Industrial output dropped 2.6% year on year in March (February: +0.8% yoy). The result marked the worst reading since February...
Latest Global Economic News
-
Cyprus: Industrial output records largest contraction in two years in March -
Portugal: Consumer confidence rises to over one-year high in May Consumer confidence rose to minus 27.0 in May from April’s minus 30.2. May’s result marked the best reading since February... -
Netherlands: Business confidence falls to over two-year low in May Business confidence fell to 2.1 in May from April’s 3.0. May’s result marked the weakest sentiment since February 2021. As... -
Austria: Consumer confidence decreases in May Consumer confidence was at minus 25.0 in May down from April’s minus 24.0. Thus, the index remained below the 0-threshold... -
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... -
Sweden: GDP rebounds at a stronger-than-previously-reported pace in Q1 A second national accounts release revealed underlying momentum strengthened at a brisker pace than initially reported: The economy bounced back... -
Switzerland: GDP grows at fastest pace since Q2 2022 in Q1 GDP rose 0.3% on a seasonally adjusted quarter-on-quarter basis in the first quarter, above the flat reading seen in the... -
Brazil: Consumer sentiment improves while business sentiment deteriorates; both remain pessimistic The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) rose to 88.2 in May,... -
Argentina: Consumer confidence rises in May The Universidad Torcuato di Tella (UTDT) consumer confidence index rose to 38.3 in May from 37.1 in April. Consequently, the... -
Vietnam: Industrial output falls by double digits in May Industrial production fell 15.9% year on year in May (April: -15.1% yoy). Looking at the details of the release, manufacturing...