At its meeting on 14 August, Norges Bank decided to leave the policy rate unchanged at a 16-year high of...
Latest Global Economic News
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Norway: Central Bank stays put again in August -
Japan: Industrial output drops at sharpest pace since January in June Industrial output slid 4.2% in month-on-month seasonally adjusted terms in June, which contrasted May’s 3.6% increase. June’s result marked the... -
Kazakhstan: Industrial output growth jumps in July Industrial output growth more than doubled to 3.5% year on year in July from June’s 1.7% increase. July’s reading marked... -
Guatemala: Economic activity growth wanes in June Economic activity rose 2.9% compared to the same month of the previous year in June, which was a deterioration from... -
Nigeria: Inflation drops to lowest level since March in July Inflation came in at 33.4% in July, down from June’s 34.2%. July’s reading represented the lowest inflation rate since March,... -
Panama: Inflation remains at lowest level since July 2023 in July Inflation dipped to 0.8% in July, down from June’s 0.9%. July’s figure represented the weakest inflation rate since July 2023.... -
Philippines: BSP chops rates for the first time in nearly four years in August At its meeting on 15 August, the Monetary Board of Bangko Sentral Pilipinas (BSP) decided to lower the target reverse... -
UAE: Dubai inflation declines to lowest level since December 2023 in July Inflation in Dubai fell to 3.3% in July from June’s 3.9%. July’s figure marked the lowest inflation rate since December... -
Australia: Unemployment rate rises in July The seasonally adjusted unemployment rate ticked up to 4.2% in July from June’s 4.1% reading, surprising markets on the upside.... -
Japan: Economy bounces back stronger than expected in Q2 GDP reading: The economy rebounded in Q2, expanding 3.1% in seasonally adjusted annualized rate quarter-on-quarter terms (SAAR) in Q2, improving...