At its 22 June meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to hike its base rate...
Latest Global Economic News
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Hungary: MNB delivers first rate hike since beginning of pandemic amid mounting inflationary pressures -
Philippines: Central Bank keeps rates unchanged in June At its monetary policy meeting on 23 June, the Central Bank of the Philippines maintained the overnight reverse repurchase facility... -
Singapore: Inflation comes in at highest level since November 2013 in May Consumer prices increased 0.80% in May over the previous month, swinging from April’s 0.17% drop. May’s uptick marked the sharpest... -
Uruguay: Decline in GDP softens somewhat in Q1 GDP fell at a slightly milder pace of 2.8% year-on-year in the first quarter, following the 2.9% contraction seen in... -
Guatemala: Central Bank keeps rate unchanged in June At its 23 June meeting, the Monetary Board of the Central Bank of Guatemala opted to keep the monetary policy... -
Thailand: Central Bank holds rates at June meeting; further downgrades growth outlook At its 23 June meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) held the policy rate at... -
South Africa: Inflation hits over two-year high in May Consumer prices rose 0.08% over the previous month in May, coming in below April’s 0.67% increase. May’s result marked the... -
Turkey: Consumer confidence improves but remains in negative territory in June At the close of the second quarter, consumer sentiment ticked up 81.7 in June from 77.3 in May. However, the... -
Netherlands: Consumer confidence picks up in June Consumer confidence jumped to minus 3.0 in June from May’s minus 9.0. June’s result marked the best reading since March... -
Austria: Industrial output growth loses pace in April Industrial production expanded 1.7% month-on-month in seasonally-adjusted terms in April (March: +3.5% mom). Softer growth was largely due to a...