According to a preliminary estimate, GDP fell 0.3% year on year in the first quarter, below the 2.3% expansion logged...
Latest Global Economic News
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Poland: GDP records sharpest contraction since Q4 2020 in Q1 -
Serbia: Industrial output growth dips in April Industrial output grew 0.4% year on year in April (March: +0.9% yoy). Contractions in mining and manufacturing were outweighed by... -
Belarus: Central Bank cuts rates for the second time in a month in May On 31 May, the National Bank of the Republic of Belarus (NBRB) cut the refinancing rate by 25 basis points... -
Thailand: Central Bank hikes rates further in May At its 31 May meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) hiked the policy rate to... -
Slovenia: Harmonized inflation declines to lowest level since April 2022 in May Harmonized inflation dropped to 8.1% in May, following April’s 9.2%. May’s figure marked the lowest inflation rate since April 2022.... -
Portugal: GDP records fastest expansion since Q1 2022 in the first quarter GDP growth gathered steam to 1.6% on a seasonally adjusted quarter-on-quarter basis in the first quarter, from 0.3% in the... -
Guatemala: Banguat keeps the policy rate unchanged in May On 31 May, the Monetary Board of the Central Bank of Guatemala (Banguat) kept the key policy rate unchanged at... -
Estonia: GDP declines at a slower rate in Q1 GDP fell at a more moderate pace of 3.2% year on year in the first quarter, improving from the 4.1%... -
Korea: Industrial output dips in April Industrial output fell 1.2% in month-on-month seasonally-adjusted terms in April, which contrasted March’s 5.3% increase. April’s reading was largely due... -
Switzerland: KOF Economic Barometer falls to six-month low in May The KOF Economic Barometer came in at 90.2 in May, down from April’s 96.1. May’s result was the weakest since...