Corruption has overtaken the war with Russia as the greatest perceived threat to Ukraine’s future, according to a new poll from Kyiv International Institute of Sociology (KIIS) released on May 6 that highlights mounting public frustration.
Cost inflation close to January’s inflation-related peak.
Growth downgrade reflects impact of elevated global geopolitical tensions on trade and supply chains, even as commodity export revenues benefit from higher prices.
Compares with 10.1% posted a year ago.
Inflation is now expected to be significantly higher than previously estimated.
Inflation has been steadily accelerating amid the US and Israeli attacks on Iran and global uncertainties.
China’s purchasing managers’ indices for April indicate that the supply shock stemming from the Iran war pushed price pressures higher, while manufacturing output continued to accelerate.
Solar and wind energy have grown quickly in recent years, but global electricity demand has grown faster. So while their share of electricity generation kept rising, it wasn't enough to push fossil fuels into absolute decline.
Russia's service sector contracted for a second consecutive month in April as weak demand, falling new orders and deteriorating client finances weighed on business activity, while the manufacturing sector extended its downturn to an eleventh month.
Prime minister-designate says the projected deficit would significantly overshoot both the government’s original 3.9% target and its later revised 5% forecast.
MOEX reported a total trading volume of $2.1 trillion in April.
Serbia's central bank continued to diversify reserves amid geopolitical uncertainty, according to data from the World Gold Council.
New orders rise for first time in four months.