Industrial output grew 21.4% in month-on-month seasonally adjusted terms in April, which contrasted March’s 27.0% decrease. April’s print marked the...
Latest Global Economic News
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Ireland: Industrial output records quickest growth since August 2022 in April -
Saudi Arabia: OPEC lowers price and production of its oil in May The OPEC oil basket traded at USD 76.0 per barrel on average in May, down 10.0% from the prior month.... -
Italy: GDP expands faster than previously reported in Q1 The economy rebounded in the first quarter, with GDP increasing 0.6% quarter on quarter, coming in above a preliminary estimate... -
Chile: Copper prices fall in May; Congress approves new mining royalty Copper prices dipped in May to USD 8,243 from the prior month’s USD 8,809, and tracked slightly above USD 8,000... -
Peru: Inflation declines in May Inflation came in at 7.9% in May, which was down from April’s 8.0%. Softer increases in prices for restaurants and... -
Slovakia: GDP growth records slowest increase since Q4 2020 in the first quarter According to a second release, GDP growth edged down to 1.0% year on year in the first quarter (flash reading:... -
Australia: RBA hikes rates in June; signals further hikes possible ahead At its monetary policy meeting on 6 June, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Poland: Central Bank stands pat in June At its 5–6 June meeting, the National Bank of Poland (NBP) left the key reference rate unchanged at 6.75%, as... -
Ecuador: Inflation falls to over one-year low in May Inflation came in at 2.0% in May, which was down from April’s 2.4%. May’s result represented the lowest inflation rate... -
Philippines: Inflation drops to lowest level since June 2022 in May Inflation came in at 6.1% in May, which was down from April’s 6.6%. May’s figure marked the lowest inflation rate...