Consumer prices rose 1.11% in October over the previous month, picking up from the 0.60% increase seen in September. October’s...
Latest Global Economic News
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Russia: Inflation comes in at highest level since February 2016 in October -
United Kingdom: BoE leaves monetary policy unchanged in November At its meeting ending on 2 November, the Bank of England (BoE) maintained the bank rate at the record low... -
United States: Labor market conditions improve in October Total non-farm payrolls increased by 531,000 in October, following September’s 312,000 increase in payrolls. Employment gains occurred in leisure and... -
Norway: Norges Bank stands pat in November meeting; hints at second rate hike in December At its 3 November monetary policy meeting, the Executive Board of Norges Bank unanimously decided to keep the sight deposit... -
Australia: Retail sales rebound in September Retail sales increased 1.3% in month-on-month seasonally-adjusted terms in September, which contrasted August’s 1.7% decrease. The headline reading reflected expansions... -
Czech Republic: Economy expands at slower pace in Q3 The economy expanded 2.8% in seasonally-adjusted year-on-year terms in the third quarter, following Q2’s 8.1% increase, supported by progress on... -
Turkey: Inflation comes in at highest level since January 2019 in October Consumer prices increased 2.39% in October over the previous month, picking up from September’s 1.25% rise. October’s result was the... -
Malaysia: Bank Negara Malaysia stands pat in November At its final meeting of the year on 3 November, the Monetary Policy Committee of Bank Negara Malaysia (BNM) kept... -
United Kingdom: Housing market remains buoyant in October According to the Nationwide Building Society, house prices in the United Kingdom rose 0.7% month-on-month in October, following September’s 0.2%... -
United States: Fed keeps rates at effective floor in November; decides to taper its QE purchases At its meeting on 2–3 November, the Federal Open Market Committee (FOMC) decided to hold the target range for the...