At its 14 May meeting, the Governing Board of the Bank of Mexico (Banxico) decided to lower the target for...
Latest Global Economic News
-
Mexico: Banxico trims key rate to three-and-a-half year low in May -
Finland: Consumer prices record biggest fall since November 2015 in April Consumer prices fell 0.3% in April over the last month, coming in below the 0.2% fall logged in March. The... -
Egypt: Central Bank leaves rates unchanged at May meeting At its scheduled monetary policy meeting 14 May, the Central Bank of Egypt (CBE) left the overnight deposit, overnight lending,... -
Romania: Industrial activity contracts at sharpest pace on record in March Industrial production slid 14.5% year-on-year in March (February: -2.0% yoy). March’s reading marked the sharpest drop since current records began... -
Serbia: Inflation falls in April Consumer prices were unchanged from the prior month in April, contrasting the 0.1% drop in March. The print reflected higher... -
Turkey: Current account deficit widens as Covid-19 extinguishes foreign demand Turkey’s current account deficit widened notably in March to USD 4.9 billion from USD 0.1 billion in March of last... -
Argentina: Consumer confidence falls deeper into pessimistic terrain in April amid containment measures The Universidad Torcuato di Tella (UTDT) consumer confidence index fell to a near one-year low of 39.3 in April from... -
Sweden: Consumer prices decrease in annual terms in April Consumer prices with a fixed interest rate (CPIF)—which is closely followed by the Central Bank—decreased 0.3% in April compared to... -
Uruguay: Industrial output defies Covid-19 and expands at quickest pace since October 2018 in March Industrial production soared 4.7% year-on-year in March (February: +1.0% yoy). The result marked the strongest rise since October 2018. Industrial... -
United Kingdom: Industrial activity contracts at sharpest pace on record in March Industrial production dropped 4.2% month-on-month in seasonally-adjusted terms in March (February: -0.1% mom). March’s figure marked the worst reading on...