Crude oil traded near $70.7 per barrel on Tuesday, recording a roughly 30% drop in Q2, which represents its largest quarterly decline since 2020.This plunge follows a surge in supply as traffic accelerated through the Strait of Hormuz after progress toward a peace deal released oil previously trapp…
Retail sales in Greece fell 0.1% year-on-year in April 2026, reversing a 3% increase in the previous month and marking the first annual decline since September 2025.Sales in the automotive fuel sector dropped 7.4% after remaining unchanged in March, while the non-food sector excluding automotive fu…
Belgium's producer prices rose 9.7% year-on-year in May 2026, up from 8.7% in April and marking the strongest increase since January 2023.Price growth accelerated in both domestic and foreign markets, to 9.1% from 8.2% and 11.3% from 9.7%, respectively.By sector, manufacturing posted the largest in…
Croatia's industrial production fell 1.1% year-on-year in May 2026, easing from a 2.1% decline in April.Mining and quarrying contracted 5.0%, following a 0.7% drop a month earlier.Manufacturing output declined 2.4% after falling 1.5%, weighed down by sharper declines in clothing (-16.6% vs -14.2…
Spain's current account surplus narrowed to EUR 1.88 billion in April 2026, from EUR 2.46 billion in the same month last year.The primary and secondary income deficit widened to EUR 5 billion from EUR 3.80 billion.On the other hand, the balance of goods and services recorded a EUR 6.89 billion surp…
Producer prices in Malta rose 1.4% year-on-year in May 2026, the highest since October 2023, following a 0.9% increase in April.Inflation accelerated for capital goods (5.1% vs 3.2% in April), and intermediate goods (2.9% vs 2%).On the other hand, a decline of 0.6% was registered in consumer goods…
Bosnia and Herzegovina's economy expanded by 2.2% year-on-year in the first quarter of 2026, slightly accelerating from a 2.1% increase in the previous quarter.Growth was driven by stronger activity in wholesale and retail trade, transportation, accommodation and food services (6.4% vs. 4.7% in Q4…
Retail sales in Croatia rose by 0.5% year-on-year in May 2026, easing from a 2.0% increase in the previous month, marking the softest growth since March 2023.Sales growth moderated for food, beverages, and tobacco (1.9% vs 2.6% in April).Additionally, activity recorded a flat reading for non-food p…
Producer prices in Greece climbed 13.5% year-on-year in May 2026, following a 12.8% rise in the previous month and marking the highest reading since January 2023.Price growth accelerated across several categories, including intermediate goods (6.1% vs. 5.0% in April), capital goods (3.4% vs. 3.0…
The number of tourist arrivals in Montenegro rose by 0.3% year-on-year to 169,877 in May 2026, rebounding from an 8.4% decline in the previous month.Foreign visitors remained the primary source of arrivals, accounting for 87.4% of the total, or 148,388 arrivals, while domestic arrivals represented…
Cyprus’ current account deficit widened to €1.27 billion in Q1 2026, up from €1.01 billion in the same period last year.The goods deficit was virtually unchanged at €1.58 billion, while the services surplus narrowed to €1.25 billion from €1.47 billion.The primary income gap slightly decreased to €0…
The headline national inflation rate in Italy softened to 3.0% in June of 2026 from 3.2% in the previous month, according to a preliminary read.It was below market expectations of a 3.1% rate and marked the first deceleration in consumer prices since January, potentially pointing to the top of the…
The annual inflation rate in Kenya eased to 6.4% in June 2026 from 6.7% in the prior month, which was the steepest since January 2024.This marked the first slowdown in overall inflation since February, amid softer increases in prices of transportation (16.1% vs 16.5% in May) and food (8.6% vs 9.4…
South Africa's one-year-ahead inflation expectations for households surged to 4.2% in Q2 2026 from an all-time low of 3.6% in the previous period.The survey, conducted between May 18 and June 4, preceded the signing of the agreement to reopen the Strait of Hormuz, which has since eased global oil p…
Palestine's economy contracted 4.8% year-on-year in the first quarter of 2026, following a 3.0% expansion in the previous period.It marked the first annual contraction since Q3 2024, as final consumption fell 5.7%, reflecting declines in household spending (-2.1%), government consumption (-27.8…
Slovakia's annual inflation rate stood at 3.6% in June 2026, unchanged from the previous month.While inflation remained at its highest level since March 2024, price pressures eased for food and non-alcoholic beverages (0.5% vs 0.9% in May), housing and utilities (9.9% vs 10.0%), transport (4.7% vs…
Producer prices in Bulgaria rose 17.5% year-on-year in May 2026, accelerating sharply from a 15.2% increase in April and marking the fastest pace since December 2022.The increase was driven primarily by electricity, gas, steam and air conditioning supply, where inflation accelerated to 21.5% from 1…
Germany’s 10-year Bund yields were slightly higher at 2.88% at the end of June, trading just above a four-month low.They were on track for a 5bps monthly decline and a 12bps quarterly fall, as oil prices pulled back from recent peaks after the US-Iran ceasefire reopened the Strait of Hormuz, easing…
South Africa recorded foreign direct investment (FDI) inflows of ZAR 20.3 billion in Q1 2026, down from ZAR 41.3 billion in the previous quarter, central bank data showed.This was largely driven by non-resident parent entities granting loans to domestic subsidiaries, complemented by a smaller incre…
Bulgaria’s industrial business climate index declined to 16.1 in June 2026 from an eight-month high of 18.4 in May, remaining below the long-term average of 21.4.The figure reflects more subdued assessments from industrial entrepreneurs regarding the current business situation (-3.3 vs -2.2 in May…
