The South African rand (ZAR) continued to recover ground lost against the U.S. dollar over the past month amid improving...
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South Africa: Rand regains further lost ground in June -
Poland: Retail sales contract at much softer pace in May Retail sales contracted 8.6% year-on-year in May, following April’s 22.6% collapse, which had marked the steepest fall on record. Looking... -
Netherlands: Consumer confidence inches up in June but remains depressed Consumer confidence rose to minus 27 in June from May’s minus 31. As such, the index remained firmly below the... -
Luxembourg: Unemployment stable in May In May, the number of unemployed workers came in at 20,209, which was down 0.2% from April’s result. Meanwhile, the... -
Denmark: Consumer confidence improves in June, but remains pessimistic Consumer confidence came in at minus 3.1 in June, up from May’s minus 8.8. As such, the index remained below... -
Hungary: Economic sentiment continues to improve in June The GKI economic sentiment index, a composite indicator, rose to minus 20.5 in June from minus 28.1 in May. June’s... -
Lebanon: Lebanon sinks deeper into the economic abyss as IMF talks stall Economic conditions have deteriorated significantly in recent months amid spiraling inflation, the Covid-19 pandemic and sociopolitical instability, after the country... -
Belarus: Central Bank cuts refinancing rate to fresh record low in June At an emergency meeting on 22 June, the National Bank of the Republic of Belarus (NBRB) trimmed the refinancing rate... -
Hong Kong: Inflation falls to lowest level since the start of the year in May Inflation came in at 1.5% in May, easing from April’s 1.9%. May’s result represented the lowest inflation rate since January.... -
Ukraine: GDP contracts in Q1 The economy swung to contraction in the first quarter, with GDP decreasing 1.3% year-on-year (Q4 2019: +1.5% year-on-year). On the...