At its meeting on 15 July, the Bank of Korea (BoK) kept the base rate at its record low of...
Latest Global Economic News
-
Korea: BoK stands pat in July but adopts more hawkish forward guidance -
Korea: Government announces second supplementary budget to fuel recovery On 1 July, the government announced a supplementary budget proposal—the sixth since the pandemic started and the second this year—aimed... -
Israel: Inflation comes in at highest level since December 2013 in June Consumer prices increased 0.10% in June over the previous month, below May’s 0.40% rise. June’s result marked the softest reading... -
United Kingdom: The labor market solidifies in Q2 According to the ONS, in March–May the unemployment rate registered 4.8%, unchanged from the previous rolling quarter. Experimental data for... -
Finland: Economic activity notches quickest growth in over two decades in May Economic activity expanded markedly in May, with growth clocking in at 9.0% in year-on-year working-day adjusted terms, accelerating from April’s... -
Colombia: Industrial output expands at a softer pace in May Industrial output grew a notably softer 8.6% year-on-year in May, following April’s 63.9% record-rate expansion, partially due to a less... -
Belarus: Central Bank hikes rate by 75 basis points in surprise meeting in July amid high inflation At an unscheduled meeting on 15 July, the National Bank of the Republic of Belarus decided to hike the refinancing... -
Panama: Inflation drops to lowest level since March in June Consumer prices increased 0.18% in June over the previous month, following the 0.21% rise seen in May. The slowdown was... -
Peru: Economic activity growth slows from April’s record high in May Economic activity grew 47.8% in year-on-year terms in May, which was below April’s series-high 58.5% increase but still marked the... -
Poland: Inflation moderates in June Consumer prices rose 0.10% from the previous month in June, coming in below May’s 0.30% increase. June’s result marked the...