At its meeting on 25 November, the Bank of Korea (BoK) resumed its tightening cycle, hiking the base rate by...
Latest Global Economic News
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Korea: BoK hikes rate in late November amid surging house prices and high household debt -
Sweden: Riksbank leaves key rate unchanged at November meeting; ends net asset purchases At its meeting on 24 November, the Riksbank decided to keep its key repo rate at 0.00%. Meanwhile, it signaled... -
Belgium: Consumer confidence wanes further in November, while business confidence improves slightly The consumer confidence indicator produced by the National Bank of Belgium (NBB) came in at plus 1.0 in November, falling... -
Austria: Consumer sentiment deteriorates in November Consumer confidence dropped to minus 4.0 in November from minus 2.0 in October. Consequently, the index moved further south of... -
Mexico: Economy records sharpest contraction since Q2 2020 in Q3 according to second estimate According to a second estimate, GDP dropped 0.4% on a seasonally-adjusted quarter-on-quarter basis in the third quarter (flash estimate: -0.2%... -
Guatemala: Inflation falls in October Consumer prices increased 0.36% over the previous month in October, picking up from the 0.21% rise seen in September. October’s... -
Germany: Business confidence deteriorates further in November The ifo Business Climate Index fell from 97.7 in October to 96.5 in November, with the index consequently dropping further... -
Brazil: Consumer sentiment falls in November The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation fell to 74.9 in November, following October’s 76.3 reading.... -
Dominican Republic: Central Bank raises rates in November At its end-November meeting, the Central Bank of the Dominican Republic (BCRD) decided to raise the policy rate by 50bp... -
Singapore: Revised estimate reveals upgraded GDP growth for Q3 Singapore’s economy grew more than initially expected in Q3, according to new figures released on 24 November, as activity continued...