On 5 August, the Reserve Bank of India (RBI) decided to increase the repo rate—its main policy instrument—by 50 basis...
Latest Global Economic News
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India: Reserve Bank of India hikes rates again in August -
France: Industrial output grows at fastest pace since January in June Industrial production increased 1.4% month-on-month in seasonally-adjusted terms in June (May: +0.2% mom). The print marked the best result since... -
Luxembourg: Harmonized inflation moderates in July Consumer prices fell 1.00% from the previous month in July, swinging from the 0.76% increase logged in June. July’s result... -
Indonesia: GDP growth records best reading in a year in Q2 GDP growth gained steam to 5.4% year on year in the second quarter, from 5.0% in the first quarter. Q2’s... -
Philippines: Inflation comes in at highest level since October 2018 in July Consumer prices rose a seasonally-adjusted 0.61% over the previous month in July, moderating from the 0.97% increase seen in June.... -
Romania: NBR delivers 75 basis point hike in August At its meeting on 5 August, the National Bank of Romania (NBR) raised the policy rate to 5.50% from 4.75%.... -
United States: Job gains exceed expectations in July Total non-farm payrolls increased by 528,000 in July, up from June’s 398,000 figure and more than double market expectations. Employment... -
Guatemala: Economic activity records slowest expansion since February 2021 in June Economic activity rose 3.3% year on year in June (May: +4.2% yoy). June’s outturn marked the worst reading since February... -
United Kingdom: BoE hikes by 50 basis points in August On 4 August, the Bank of England (BoE) increased the bank rate from 1.25% to 1.75%, marking the sixth successive... -
Czech Republic: The Czech National Bank stands pat in August At its 4 August meeting, the Board of the Czech National Bank (CNB) left the two-week repo rate unchanged at...