May 31, 2024 The annual inflation rate for the euro area is predicted to increase from 2.4% in April 2024 to 2.6% in May 2024. When examining the primary drivers of inflation in the euro area, services are predicted to have the highest annual rate in May (4.1 %, up from 3.7% in April). Food,
May 31, 2024 A $250 million International Development Association (IDA)* credit has been approved by the World Bank for a five-year Ghana Financial Stability Project. By promoting financial stability through the recapitalization of banks and specialized deposit-taking institutions (SDIs) affected by Ghana's Domestic Debt Exchange Program (DDEP), the project will support the country's Financial Sector
May 30, 2024 According to the International Comparison Program (ICP), the GDP of the European Union (EU) in 2021 accounted for 15.2% of the global GDP in terms of purchasing power standards (PPS). With roughly 18.9% of the global GDP in 2021, China had the biggest economy in the world. United States accounted for 15.5%
May 30, 2024 The Central Bank of the Dominican Republic (BCRD), committed to transparency and timely data dissemination, reports the preliminary results of economic activity through April 2024. The Dominican economy registered a remarkable year-on-year expansion of 7.8% in April 2024, accumulating an average growth of 5.1% in the January-April period of this year. This
May 30, 2024 The seasonally adjusted unemployment rate for the euro area in April 2024 was 6.4%, compared to 6.5% in both March 2024 and April 2023. The EU unemployment rate was 6.0% in April 2024, stable compared to March 2024 and to April 2023. According to Eurostat, the number of unemployed people in the
May 29, 2024 According to preliminary estimates from the Planning Institute of Jamaica (PIOJ), for the January – March 2024 quarter, real GDP is estimated to have grown by 1.9% relative to the corresponding quarter of 2023. The performance for the January to March 2024 quarter was influenced by several key factors: Increased external demand,
May 28, 2024 Monthly Economic Review - April 2024 Disclaimer: Analyst Certification - The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part
May 28, 2024 Morocco's Country Strategy Paper (CSP) for the years 2024–2029 has been accepted by the African Development Bank Group Board of Directors. In order to foster robust, sustainable growth, stabilize the dynamics of economic and social inclusion, and enhance the competitiveness and resilience of the Moroccan economy, this roadmap will support the priorities
May 27, 2024 According to two new World Bank reports issued today, almost ten years of fighting exacerbated by external shocks has further deteriorated Syria's dismal economic status in 2023 and led to a catastrophic decline in the wellbeing of Syrian households. Households' capacity to satisfy basic necessities has been further depleted by ongoing financial
May 24, 2024 The most recent report on The Impact of the Middle East Conflict on the Palestinian Economy has been released by the World Bank. The paper evaluates the conflict's continuing effects on the Palestinian economy using the most recent data and analysis available. It concludes that there is a far greater chance of
