Peru
Consumer prices in Peru saw a marginal rise of 0.32% MoM in May. The annual inflation rate declined for the fourth consecutive month to 7.89%,
May 11, 2023
Consumer prices in Peru saw a marginal rise of 0.32% MoM in May. The annual inflation rate declined for the fourth consecutive month to 7.89%,
Brazil economy grew by 1.9% in the first quarter of 2023, rebounding from a 0.1% contraction in the previous quarter. The growth, which exceeded expectations,
The World Bank’s IDA has approved a USD 300 mln loan to Tanzania. This funding is projected to aid around 300,000 Tanzanian farmers in adopting
Following a USD 3 bln deal with the IMF, Ghana currency is expected to rally globally, restoring investor confidence. This deal, including an immediate disbursement
Cameroon economy registered a 3.9% growth YoY in Q4 in 2022, contributing to an overall 4.0% growth in 2022. Separately, The IMF’s executive board approved
European allies are pressing Serbia and Kosovo to mitigate escalating tensions, insisting on the conduct of new local elections in the conflict-intensified north. Serbia would
Moldovan president Maia Sandu expects the country to join the EU by 2030 despite alleged Russian destabilization attempts. The president highlights economic reforms and corruption
Kazakhstan manufacturing PMI increased to 52.3 in May, a ten-month high. The rise points to a continued growth in output and new orders. Manufacturers increased
Ukrainian president Zelensky met German chancellor Olaf Scholz and French president Emmanuel Macron in Chisinau, where differing opinions on Ukraine’s prospective NATO membership surfaced. France
The S&P Global Russia Manufacturing PMI rose to 53.5 in May from 52.6 in April, indicating the highest level in three months. This figure represents
Vietnam manufacturing PMI fell to 45.3 in May, contracting for the third straight month in May, primarily due to weak demand, marking the most significant
Pakistan inflation rate rose to 38% YoY in May 2023, the highest recorded since 1957, primarily due to escalating food inflation. Core inflation increased to
Myanmar shadow National Unity Government established an interim central bank to regulate the banking sector and protect FX reserves, according to Acting President Duwa Lashi
BRICS, the group comprising Brazil, Russia, India, China, and South Africa, is striving to expand its global influence to rival the US. Anticipating a shifting
Bangladesh presented its annual budget, proposing tax hikes and spending increases, with a keen eye on the forthcoming elections. The fiscal plan aims to strike