: Copper prices fall in May; Congress approves new mining royalty Copper prices dipped in May to USD 8,243 from the prior month’s USD 8,809, and tracked slightly above USD 8,000... -
Peru: Inflation declines in May Inflation came in at 7.9% in May, which was down from April’s 8.0%. Softer increases in prices for restaurants and... -
Netherlands: Harmonized inflation rises in May Harmonized inflation rose to 6.8% in May, above April’s 5.8%. The reading was largely due to a smaller decline in... -
Australia: RBA hikes rates in June; signals further hikes possible ahead At its monetary policy meeting on 6 June, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Taiwan: Inflation falls to over one-year low in May Inflation ticked down to 2.0% in May from April’s 2.3%. May’s reading marked the lowest inflation rate since July 2021.... -
Poland: Central Bank stands pat in June At its 5–6 June meeting, the National Bank of Poland (NBP) left the key reference rate unchanged at 6.75%, as... -
Ecuador: Inflation falls to over one-year low in May Inflation came in at 2.0% in May, which was down from April’s 2.4%. May’s result represented the lowest inflation rate... -
Philippines: Inflation drops to lowest level since June 2022 in May Inflation came in at 6.1% in May, which was down from April’s 6.6%. May’s figure marked the lowest inflation rate...