Remittances totaled USD 2.9 billion in July, representing a 2.5% year-on-year expansion. This follows June’s 7.0% year-on-year increase. On a...
Latest Global Economic News
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Philippines: Growth in remittances continues to slow in July -
Sweden: Inflation rises for eighth consecutive month in August Consumer prices with a fixed interest rate rose 0.53% over the previous month in August, accelerating from July’s 0.29% increase... -
Turkey: Current account deficit narrows again in July, supported by services exports Turkey’s current account deficit continued to narrow at the outset of the third quarter, with the shortfall dropping to USD... -
United States: Inflation eases slightly in August Consumer prices rose a seasonally-adjusted 0.27% from the previous month in August, moderating from July’s 0.47% increase. August’s result marked... -
Romania: Industrial output growth cools in July Industrial output grew 5.8% year-on-year in July, moderating from June’s 12.8% increase. The slowdown was largely attributed to weaker growth... -
United Kingdom: The labor market continues to strengthen at the outset of Q3 According to the ONS, in May–July the unemployment rate registered 4.6%, down 0.1 percentage points from the previous rolling quarter.... -
India: Inflation continues to fall in August Consumer prices increased 0.25% from the previous month in August, easing from July’s 0.74% increase. Looking at the details of... -
Kazakhstan: Central Bank hikes base rate again in September At its meeting in mid-September, the National Bank of Kazakhstan (NBK) decided to raise the base rate by 25 basis... -
Angola: Cabinda prices drop to three-month low in August Average Cabinda oil prices fell to USD 70.9 USD per barrel (pb) in August, from July’s USD 75.8 pb. The... -
Serbia: Inflation comes in at highest level since September 2013 in August Consumer prices increased 0.88% from the previous month in August, picking up from the 0.21% increase seen in July. August’s...