As widely expected, at its meeting on 21–22 May, the Bank Indonesia (BI) held the BI-Rate at 6.25%, on the...
Latest Global Economic News
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Indonesia: Central Bank stands pat in May -
Japan: Core machinery orders growth dips in March Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Korea: Manufacturing firms’ outlook on business conditions improves in June Manufacturing firms’ outlook on business conditions came in at 76.0 in June, up from May’s 74.0. June’s result marked the... -
New Zealand: Central Bank decides to keep rates steady in May At its meeting on 22 May, the Central Bank decided to keep the Official Cash Rate (OCR) at 5.50%. The... -
Argentina: Merchandise exports rise at a more moderate rate in April Merchandise exports soared 10.7% annually in April (March: +13.0% year-on-year). Meanwhile, merchandise imports plunged 22.7% over the same month last... -
Denmark: Danish economy contracts at sharpest pace since Covid-19 in Q1 According to a preliminary estimate, the Danish economy was notably set back in the first three months of 2024, with... -
Malaysia: GDP growth records fastest upturn in a year in Q1 Year-on-year GDP growth picked up to 4.2% in the first quarter, up from 2.9% in the fourth quarter of last... -
Peru: Economic activity dips in March Economic activity declined 0.3% year on year in March (February: +3.0% yoy). March’s figure was partly due to a deterioration... -
Italy: Harmonized inflation moderates in April Harmonized inflation ticked down to 0.9% in April from March’s 1.2%. The moderation was broad-based, with lower price pressures recorded... -
Luxembourg: Harmonized inflation declines to lowest level since January in April Harmonized inflation came in at 3.0% in April, down from March’s 3.2%. April’s figure marked the lowest inflation rate since...