Remittances reached USD 2.1 billion in May, representing a 19.3% year-on-year fall. May’s drop marked the worst reading on record...
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Philippines: Remittances nosedive in May -
Nigeria: Central Bank stands pat in July At its 20 July meeting, the Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) decided to keep... -
Ireland: Consumer confidence improves in July The KBC Bank Ireland/ESRI consumer confidence index came in at 62.6 in July, up from June’s 61.6 and further above... -
South Africa: Government presents FY 2020 supplementary budget and ambitious debt stabilization plan On 24 June, the government presented a supplementary emergency budget for the current fiscal year (FY) 2020–2021, which runs until... -
Poland: Industrial production surprises on the upside in June Industrial output rose 0.5% year-on-year in June, contrasting the 17.0% collapse recorded in May and beating market expectations of a... -
Japan: Exports decrease at slower pace in June Yen-denominated merchandise exports shrank 26.2% in annual terms in June, on the heels of May’s 28.3% plunge. Meanwhile, imports dived... -
Kazakhstan: Central Bank cuts base rate to 9.00% in July The National Bank of Kazakhstan (NBK) cut the base rate by 50 basis points to 9.00% at its monetary policy... -
Canada: Housing prices growth continues to ease in June According to the Teranet-National Bank Composite House Price Index, house price growth decelerated to 0.7% on a month-on-month non-seasonally-adjusted basis... -
New Zealand: Business confidence continues its recovery in July The ANZ bank business outlook indicator recovered further ground in July as the country lifted lockdown, although sentiment remained downbeat.... -
Kazakhstan: Industrial output drops at sharpest rate since August 2016 in June Industrial production collapsed 5.6% year-on-year in June (May: +0.5% yoy). June’s reading marked the worst reading since August 2016. The...