Harmonized inflation fell to 2.9% in May, following April’s 3.8%. Declining prices of transportation, fuels and housing and utilities were...
Latest Global Economic News
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Spain: Harmonized inflation falls in May -
Italy: Harmonized inflation falls to lowest level since May 2022 in May Harmonized inflation came in at 7.9% in May, which was down from April’s 8.6%. May’s figure represented the weakest inflation... -
Japan: Inflation moderates in May Inflation came in at 3.2% in May, which was down from April’s 3.5%. The slowdown was largely due to a... -
United Kingdom: Consumer confidence rises in June Consumer confidence rose to minus 24.0 in June from May’s minus 27.0. June’s result marked the best performance since January... -
Argentina: Economy cools less than expected in the first quarter The economy grew 1.3% year on year in Q1, following the previous quarter’s 1.5% expansion. Q1’s reading came in above... -
Singapore: Inflation falls to lowest level since February 2022 in May Inflation came in at 5.1% in May, which was down from April’s 5.7%. May’s reading marked the weakest inflation rate... -
Denmark: Consumer sentiment continues to steadily improve in June; still remains pessimistic Consumer sentiment improved for an eighth consecutive month in June and rose to minus 10.9, up from the prior month’s... -
Switzerland: SNB raises rates by 25 basis points in June At its meeting on 22 June, the Swiss National Bank (SNB) raised its policy rate from 1.50% to 1.75%. Moreover,... -
United Kingdom: BoE hikes by 50 basis points in June On 22 June, the Bank of England (BoE) increased the bank rate from 4.50% to 5.00%, taking total tightening in... -
Mexico: Banxico leaves policy rate unchanged in June At its meeting on 22 June, the Governing Board of the Bank of Mexico (Banxico) left the overnight interbank interest...