Merchandise exports contracted 7.6% annually in April, following March’s 4.2% drop. Meanwhile, merchandise imports fell 7.3% in annual terms in...
Latest Global Economic News
-
Thailand: Merchandise exports fall at a quicker rate in April -
Thailand: Manufacturing production records largest contracts in six months in April Manufacturing output fell 3.3% month-on-month in seasonally-adjusted terms in April (March: -0.9% mom). On an annual basis, manufacturing production plunged... -
Spain: Retail sales growth loses pace in April Retail sales grew 5.0% year on year in April (March: +9.9% yoy). The figure was primarily driven by weaker large... -
Hungary: GDP records sharpest contraction since Q1 2021 in Q1 GDP contracted 0.9% year on year in the first quarter, below the 0.4% expansion seen in the fourth quarter of... -
Euro Area: Unemployment rate dips in April The seasonally adjusted unemployment rate fell to 6.5% in April from 6.6% in March. Nine economies saw their unemployment rates... -
Kazakhstan: Inflation declines in May Inflation cooled to 15.9% in April, below April’s 16.8%, marking the third month of consecutive decline. Looking at the details... -
Greece: Unemployment rate ticks up in April April’s data pointed to a deterioration in the labor market. The number of employed people decreased by 36,984 compared with... -
Hong Kong: Retail sales growth eases in April but remains in double digits Retail sales increased 13.3% year on year in April (March: +39.1% yoy). The slowdown was partly the result of a... -
Chile: Business confidence remains in pessimistic territory in May Business confidence was stable at 41.4 in May. The index thus remained below the 50-point threshold, pointing to downbeat sentiment... -
Turkey: Erdogan’s victory pushes lira to an all-time low On 1 June, the TRY traded at an all-time low of 20.8 per USD, which marked a 6.3% month-on-month depreciation....