Business confidence fell to minus 6.3 in October from minus 3.6 in September. October’s result marked the worst reading since...
Latest Global Economic News
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Poland: Business confidence records worst reading since March, turns more pessimistic in October -
Taiwan: Central Bank keeps policy unchanged in September; tightens measures to stem house prices At its monetary policy meeting on 23 September, the Board of Directors of Taiwan’s Central Bank (CBC) kept rates unchanged,... -
South Africa: SARB keeps rate unchanged in September meeting At its 23 September meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) unanimously voted to leave... -
Lithuania: Industrial output growth gains steam in August Industrial output increased 18.1% year-on-year in August (July: +13.5% yoy). August’s upturn came on the back of an improvement in... -
Singapore: Inflation eases in August Consumer prices rose 0.55% in August over the previous month, swinging from the 0.19% drop seen in July. August’s reading... -
Spain: Second estimate significantly revises down Q2 growth A second estimate revealed that the economy grew 1.1% on a seasonally-adjusted quarter-on-quarter basis in Q2—a much softer increase than... -
Philippines: Central Bank keeps rates unchanged in September At its monetary policy meeting on 22 September, the Central Bank of the Philippines maintained the overnight reverse repurchase facility... -
Indonesia: Central Bank stands pat in September At its monetary policy meeting held on 20–21 September, Bank Indonesia (BI) decided to leave the seven-day reverse repo rate... -
Austria: Industrial activity deteriorates in July Industrial output decreased 0.2% month-on-month in seasonally-adjusted terms in July (June: +2.1% mom). The notable deterioration largely reflected a decline... -
Hungary: MNB delivers fourth consecutive rate hike in September At its 21 September meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to raise its base rate...