At its meeting on 4-5 June, the National Bank of Poland (NBP) decided to extend its monetary policy loosening pause,...
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Poland: NBP holds rates in June amid heightened inflation risks -
Hungary: GDP records best reading since Q3 2022 in Q1 2024 A second release confirmed that GDP grew 1.1% year on year in Q1 2024, above the flat reading seen in... -
Argentina: Decline in industrial output softens in April Industrial production declined 16.6% year on year in April (March: -21.4% yoy). The softer drop was due to improvements in... -
Switzerland: Inflation remains stable in May Inflation came in at 1.4% in May, matching April’s result and in line with the Central Bank’s target of below... -
South Africa: GDP misses market expectations and contracts in Q1 GDP dropped 0.1% on a seasonally adjusted quarter-on-quarter basis in the first quarter, below the 0.3% expansion logged in the... -
Kuwait: Suspension of Parliament raises near-term political tensions but could catalyze reform Parliament suspended following elections: In early May, the Kuwaiti Emir dissolved Parliament and suspended some constitutional articles. The Emir said... -
Brazil: Activity shifts into higher gear in Q1 The Brazilian economy fired on all cylinders in the first three months of 2024, following a sluggish H2 2023 performance.... -
Korea: Merchandise exports increase at a milder rate in May Merchandise exports shot up 11.7% year-on-year in May (April: +13.8% year-on-year), while the daily average export value—which accounts for the... -
Turkey: Inflation increases in May Inflation came in at 75.4% in May, up from April’s 69.8%. May’s figure marked the highest inflation rate since November... -
Latvia: Industrial output drops at sharpest rate since May 2023 in April Industrial output sank 7.8% in year-on-year terms in April, which contrasted March’s 0.5% increase. April’s figure marked the worst reading...