At its 21–22 September meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to axe...
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Nigeria: Central Bank delivers second unexpected rate cut this year in September -
Angola: Cabinda crude oil prices rise in August, but outlook remains clouded On average, Angola’s Cabinda crude oil sold at USD 45.4 per barrel (pb) in August, up from July’s USD 44.3... -
South Africa: Rand hits six-month high in September amid higher risk appetite The South African rand (ZAR) gained considerable ground against the U.S. dollar in recent weeks, largely reflecting improved risk appetite... -
Hungary: Economic sentiment dips as consumers grow more pessimistic in September The GKI economic sentiment index, a composite indicator, slid to minus 19.3 in September from minus 19.0 in August. September’s... -
Hong Kong: Consumer prices falls at milder pace on an annual basis in August Consumer prices fell a seasonally-adjusted 0.20% from the previous month in August, a less pronounced decrease than July’s 1.00% fall.... -
Russia: Central Bank pauses interest rate cuts in September At its meeting on 18 September, the Board of Directors of the Central Bank of the Russian Federation (CBR) kept... -
Poland: Retail sales slow in August Retail sales expanded 0.4% compared to the same month a year earlier in August, which was notably below July’s 2.7%... -
Luxembourg: Unemployment rate falls to five-month low in August In August, the number of unemployed workers came in at 18,525, which was down 6.2% from July’s result of 19,762.... -
Mexico: GDP collapses at unprecedented pace in Q2 on massive Covid-19 blow Expenditure-based national accounts data released by the Statistical Institute on 21 September confirmed that GDP collapsed 18.7% year-on-year in Q2... -
Ukraine: GDP contracts at fastest pace in over four years in Q2 A second estimate confirmed that the economy shrank 11.4% year-on-year in Q2, matching the preliminary release and marking the sharpest...