The BCB halts aggressive policy tightening: At its 29–30 July meeting, the Monetary Policy Committee (COPOM) of the Central Bank...
Latest Global Economic News
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Brazil: Central Bank holds rates at near two-decade high in July -
Portugal: Economic sentiment decreases in July Latest reading: Economic sentiment fell to 106.6 in July from June’s 107.3. Consequently, the index remained above the long-term average... -
Philippines: Merchandise exports growth hits over one-year high in June Latest reading: Merchandise exports jumped 26.1% in annual terms in June, following May’s 15.5% upturn. June’s figure marked the fastest... -
Sweden: Sluggish growth in Q2 disappoints markets Weaker-than-expected GDP growth in Q2: In Q2, the economy remained subdued. The statistical office’s preliminary estimate for GDP growth surprised... -
Spain: Retail sales growth speeds up in June Latest reading: Retail sales increased 1.2% month-on-month in seasonally adjusted terms in June (May: +0.3% mom s.a.). Looking at the... -
Kuwait: Inflation increases in June Latest reading: Inflation came in at 2.3% in June, which was up from May’s 2.2%. The reading was driven by... -
Chile: Central Bank of Chile cuts rates in July Latest bank decision: At its meeting ending on 29 July, the Central Bank of Chile decided to cut the monetary... -
Mexico: Merchandise exports increase in June Latest reading: Merchandise exports shot up 10.6% over the same month last year in June (May: -0.5% year-on-year). June’s figure... -
Spain: GDP growth records best result in a year in Q2 Spain remains regional outperformer: GDP growth picked up to 0.7% on a seasonally adjusted quarter-on-quarter basis in the second quarter,... -
Brazil: Consumer sentiment resumes upward trend in July; industrial sentiment deteriorates further Latest reading: The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) rose to 86.7...