At its end-September meeting, the Central Bank kept the policy rate at 3.00%, following a sizable rate cut in August....
Latest Global Economic News
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Dominican Republic: Central Bank keeps rates steady in September -
Canada: GDP growth slows in July, but remains robust nonetheless The economy grew 3.0% month-on-month in July, easing from June’s 6.5% increase and matched Statistics Canada’s preliminary estimate. The economy... -
Belgium: New government sworn in, breaking 16 months of political gridlock A new Belgian government was sworn in on 1 October after 16 months of political deadlock. The so-called Vivaldi coalition... -
South Africa: Inflation recedes in August Consumer prices rose 0.17% from the previous month in August, coming in below the 1.31% rise logged in July and... -
Kenya: Inflation ticks down in September Consumer prices were flat in seasonally-adjusted month-on-month terms in September, following August’s 0.2% increase. September’s reading reflected higher prices for... -
UAE: Economy notably contracts in Q2 on non-oil sector downturn According to preliminary data released by the Central Bank of the UAE, GDP dropped 7.8% in year-on-year terms in the... -
France: Consumer confidence stable in September The consumer confidence index was stable at August’s 95 in September, according to the Statistical Institute (INSEE). As such, the... -
Dominican Republic: Decline in economic activity softens in August Economic activity declined 7.2% compared to the same month a year earlier in August, which was above July’s 8.8% decrease.... -
Vietnam: Industrial output rebounds in September Industrial output grew 3.8% compared to the same month a year earlier in September, which contrasted August’s 0.6% decrease. September’s... -
Argentina: Decline in economic activity sharpens in July On an annual basis, economic activity fell at a steeper pace of 13.2% in July (June: -11.7% yoy). The contraction...