Latest bank decision: At its meeting on 31 July, the Central Bank raised the policy rate to 0.25% from 0.00–0.10%....
Latest Global Economic News
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Japan: Central Bank raises interest rates in July -
United States: Central Bank leaves rates unchanged in July At its meeting on 31 July, the Central Bank decided to maintain the target range for the federal funds rate... -
Hong Kong: Retail sales drop again in June Retail sales fell 11.2% year on year in June (May: -12.7% yoy). June’s somewhat smaller drop was driven by weaker... -
Saudi Arabia: Economy records best reading since Q2 2023 in Q2 According to a preliminary reading, GDP declined at a milder rate of 0.4% year on year in the second quarter,... -
Mexico: The economy slows in Q2, misses market expectations GDP reading: According to a preliminary reading, GDP growth eased to 0.2% on a seasonally adjusted quarter on quarter basis... -
Canada: Economic activity growth remains solid in May GDP grew 0.2% month-on-month in seasonally adjusted terms in May (April: +0.3% mom). This was double market expectations and the... -
Vietnam: Inflation rises in July Inflation increased to 4.4% in July, up from June’s 4.3%, inching up closer to the ceiling of the government’s 4.0–4.5%... -
Australia: Retail sales growth ticks down in June Retail sales expanded 0.5% in month-on-month seasonally adjusted terms in June, which was a deterioration from May’s 0.6% increase. That’... -
Costa Rica: GDP growth picks up in Q2 GDP reading: Year-on-year GDP growth improved to 5.5% year on year in the second quarter from 3.6% in the first... -
Vietnam: Merchandise exports grow at a faster pace in July Merchandise exports soared 20.2% in annual terms in July (June: +12.4% year on year). July’s figure marked the strongest growth...