GDP growth gathered pace to 6.1% year on year in January–March, from 4.5% in October–December 2022. The reading means that...
Latest Global Economic News
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India: GDP growth gains pace in final quarter of FY 2022 -
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.... -
Sweden: Economic sentiment improves in May The economic tendency indicator (ETI) resumed its upward trend in May; it rose to 89.4, up from April’s 87.3, marking... -
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... -
Cyprus: Industrial output records largest contraction in two years in March Industrial output dropped 2.6% year on year in March (February: +0.8% yoy). The result marked the worst 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...