Brazil's manufacturing sector swung back into expansion in April, with the purchasing managers' index (PMI) climbing to a 14-month peak of 52.6 points from 49.0 in March.
Russia has resumed rebuilding its National Wellbeing Fund for the first time in almost a year, as higher oil prices driven by tensions in the Middle East bolster the Kremlin’s export revenues and fiscal position.
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.
Ukraine is now a country of elderly people, with the lowest life expectancy in Europe, with many regions experiencing a rate of over four deaths for each birth annually and worse.
Under most severe scenario only one bank, Halkbank, would breach legal reserve requirement criteria, exercise shows.
Amid the ongoing conflict in the Middle East and supply chain disruptions caused by the near-total closure of the Strait of Hormuz, concerns over global food security have intensified, Statista reports.
One way to measure income inequality is to look at the share of all income that goes to the top income earners. The chart plots this for all seven South American countries with comparable 2022 pre-tax income estimates.
Russia’s labour market is not just tight — it has entered what central bank governor Elvira Nabiullina has repeatedly described as an unprecedented structural shortage, driven directly by the war economy.