Business confidence was stable at 41.4 in May. The index thus remained below the 50-point threshold, pointing to downbeat sentiment...
Latest Global Economic News
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Chile: Business confidence remains in pessimistic territory in May -
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.... -
Brazil: Economy records best result since Q4 2020 in Q1 Economic activity expanded 1.9% on a seasonally adjusted quarter-on-quarter basis in the first quarter, contrasting the 0.1% contraction logged in... -
Belgium: GDP records fastest growth since Q2 2022 in Q1 GDP growth gained steam to 0.5% on a seasonally adjusted quarter-on-quarter basis in the first quarter, from 0.1% in the... -
Korea: Merchandise exports continue to slump in May Merchandise exports dived 15.2% over the same month last year in May, following April’s 14.3% decline. Meanwhile, merchandise imports dropped... -
Canada: Economy records best growth reading since Q2 2022 in the first quarter GDP expanded 3.1% in seasonally adjusted annualized rate terms (SAAR) in the first quarter, contrasting the 0.1% contraction seen in... -
Poland: GDP records sharpest contraction since Q4 2020 in Q1 According to a preliminary estimate, GDP fell 0.3% year on year in the first quarter, below the 2.3% expansion logged... -
Serbia: Industrial output growth dips in April Industrial output grew 0.4% year on year in April (March: +0.9% yoy). Contractions in mining and manufacturing were outweighed by... -
Turkey: Economic growth accelerates in the first quarter GDP growth sped up to 4.0% year on year in the first quarter, from 3.5% in the fourth quarter of... -
Guatemala: Banguat keeps the policy rate unchanged in May On 31 May, the Monetary Board of the Central Bank of Guatemala (Banguat) kept the key policy rate unchanged at...