The Central Bank of Egypt (CBE) slashed interest rates by one percentage point at its monetary policy meeting on 14...
Latest Global Economic News
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Egypt: Central Bank cuts rates in November after inflation nosedives in October -
Ecuador: Economic activity growth hits eight-month high in September In September, economic activity rose 2.1% over the same month of the previous year, according to the monthly economic activity... -
Ghana: Inflation inches up in October Consumer prices rose 0.4% in October, contrasting September’s 0.1% dip according to Ghana’s Statistical Institute (GSS). The increase largely reflected... -
Australia: Consumer sentiment recovers some steam but remains downbeat in November The Westpac-Melbourne Institute consumer sentiment index rose to 97.0 in November, from 92.8 in October, which had marked the worst... -
New Zealand: RBNZ on hold in November On 13 November, the Reserve Bank of New Zealand (RBNZ) kept the official cash rate (OCR) unchanged, after having unexpectedly... -
United Kingdom: Inflation falls further below target in October Consumer prices fell 0.2% in October compared to the prior month, contrasting September’s 0.1% increase. The fall was driven by... -
Hungary: Industrial production growth jumps to near four-year high in September Industrial production grew a working-day-adjusted 9.0% year-on-year in September, up from August’s 2.7% expansion and marking a near four-year high,... -
United States: Inflation edges up in October but core inflation cools Consumer prices rose 0.4% month-on-month in October, up from a flat reading in September and a notch above market expectations.... -
Romania: Industrial output contracts for a third consecutive month in September Industrial production slid 1.2% on an annual basis in September, following August’s revised 6.7% fall, which had marked the worst... -
Russia: Growth jumps to year-to-date high in Q3 GDP growth accelerated to 1.7% year-on-year in the third quarter of 2019, according to a preliminary estimate released by Rosstat...