Inflation came in at 3.3% in April, down from March’s 3.4%. April’s reading marked the lowest inflation rate since May...
Latest Global Economic News
-
Malaysia: Inflation declines to lowest level since May 2022 in April -
Brazil: Current account swings to deficit in April Brazil’s current account recorded a USD 1.7 billion deficit in April, swinging from the USD 0.1 billion surplus posted in... -
Indonesia: Central Bank stands pat again in May At its monetary policy meeting on 24–25 May, Bank Indonesia (BI) left the seven-day reverse repo rate unchanged at 5.75%... -
France: Business confidence decreases and is neutral in May Business confidence fell to 100.0 in May from April’s 102.2. May’s result marked the weakest sentiment since April 2021. Despite... -
Germany: Consumer confidence expected to rise in June The GfK consumer climate index is forecast to rise further to minus 24.2 in June from minus 25.8 in May.... -
Turkey: TCMB stands pat again in May On 25 May, the Central Bank of the Republic of Turkey (TCMB) kept the one-week repo rate unchanged at 8.50%... -
Mexico: Merchandise exports decrease in April Merchandise exports declined 2.9% year-on-year in April (March: +3.1% year-on-year). This was largely due to an over-30% fall in oil... -
Argentina: Merchandise exports drop at a quicker pace in April Merchandise exports plummeted 29.3% in annual terms in April, following March’s 22.0% plunge. The result marked the sharpest contraction since... -
Poland: Retail sales record lowest growth since February 2021 in April Retail sales expanded 3.4% compared to the same month a year earlier in April, which was a deterioration from March’s... -
Argentina: Economic activity growth improves in March The monthly indicator for economic activity (EMAE) rose 1.3% year on year in March (February: +0.2% yoy). Looking at the...