At its 28 July meeting, the Monetary Policy Committee of Kenya’s Central Bank once again decided to leave the Central...
Latest Global Economic News
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Kenya: Central Bank leaves rate unchanged in July -
United States: Fed keeps rates at effective floor in July; hints at tapering its QE purchases At its meeting on 27–28 July, the Federal Open Market Committee (FOMC) decided to hold the target range for the... -
Canada: Inflation plunges to lowest level since March in June Consumer prices increased a seasonally-adjusted 0.14% in June over the previous month, slowing down from the 0.36% increase recorded in... -
Hungary: Economic sentiment improves in July amid higher business confidence The GKI economic sentiment index, a composite indicator, edged up to minus 1.1 in July from minus 2.2 in June,... -
Mexico: Merchandise exports grow at a more moderate pace in June Merchandise exports soared 29.1% over the same month last year in June (May: +125.2% year-on-year), driven by a doubling in... -
Mexico: Economic activity growth ticks up in May The monthly indicator for economic activity (IGAE) expanded 0.6% month-on-month in seasonally-adjusted terms in May (April: +0.2% mom; previously reported:... -
Korea: GDP growth picks up in the second quarter amid favorable base effect Economic growth accelerated in the second quarter, with GDP increasing 5.9% on an annual basis according to a preliminary reading... -
Greece: Unemployment drops in May The number of unemployed workers decrease by 31,010 in May compared to April, while the seasonally-adjusted unemployment rate dropped to... -
Brazil: Current account surplus narrows in June Brazil’s current account recorded a surplus of USD 2.8 billion in June, narrowing from the USD 3.1 billion recorded in... -
Ghana: Central Bank keeps rates unchanged in July At its meeting on 21–23 July, the Monetary Policy Committee of the Bank of Ghana (BoG) decided to keep its...