The KOF Economic Barometer came in at 96.4 in April, down from March’s 99.2. As a result, the index remained...
Latest Global Economic News
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Switzerland: KOF Economic Barometer deteriorates in April -
Kenya: Inflation drops to lowest level since May 2022 in April Inflation came in at 7.9% in April, which was down from March’s 9.2%. April’s figure represented the weakest inflation rate... -
Canada: Economic activity growth slows in February, but strong outturn expected for Q1 as a whole GDP expanded 0.1% in month-on-month seasonally-adjusted terms in February, which was a deterioration from January’s 0.6% increase and undershot the... -
Serbia: Industrial output growth eases in March Industrial output increased 0.9% compared to the same month a year earlier in March, below February’s 1.9% increase. In March,... -
Spain: Unemployment rate rises in first quarter of the year The jobless rate rose to 13.3% in Q1 from 12.9% in Q4 2022. The figure was marred by an increase... -
Cyprus: Industrial output gains steam in February Industrial production rose 0.6% year on year in February (January: -0.6% yoy). Looking at the details of the release, electricity... -
Portugal: Consumer confidence picks up but remains pessimistic in April Consumer confidence came in at minus 30.2 in April, up from March’s minus 32.3. April’s result marked the best reading... -
Sweden: Economic growth surprises markets on the upside in Q1 The Swedish economy avoided a technical recession at the outset of 2023. GDP returned to growth and expanded a timid... -
Turkey: TCMB stands pat in April On 27 April, the Central Bank of the Republic of Turkey (TCMB) kept the one-week repo rate unchanged at 8.50%... -
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...