On 13 May, the Reserve Bank of New Zealand (RBNZ) decided to further ramp up its asset purchasing program in...
Latest Global Economic News
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New Zealand: RBNZ ramps up asset purchasing program in May -
Malaysia: Economic growth slumps to over decade low in Q1 GDP growth decelerated to 0.7% on an annual basis in the first quarter, down from the fourth quarter’s 3.6% year-on-year... -
Czech Republic: Inflation slips in April Consumer prices slid 0.2% from the previous month in April, following March’s 0.1% dip. Data released by the Czech Statistical... -
Brazil: Nominal retail sales contract at sharpest pace in over four years in March Retail sales dropped 2.5% month-on-month in seasonally-adjusted terms in March (February: +0.5% mom). March’s result marked the worst reading since... -
Finland: Current account drops deeper into deficit in March The current account deficit grew to EUR 1.2 billion in March, from the EUR 0.5 billion shortfall recorded in both... -
Ghana: Inflation hits highest level since February 2018 Consumer prices increased a seasonally-adjusted 3.2% in April over the previous month, accelerating from March’s 0.80% rise. April’s result was... -
Belarus: Central Bank cuts refinancing rate to fresh record low in May At its 13 May meeting, the National Bank of the Republic of Belarus (NBRB) trimmed the refinancing rate by 75... -
Hungary: Second estimate confirms industrial activity decreases at fastest rate in over a decade in March According to a second estimate by the Statistical Institute, industrial production declined a working-day-adjusted 10.0% year-on-year in March (February: +1.5%... -
United Kingdom: Economy records sharpest contraction since 2008 in the first quarter GDP decreased 2.0% in the first quarter (Q4: 0.0% seasonally-adjusted quarter-on-quarter), marking the worst reading since Q4 2008. Private consumption... -
Vietnam: Central Bank cuts rates for second time this year in May On 13 May, the State Bank of Vietnam (SBV) reduced a host of interest rates, with the refinancing rate being...