At its meeting on 13 December, the Swiss National Bank (SNB) maintained the target range for the three-month Libor at...
Latest Global Economic News
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Switzerland: SNB keeps rates on hold in December; downgrades inflation outlook -
Philippines: Central Bank pauses tightening cycle in December as inflationary pressures cool The Monetary Board of the Central Bank of the Philippines (BSP) kept the overnight reverse repurchase facility (RRP) on hold... -
Ecuador: Economic activity expands at the fastest pace in four years in October According to the monthly economic activity indicator (IDEAC, Indice de Actividad Económica Coyuntural) released by the Central Bank of Ecuador,... -
Uruguay: Economy stagnates in Q3 as regional turmoil bites A comprehensive breakdown by the Central Bank of Uruguay showed that the economy decelerated to 2.1% year-on-year in the third... -
Israel: Trade deficit narrows despite steep drop in exports In November, exports contracted 6.7% year-on-year in USD terms, swinging from an upwardly revised 9.9% expansion in October (previously reported:... -
Brazil: Retail sales contract again in October Retail sales (excluding cars and construction) dropped 0.4% from the previous month in seasonally-adjusted terms in October, marking the second... -
India: Industrial production growth accelerates in October Annual industrial production increased 8.1% in October, up from 4.5% in September. The uptick was driven by stronger output growth... -
Serbia: Inflation eases in November In November, consumer prices fell 0.3% over the prior month, swinging from the 0.3% increase recorded in October. According to... -
Latvia: Inflation edges down in November Consumer prices fell 0.1% from the previous month in November, compared to a 0.7% month-on-month increase in October. According to... -
Estonia: Inflation falls in November Consumer prices fell 0.5% from the previous month in November, contrasting October’s 0.5% increase. A breakdown of the sub-components showed...