On 28 May, the Monetary Council of the Hungarian National Bank (MNB) left the base rate at its current record...
Latest Global Economic News
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Hungary: MNB stays put ahead of June’s review -
Korea: Forward-looking business confidence falls in June The Bank of Korea’s forward-looking business confidence indicator (BSI) for manufacturers ticked down to 75 in June from 77 in... -
Switzerland: KOF economic barometer dips in May The KOF economic barometer—a leading composite indicator for the Swiss economy, which forecasts a six-month period—dropped to 94.4 points in... -
Denmark: Business sentiment in the industrial sector improves for third consecutive month in May Business confidence among firms in the industrial sector inched up to minus 2 points in May from minus 3 points... -
Austria: Economy grows at a faster pace than previously estimated A second reading of national accounts data revealed that the economy grew at a faster pace than previously estimated in... -
Canada: Bank of Canada leaves rates unchanged in May On 29 May, the Bank of Canada (BoC) left its target for the overnight rate unchanged at 1.75% as had... -
France: Domestic demand bounces back, propels growth in Q1 France’s economy grew a seasonally-adjusted 0.3% quarter-on-quarter in the first quarter, according to a comprehensive estimate released by the Statistical... -
Belgium: Growth slips in Q1 Belgium’s economy grew a seasonally-adjusted 0.3% quarter-on-quarter in the first quarter (previously reported: +0.2% quarter-on-quarter s.a.; Q4 2018: +0.4% qoq... -
Switzerland: Growth picks up in Q1 The economy grew 0.6% in Q1 2019 over the previous quarter in seasonally-adjusted terms, according to data released by the... -
Saudi Arabia: Oil prices fall in May on escalating trade tensions and strong production in the U.S. Oil prices declined in recent weeks following the rally in the first four months of the year. On 28 May,...