Turkey’s trade deficit narrowed to USD 5.6 billion in May 2026 from USD 6.6 billion in the same month a year earlier.It was the smallest trade gap since August 2025, as exports declined less than imports.Exports fell 9.5% year-on-year to USD 22.5 billion, with shipments decreasing across agricultur…
Producer prices in Austria rose 2.8% year-on-year in May 2026, following an upwardly revised 2.0% increase in the previous month and marking the highest level since April 2023.The main upward pressure came from higher prices for intermediate goods (5.6% vs 4.0% in April), energy (2.7% vs 2.0%), and…
Georgia’s economy expanded by 6.4% year-on-year in May 2026, slightly accelerating from a 6.2% growth in the previous month.Economic activity remained supported by strong performance across several key sectors, with financial and insurance activities, information and communication, manufacturing, a…
By Ed FranklThe European Central Bank's decision to raise its key interest rate this month was based on the bank's projections rather than a pre-emptive act to manage risks of inflation rising uncontrollably, President Christine Lagarde said Monday."Some have characterized our rate increase earlier…
Staff WriterABU DHABI - The Comprehensive Economic Partnership Agreement (CEPA) between the United Arab Emirates and Ukraine officially entered into force on 1st July, signifying a significant advancement in the two nations’ economic ties.The agreement aims to create new opportunities for trade, in…
French inflation slowed in June for the first time this year, pulling back from a more than two-year high as energy prices ebbed, preliminary data from statistics agency INSEE showed on Tuesday.
The U.K. economy grew by 0.6% in the first quarter of 2026, data confirmed Tuesday, indicating solid momentum at the start of the year, Quilter Cheviot's Jonathan Raymond says in a note. However, GDP growth could be set to slow due to geopolitical tensions in the Middle East, as well as domestic po…
Switzerland's KOF Economic Barometer climbed to 101.2 in June 2026 from an upwardly revised 98.6 in May, reaching its highest level in four months and well above the market consensus of 98.2.After several months below its medium-term average, the index has now moved slightly back above it.The readi…
By Leika KiharaPolitical pressure on the Bank of Japan to slow its interest rate hikes is growing amid a push by Sanae Takaichi's government to restore dovish policymakers to the bank, a shake-up that could change its long-term policy direction.While recent calls by Prime Minister Takaichi and her…
Thailand recorded a current account (THCURA=ECI) deficit of $6.4 billion in May, the central bank said on Tuesday.The economy was steady in May from the previous month but is seen slowing, the Bank of Thailand said in a statement.
Hungary’s trade balance posted a surplus of EUR 502 million in May 2026, widening from EUR 342 million in the corresponding month of the previous year, as exports rose more than imports.Exports grew by 7.4% year-on-year to EUR 13,228 million, driven largely by higher sales of raw materials and mach…
Staff WriterABU DHABI - TA’ZIZ today announced the launch of a joint feasibility study with Covestro and XRG to assess the development of a world-scale methylene diphenyl diisocyanate (MDI) plant at the TA’ZIZ Industrial Chemicals Zone in Ruwais Industrial City, Abu Dhabi.With a potential productio…
AmSpec: Malaysia June 1-30 Palm Oil Exports Up 11.92% on Month
DP WORLD LTD [RIC:RIC:DPWRD.UL]:
The yield on India’s 10-year G-Sec fell to around 6.71%, extending declines to a fifteen-week low as improved domestic liquidity and easing short-term funding costs boosted demand for government bonds.Recent Reserve Bank of India measures to attract foreign currency inflows are expected to inject b…
Copyright RTT News/dpa-AFX
Ukraine will revise maintenance schedules for its nuclear power units and seek to increase electricity imports from Eastern European countries as a sharp rise in temperatures worsens a power deficit, its energy minister said on Tuesday.
Turkey’s seasonally adjusted unemployment rate stood at 8.2% in May 2026, unchanged from the previous month.The number of unemployed individuals decreased by 9 thousand to 2.88 million.By gender, the jobless rate stood at 7.0% for men and 10.5% for women.Among youth aged 15–24, the unemployment rat…
French domestic producer prices fell 0.3% month-on-month in May 2026, following a revised 2.0% decline in April.Prices for mining, quarrying, energy, and water declined 1.2%, moderating from an 11.0% plunge in April as electricity prices fell at a slower pace (-2.7% vs. -22.4%) following April's se…
The interest rate on the Livret A savings account - one of France's most popular bank savings products - will rise by mid-July, said French finance minister Roland Lescure.Lescure made the announcement on BFM TV, adding this would be "one more piece of good news" for French households' purchasing p…
