At its monetary policy meeting on 7 July, the Reserve Bank of Australia (RBA) decided to keep the cash rate...
Latest Global Economic News
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Australia: RBA keeps rates at all-time low in July; maintains target for government bond yields -
Malaysia: Bank Negara Malaysia slashes rate to all-time low in July to support economic recovery At its 7 July meeting, the Monetary Policy Committee of Bank Negara Malaysia (BNM) cut the overnight policy rate (OPR)... -
Taiwan: Consumer prices falls at milder pace in June Consumer prices rose 0.79% in June over the previous month, swinging from May’s 0.11% fall. June’s figure marked the sharpest... -
Norway: Industrial output deteriorates in May Industrial output declined 1.0% month-on-month in seasonally-adjusted terms in May, which followed April’s 0.7% decrease. May’s deterioration came on the... -
Taiwan: Exports and imports fall in June, trade surplus increases to 10-month high Merchandise exports contracted 3.8% in annual terms in June, following May’s 2.0% fall. The sharper overall drop was spearheaded by... -
Argentina: Pace of contraction in industrial production softens but remains sharp in May Industrial production dived 26.4% year-on-year in May, following May’s record-sharp 33.4% year-on-year plunge. May saw a broad-based contraction in all... -
Russia: Consumer confidence plunges to over four-year low in Q2 The second-quarter consumer confidence index, published by the Federal Statistics Service (Rosstat) on 7 July, nosedived to minus 30 points,... -
Costa Rica: Inflation falls to lowest level in four years in June Consumer prices dropped 0.02% in June over the last month, a more moderate fall than May’s 0.15% drop. June’s figure... -
Czech Republic: Industrial activity crashes again in May Industrial output plummeted 25.7% year-on-year in working-day adjusted terms in May, which followed April’s 33.7% record-breaking collapse. Consequently, the trend... -
Colombia: Consumer confidence edges up in June The Fedesarrollo consumer confidence index came in at minus 33.1 in June, up marginally from May’s minus 34.0 but still...