The Central Bank of Nigeria continued to tighten financial conditions at its 26–27 September meeting, delivering a 150 basis points...
Latest Global Economic News
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Nigeria: Central Bank delivers much larger rate hike than expected in September -
United Kingdom: New Prime Minister Liz Truss announces large fiscal stimulus What’s happened: Liz Truss’ government recently unveiled a two-year cap on household energy bills and a six-month cap on bills... -
Turkey: Business sentiment sours in September Business confidence turned into pessimism at the close of the third quarter, with Real Sector Confidence Index falling to 99.9... -
Mexico: Economic activity rebounds in July in month-on-month terms The monthly indicator for economic activity (IGAE) rose 0.4% month-on-month in seasonally-adjusted terms in July (June: -0.3% mom), slightly above... -
Brazil: Consumer sentiment picks up in September; remains pessimistic The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) jumped to 89.0 in September from... -
Brazil: Current account deficit widens in July Brazil’s current account recorded a USD 4.1 billion deficit in July, widening from the USD 1.2 billion shortfall posted in... -
Angola: Central Bank lowers rates in September On 26 September, the Monetary Policy Committee of the National Bank of Angola (BNA) decreased the basic interest rate from... -
Lithuania: Industrial output growth rises in August Industrial production rose 15.2% year on year in August (July: +8.7% yoy). August’s figure was partly driven by faster growth... -
United Kingdom: Consumer confidence falls to record low in September Consumer confidence fell to minus 49.0 in September from August’s minus 44.0. September’s result marked the worst performance on record.... -
Malaysia: Inflation increases to over one-year high in August Inflation rose to 4.7% in August, following July’s 4.4%. August’s figure marked the highest inflation rate since April 2021. Looking...