Central Bank remains on hold: At its meeting on 21–22 July, the Central Bank of Nigeria (CBN) decided to maintain...
Latest Global Economic News
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Nigeria: Central Bank of Nigeria leaves rates unchanged in July -
Saudi Arabia: Saudi Arabian oil output jumps in June Latest reading: Brent crude oil prices averaged USD 69.85 per barrel in June, up 9.0% from May. On 30 June,... -
UAE: UAE oil output rises again in June Latest reading: Brent crude oil prices averaged USD 69.85 per barrel in June, up 9.0% from May. On 30 June,... -
Mexico: Economic activity growth slows in May Latest reading: The monthly indicator for economic activity (IGAE) flatlined in month-on-month seasonally adjusted terms in May, in contrast to... -
Panama: Economic activity growth slows further in May Latest reading: Economic activity increased 2.9% year on year in May from April’s 4.2%, marking the worst reading since August... -
Nigeria: GDP growth slows in Q1 National Bureau of Statistics rebases GDP series: GDP expanded 3.1% year on year in Q1 (Q4 2024: +3.8% yoy), disappointing... -
Austria: Harmonized inflation increases in June Latest reading: Harmonized inflation edged up to 3.2% in June, above May’s 3.0%. The uptick was broad-based, with greater price... -
Estonia: Harmonized inflation comes in at highest level since July 2023 in June Latest reading: Harmonized inflation spiked to 5.3% in June, which was up from May’s 4.6% and marked an almost two-year... -
Latvia: Harmonized inflation increases in June Latest reading: Harmonized inflation came in at 3.9% in June, which was up from May’s 3.7%. The uptick stemmed from... -
Lithuania: Harmonized inflation rises in June Latest reading: Harmonized inflation ticked up to 3.2% in June, following May’s 3.0%. The uptick was due to rising prices...