The KOF Economic Barometer came in at 90.2 in May, down from April’s 96.1. May’s result was the weakest since...
Latest Global Economic News
-
Switzerland: KOF Economic Barometer falls to six-month low in May -
Finland: Economy records best result in more than a year in Q1 Revised data revealed that GDP bounced back at the outset of 2023, increasing 0.4% on a seasonally adjusted quarter-on-quarter basis... -
Kenya: Inflation increases in May Inflation came in at 8.0% in May, up from April’s 7.9% and above market expectations. The result was largely due... -
India: GDP growth gains pace in final quarter of FY 2022 GDP growth gathered pace to 6.1% year on year in January–March, from 4.5% in October–December 2022. The reading means that... -
Latvia: Economic growth moderates in Q1 GDP growth waned to 0.8% year on year in the first quarter from 1.2% in the fourth quarter of last... -
Lithuania: GDP records sharpest contraction since Q2 2020 in the first quarter GDP plunged 2.7% year on year on a seasonally and working-day adjusted basis in the first quarter, worsening from the... -
Japan: Consumer sentiment hits highest reading since January 2022 in May Consumer sentiment came in at 36.0 in May, up from April’s 35.4. May’s result marked the strongest since January 2022.... -
Czech Republic: Economy records sharpest contraction since Q1 2021 in Q1 2023 The economy contracted 0.4% on an annual basis in the first quarter, contrasting the fourth quarter’s 0.3% increase. Q1’s reading... -
Euro Area: Economic sentiment down in May Sentiment in the Eurozone fell to 96.5 in May from 99.0 in April. Consequently, the index remained entrenched below its... -
United States: Tentative debt-ceiling deal reached; congressional passage still not assured At the end of May, President Biden and Republican Speaker of the House Kevin McCarthy reached a deal to raise...