On 10 June, the government presented a record KES 3.7 trillion (around USD 34 billion) budget for the fiscal year...
Latest Global Economic News
-
Kenya: Government unveils record FY 2021–2022 budget, but still aims for fiscal consolidation -
Belgium: Industrial output records best result on record in April, albeit largely due to a favorable base effect Industrial output grew 28.3% year-on-year in calendar-adjusted terms in April, which was above March’s 4.3% increase. April’s figure marked the... -
Sweden: Inflation eases in May Consumer prices with a fixed interest rate rose 0.22% in May over the previous month, moderating slightly from April’s 0.27%... -
Norway: Inflation increases in June Consumer prices increased a seasonally-adjusted 0.35% over the previous month in June, swinging from the 0.09% drop seen in May.... -
Egypt: Inflation rises in May Consumer prices rose 0.71% in May over the previous month, a smaller increase than the 0.89% rise recorded in April.... -
Czech Republic: Inflation ticks down in May Consumer prices rose 0.17% from the previous month in May, following April’s 0.53% jump. Looking at the details of the... -
Poland: Central Bank holds rates steady in June At its meeting on 9 June, the National Bank of Poland (NBP) once again left the reference rate on hold... -
Czech Republic: Industrial output skyrockets on low-base effect in April Industrial production skyrocketed 55.1% year-on-year in working-day adjusted terms in April, which followed March’s 14.1% jump and benefited from an... -
Argentina: Industrial output skyrockets on low base effect in April Industrial output skyrocketed 55.9% year-on-year in April, following March’s 33.0% jump. April’s reading benefited from an extremely low base effect... -
China: Consumer price inflation comes in at highest level since September 2020 in May, producer price inflation surges Consumer prices fell 0.20% in May over the previous month, after the 0.30% fall logged in April. Inflation came in...