India: India Wholesale Inflation Rises More Than Estimated in March
As Bloomberg reports, India’s wholesale inflation rose faster than economists estimated in March, reaching a three-month high, maintaining pressure on the central bank to keep interest rates elevated.

China: Government Won’t Resort to Short-Term Stimulus
Caijing echoed that Premier Li Keqiang ruled out the possibility of bold policy easing amid the current economic slowdown, stating that the government will not opt for a massive short-term stimulus because of “temporary” volatility.

Ukraine: World’s Worst Currency Rout Seen Immune to Ukraine Rate Increase
Businessweek writes that Ukraine raised its benchmark rate by 300 basis points to 9.5%, in an attempt to shore up a weakening hryvnia, which is fuelling inflationary pressures and disrupts financial markets.

Colombia: Foreign Directment Drops but Capital Inflows Double in Q1
According to Reuters, preliminary figures indicate that in Q1 2014 foreign direct investment in Colombia decreased 5.1% as compared to Q1 2013. Conversely, capital inflows doubled to USD 2.65 billion after JPMorgan’s announcement to increase the weighting of Colombian government bonds in its indexes.

Global: WTO: Global Trade to Gain Speed in 2014 and 2015
The WTO says that global trade will increase 4.7% in 2014 and expand 5.3% in 2015. The figures suggest that world trade is on the road to recovery although the financial crisis may well have shifted down average growth rates going forward.

For latest economic indicators from around the world, please visit us at FocusEconomics.

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