What parts of the world have seen the worst economic performance lately? Here is a ranking of countries with the weakest GDP performance over the past 3 months:
Singapore's non-oil domestic export growth quickened sharply in May. Non-oil domestic exports grew 38.4 percent year-over-year in April, faster than the 24.4 percent rise in the previous month. Exports of electronic products grew 94.8 percent in May from last year, driven by robust AI-related demand.
UK consumer price inflation remained stable in May, the Office for National Statistics said Wednesday. Consumer prices registered an annual increase of 2.8 percent, the same rate as seen in April. Prices were expected to climb 3.0 percent. Meanwhile, core inflation rose to 2.6 percent from 2.5...
Consumer and producer prices data from the UK is top economic news due on Wednesday. At 2.00 am ET, the Office for National Statistics releases UK consumer and producer prices for May. Inflation is expected to rise to 3.0 percent from 2.8 percent in April. Output price inflation is seen unchanged at 4.0 percent in May.
Australia's leading index signalled sluggish and below-trend growth in May, Westpac said Wednesday. The six-month annualized growth rate in the Westpac-Melbourne Institute Leading Index, which indicates the likely pace of economic activity relative to trend three to nine months into the future, rose...