Money
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12-month rolling deficit amounts to $25.7B in April Turkiye’s current account balance posted a deficit of $2.7 billion in April,…
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Median forecast of economists was for deficit of $120B The US government posted a $66 billion budget deficit in May,…
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08/06/20220
EU economy grows 5.4% in 1st quarter
Swedish, French, Danish economies shrink quarter-on-quarter, says Eurostat The gross domestic product (GDP) in the EU rose 5.4% in the…
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08/06/20220
OECD lowers world GDP forecast to 3% for 2022
Russia-Ukraine war ‘quashed hopes for quick end to rising inflation’ that stems from pandemic-related bottlenecks: OECD The Organization for Economic…
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07/06/20220
ECB to end stimulus in prelude to rate hikes
The European Central Bank (ECB) is set to draw a line under its massive bond-buying stimulus program at a meeting…
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04/06/20220
Eurozone services PMI declines in May
Eurozone composite purchasing managers’ index declines to lowest in 4 months Eurozone services purchasing managers’ index (PMI) fell to 56.1…
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War-driven food price inflation continues to strongly pick up, reaching 11.5% Inflation in the OECD area rose 9.2% year-on-year in…
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Australian, Canadian, Swedish, South Korean currencies make up most of shift, says financial institution Nontraditional reserve currencies account for three-quarters…
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31/05/20220
Turkish economy expands 7.3% year-on-year in Q1
Gross domestic product at current prices increased to $179.8B in January-March period, says TurkStat Turkiye’s economy grew 7.3% year-on-year in…
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30/05/20220
Economic sentiment in EU slightly down in May
Sentiment broadly unchanged in euro area, says European Commission report The economic sentiment indicator (ESI) in the EU fell in…
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