At its 30 May meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya delivered the first rate...
Latest Global Economic News
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Kenya: Central Bank surprises markets and delivers first rate hike in May -
Denmark: Business sentiment deteriorates to 17-month low in May Business sentiment came in at minus 3.0 in May, down from April’s 4.0. May’s result marked the weakest reading since... -
Sweden: GDP records sharpest contraction since Q2 2020 in the first quarter Underlying momentum faltered in the first three months of the year, as GDP declined 0.8% on a seasonally-adjusted quarter-on-quarter basis... -
Singapore: Inflation holds stable in April Consumer prices fell 0.13% in April over the previous month, contrasting the 1.25% rise logged in March. April’s result marked... -
Vietnam: Inflation comes in at highest level since May 2021 in May Consumer prices increased 0.38% over the previous month in May, picking up from April’s 0.18% rise. The acceleration was largely... -
Vietnam: Industrial output posts quickest growth since April 2021 in May Industrial production increased 20.9% year-on-year in May (April: +18.6% yoy). May’s result was the best since April 2021. The notable... -
Italy: Business confidence rises in May Business confidence came in at 110.9 in May, up from April’s 108.4, pointing to improving sentiment among businesses. The uptick... -
Italy: Consumer confidence rises in May Consumer confidence came in at 102.7 in May, up from April’s 100.0. The rise was due to an across-the-board increase... -
Turkey: Central Bank holds fire despite red-hot inflation and increased risks The Monetary Policy Committee of the Central Bank of the Republic of Turkey (TCMB) stood pat at its 26 May... -
Russia: Central Bank slashes rate by further 300 basis points to 11.00% at the end of May At an unscheduled meeting on 26 May, the Central Bank of the Russian Federation (CBR) cut its key interest rate...