Inflation fell to 6.6% in April below March’s 7.6%. April’s reading represented the weakest inflation rate since August 2022. Looking...
Latest Global Economic News
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Philippines: Inflation declines to lowest level since August 2022 in April -
Uruguay: Inflation increases in April Inflation inched up to 7.6% in April from March’s 7.3%. Looking at the details of the release, prices for food... -
Indonesia: Inflation declines to lowest level since May 2022 in April Inflation came in at 4.3% in April, which was down from March’s 5.0%. April’s reading marked the lowest inflation rate... -
Poland: Business sentiment rises in April Business confidence rose to minus 10.8 in April from March’s minus 12.9. However, the index remained entrenched below the 0-threshold,... -
Australia: Retail sales growth picks up pace in March Retail sales grew 0.4% month-on-month in seasonally-adjusted terms in March (February: +0.2% mom). The pickup was due to stronger food... -
Spain: Current account surplus narrows in February The current account posted a EUR 2.3 billion surplus in February, deteriorating from the EUR 3.3 billion surplus posted in... -
Spain: Retail sales expand at quickest pace since May 2021 in March Retail sales increased 9.7% in year-on-year terms in March, which was above February’s 3.6% increase. The print marked the best... -
Hong Kong: Retail sales record best result on record in March Retail sales grew 39.4% year on year in March (February: +29.6% yoy). March’s figure marked the best reading on record,... -
Mexico: Consumer confidence deteriorates in April Consumer confidence came in at 44.1 in April, down from March’s 44.4. As such, the index remained entrenched below the... -
Euro Area: ECB hikes rates by 25 basis points in May; rate hike cycle likely nears its peak At its 4 May meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility...