Eurozone growth slows in May ’25, services contract
The eurozone economy grew for a fifth straight month in May, but the pace of expansion slowed, as services activity…
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Inflation
OECD warns of global growth slowdown
The OECD forecasts global economic growth to slow to 2.9 per cent in 2025 and 2026, down from 3.3 per cent last…
Malaysia manufacturing rises slightly in May – S&P Global
Malaysia’s manufacturing sector continued to contract in May, though at a slower pace, with the seasonally adjusted…
Venezuela raises taxes, fees to offset 30% oil revenue drop
Venezuela is increasing taxes and public service charges on private businesses to compensate for a predicted 30 per…
S&P Global: UK factory activity contracts for 8th month
UK manufacturing sector remained in contraction in May, though the pace of decline slowed, offering tentative signs…
S&P Global: Türkiye’s manufacturing decline continues in May
Türkiye’s manufacturing sector continued to contract in May, with the Istanbul Chamber of Industry Türkiye…
IMF sees growth cooling in Italy, urges stronger fiscal discipline
Italy’s economy expanded by 0.3 per cent in the first quarter of 2025, after posting 0.7 per cent growth in 2024…
IMF raises Egypt’s growth forecast to 3.8%
The International Monetary Fund (IMF) has raised Egypt’s growth forecast for fiscal year 2024/25 to 3.8 per cent,…
Turkey keeps inflation forecast unchanged at 24%
Turkey’s central bank kept its year-end inflation forecast steady at 24 per cent on Thursday, with Governor Fatih…
Egypt’s PM: IMF mission in Cairo for 5th review
An International Monetary Fund (IMF) mission is currently in Egypt for the fifth review of the country's economic…