GDP growth slowed to 0.7% year on year in the first quarter of 2023 from 1.2% in the previous quarter,...
Latest Global Economic News
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Latvia: GDP growth slows in the first quarter of 2023 -
Mexico: Merchandise exports rebound in March Merchandise exports rose 3.2% year-on-year in March (February: -2.8% year-on-year). While oil exports fell sharply due to lower oil prices... -
Ireland: GDP records sharpest contraction since Q4 2020 in the first quarter According to a preliminary estimate, GDP dropped 2.7% on a seasonally adjusted quarter-on-quarter basis in the first quarter, contrasting the... -
Belgium: GDP growth accelerates in Q1 2023 According to a preliminary reading, GDP growth increased to 0.4% on a seasonally adjusted quarter-on-quarter basis in the first quarter... -
Korea: Manufacturing firms’ month-ahead sentiment rises to six-month high but remains pessimistic in May Business sentiment among manufacturing firms rose to 72.0 in May from April’s 69.0. May’s result marked the best reading since... -
Ukraine: NBU stands pat again in April At its meeting on 27 April, the National Bank of Ukraine (NBU) maintained its key policy rate unchanged at 25.00%.... -
France: Consumer confidence increases in April, remains below long-term average Consumer confidence came in at 83.0 in April, up from March’s 82.0. As a result, the index improved but remained... -
Sweden: Riksbank delivers another 50 basis point increase in April and nears the end of the tightening cycle At its 25 April meeting, the Riksbank delivered another 50 basis point increase and brought the policy rate to 3.50%—the... -
Russia: Industrial output posts quickest growth since March 2022 in March Industrial output grew 1.2% year on year in March (February: -1.7% yoy). March’s print marked the best reading since March... -
Australia: Inflation moderates in Q1 Annual inflation came in at 7.0% in Q1, down from Q4’s 7.8%, which had marked the highest reading since Q2...