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Brazil’s inflation rises to 12.1% y/y in April
Fuel prices rose by 31.2% y/y in the fourth month of 2022, reflecting the impact of the Russia-Ukraine war on oil prices
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CEIC Leading Indicator for the US lowest in 15 months
The US decelerated for the third consecutive month in April 2022, decreasing to 100.4
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Brazil’s central bank raises the Selic rate to 12.75%
This is the tenth hike in a row
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India’s Monetary Policy Committee hikes policy rate to 4.4% p.a
The rate hike was carried out after two years of keeping the rate unchanged at 4.0% p.a
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Germany’s exports growth decelerates in March, trade with Russia drops further
Trade with Russia declined with exports dropping by 62.3% m/m and imports shrinking by 2.4% m/m
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India’s trade balance widens to USD 20.1bn in April 2022
Exports and imports declined in April, as compared to March, by 9.5% m/m, and 4.1% m/m
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US real GDP contracts for the first time since 2020
Real GDP contracted at an annual rate of 1.4% in Q1 2022
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US consumer confidence almost unchanged in April
The index decreased marginally in April 2022, dropping to 107.3 from 107.6 in the previous month