The KOF Economic Barometer fell to 90.8 in June from May’s 91.4. June’s result marked the weakest sentiment since November...
Latest Global Economic News
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Switzerland: KOF Economic Barometer eases in June -
Canada: Economy flatlines in April; flash estimate points to rebound in May GDP was flat in month-on-month seasonally-adjusted terms in April, which was a deterioration from March’s 0.1% increase and below the... -
Angola: GDP growth records slowest increase in two years during Q1 GDP growth slowed markedly to 0.3% year on year in the first quarter, from 2.6% in Q4 2022. Q1’s reading... -
Kenya: Inflation falls to over one-year low in June Inflation edged down to 7.9% in June, following May’s 8.0%. June’s figure represented the weakest inflation rate since May 2022,... -
Colombia: BanRep halts rate hikes for first time in 15 meetings in June At its 30 June meeting, the board of directors of Colombia’s Central Bank (BanRep) unanimously decided to leave its benchmark... -
Korea: Industrial output improves in May Industrial output expanded 3.2% in month-on-month seasonally-adjusted terms in May, which contrasted April’s 0.6% decrease. The reading reflected a broad-based... -
Netherlands: Business confidence falls to over two-year low in June Business confidence came in at 1.0 in June, down from May’s 2.1. June’s result marked the weakest reading since February... -
Cyprus: Industrial output rebounds in April Industrial output increased 0.2% in year-on-year terms in April, which contrasted March’s 1.8% decrease. The rebound was driven by a... -
Dominican Republic: Central Bank delivers smaller rate cut at June meeting At its meeting on 29 June, the Central Bank of the Dominican Republic (BCRD) slowed the pace of its loosening... -
Sweden: Riksbank slows tightening pace; delivers 25 basis point hike at June meeting At its 28 June meeting, the Riksbank slowed the pace of its tightening cycle and delivered a 25 basis point...