Latest bank decision: At its meeting on 2–3 July, the Central Bank met market expectations and kept interest rates unchanged,...
Latest Global Economic News
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Poland: Central Bank maintains rates in July; hints at rate cuts from 2026 -
Switzerland: Retail sales growth picks up pace in May Retail sales rose 0.2% month-on-month in seasonally adjusted terms in May (April: +0.1% mom). The pickup was largely driven by... -
Portugal: Industrial output records largest drop in over one year in May Industrial output decreased 3.2% in month-on-month seasonally adjusted terms in May, which was a deterioration from April’s 2.2% decrease. May’s... -
Euro Area: Unemployment rate unchanged in May The seasonally adjusted unemployment rate was stable at April’s 6.4% in May. As for the Eurozone’s largest economies, the unemployment... -
Angola: GDP growth records quickest upturn in nine years in Q1 GDP reading: The economy surged in the first quarter, expanding 4.6% year on year, which more than doubled Q4 2023’s... -
Korea: Merchandise exports rise at a more moderate pace in June Merchandise exports increased 5.1% annually in June, following May’s 11.5% jump and marking the second-highest total export value of all... -
Chile: Business confidence records worst reading since January in June Business confidence came in at 43.8 in June, down from May’s 45.3. June’s result marked the weakest sentiment since January.... -
Indonesia: Inflation declines to lowest level since September 2023 in June Inflation ticked down to 2.5% in June, which followed May’s 2.8%. June’s figure represented the weakest inflation rate since September... -
Korea: Inflation drops to lowest level since July 2023 in June Inflation fell to 2.4% in June, from May’s 2.7%, markedly undershooting market expectations. June’s figure marked the lowest inflation rate... -
Kenya: Inflation drops to a near four-year low in June Inflation dropped to 4.6% in June, following May’s 5.0%. June’s result represented the weakest inflation rate since September 2020. Looking...