At its 2–3 August meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank (CBC) unanimously decided to raise the...
Latest Global Economic News
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Brazil: COPOM meets expectations and delivers 12th consecutive hike in August -
Brazil: Industrial activity deteriorates in June Industrial output fell 0.4% month on month in seasonally-adjusted terms in June (May: +0.3% mom). June’s figure marked the worst... -
Colombia: Merchandise export growth falls in June Merchandise exports expanded 17.2% year-on-year in June, decelerating from May’s 47.0% increase. Merchandise imports, meanwhile, grew 24.5% in June, easing... -
Indonesia: Inflation comes in at highest level in nearly seven years in July Consumer prices rose 0.64% over the previous month in July, picking up from the 0.61% rise recorded in June. The... -
Korea: Inflation comes in at highest level since November 1998 in July Consumer prices rose 0.48% in July over the previous month, which was below June’s 0.61% rise. Looking at the details... -
Switzerland: Retail sales gain momentum in June Retail sales increased 1.2% year on year in calendar-adjusted terms in June, which contrasted May’s 1.3% decrease. Looking at the... -
Korea: Merchandise exports gain steam in July Merchandise exports rose 9.4% on an annual basis in July, on the heels of June’s 5.2% rise. July’s reading was... -
Switzerland: Inflation remains steady in July Consumer prices dropped 0.04% from the previous month in July, swinging from the 0.50% rise recorded in June. July’s result... -
Colombia: BanRep raises policy rate 150 basis points in June, matching market expectations At its 29 July meeting, the Board of Directors of Colombia’s Central Bank (BanRep) voted to increase the benchmark interest... -
Costa Rica: GDP growth records slowest increase since Q1 2021 in the second quarter Economic growth waned in the second quarter, with GDP increasing 5.4% on an annual basis (Q1: +8.4% year on year)....