Economic activity declined 0.9% year on year in April (March: +0.5% yoy). April’s figure marked the worst reading since February...
Latest Global Economic News
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Ecuador: Economic activity records lowest expansion since February 2021 in March -
China: Retail sales grow at fastest pace since March 2021 in April, but undershoot expectations Retail sales increased 18.4% compared to the same month of the previous year in April, which was above March’s 10.6%... -
Colombia: Fiscal rule and central bank independence likely to remain following reshuffle; Colombian assets and governability to take... President Petro announced the end of his congressional alliance on 25 April after three of its centrist member parties refused... -
United Kingdom: Labor market loses steam at outset of Q2 According to the ONS, in Q1 the unemployment rate registered 3.9%, up 0.1 percentage points from the previous rolling quarter.... -
United States: Retail sales bounce back in April Retail sales expanded 0.4% in month-on-month seasonally-adjusted terms in April, which contrasted March’s 0.7% decrease. Moreover, core retail sales rose... -
Finland: Monthly economic activity posts quickest growth since April 2022 in March Economic activity rose 1.0% month on month in seasonally adjusted terms in March (February: -0.8% mom). March’s figure marked the... -
Angola: Cabinda prices increase in April The average price for Cabinda oil rose to USD 85.7 per barrel (pb) in April from March’s 79.5 pb. This... -
Russia: Inflation drops to lowest level since February 2020 in April Inflation came in at 2.3% in April, down from March’s 3.5%. April’s reading marked the weakest inflation rate since February... -
Uruguay: Central Bank stands pat in May On 16 May, the Monetary Policy Committee of the Central Bank of Uruguay (BCU) decided to keep the policy rate... -
Cyprus: GDP grows at softest pace since Q1 2021 in Q1 According to a preliminary reading, GDP growth waned to 3.4% year on year in the first quarter, from 4.6% in...