At its monetary policy meeting on 18 May, the Central Bank of the Philippines (BSP) raised the overnight reverse repurchase...
Latest Global Economic News
-
Philippines: Central Bank starts hiking cycle in May with 25 basis points increase -
Canada: Inflation comes in at highest level since January 1991 in April Consumer prices rose a seasonally-adjusted 0.67% from the previous month in April, coming in below March’s 1.02% rise. April’s result... -
Canada: House prices growth gains momentum in April According to the Teranet-National Bank Composite House Price Index, house prices increased 2.7% in April (March: +2.1%). The result marked... -
Russia: Growth decelerates in Q1; worse to come in Q2 GDP growth slumped to 3.5% year on year in the first quarter of 2022, according to a preliminary estimate released... -
Ecuador: Economic activity growth speeds up in April Economic activity grew 10.9% in year-on-year terms in April, which was above March’s 10.5% increase. Meanwhile, the trend pointed down,... -
India: Inflation comes in at highest level since May 2014 in April Consumer prices increased 1.43% in April over the previous month, picking up from the 0.96% rise recorded in March. April’s... -
South Africa: Inflation holds stable in April Consumer prices increased 0.59% in April over the previous month, below the 0.99% rise recorded in March. April’s result marked... -
United States: Retail sales growth slows in April Retail sales expanded 0.9% in month-on-month seasonally-adjusted terms in April, which followed March’s 1.4% increase. The downturn came on the... -
Slovakia: GDP growth accelerates in Q1 Annual growth more than doubled at the outset of this year, coming in at 3.1% in Q1, compared to a... -
Belarus: Industrial output contracts at sharpest pace on record in April Industrial output contracted 10.6% year-on-year in April (March: -6.4% yoy). The result marked the worst result since current records began....