On its 23 March meeting, the Monetary Policy Committee (MPC) of Kenya’s Central Bank slashed the Central Bank Rate by...
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Kenya: Central Bank slashes rate to eight-and-a-half-year low amid worsening economic backdrop -
Israel: Economic activity stays robust in February, but good performance won’t last The Bank of Israel’s Composite State of the Economy Index rose 0.26% in February compared to the previous month in... -
China: Authorities unveil further policy stimulus to rekindle economic growth The coronavirus outbreak decimated economic activity in China at the start of the year, with most indicators recording record lows... -
Lithuania: Industrial output rebounds in February Industrial production rose 2.4% year-on-year in February, rebounding from January’s revised 4.1% contraction (previously reported: -3.2% year-on-year). That said, if... -
Netherlands: Consumer sentiment stays pessimistic in March At the close of the first quarter, consumer confidence was stable at February’s minus 2. While highlighting lingering pessimism among... -
Poland: Coronavirus fears boost retail sales in February Nominal retail sales soared 9.6% year-on-year in February, up from January’s 5.7% expansion. Consumer spending was boosted by fears of... -
South Africa: Rand slumps to new all-time low as coronavirus fears bite The South African rand (ZAR) sank to a record low against the U.S. dollar in March, under pressure from the... -
Uruguay: Full-year growth slumps to 17-year low as economy cools at year-end The economy grew just 0.2% year-on-year in the final quarter of 2019, after expanding 1.1% in the third quarter. Meanwhile,... -
Angola: Cabinda crude oil prices nosedive in February; Angolan oil production remains subdued The average price of Angola’s Cabinda crude plunged to an over one-year low of USD 57.3 per barrel (pb) in... -
South Africa: Moody’s skeptical over new budget which sees fiscal deficit widening to 28-year high In the annual budget presentation on 26 February, the government presented spending plans which sees the budget deficit ballooning to...