At its 23–25 May meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) increased the repurchase rate...
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South Africa: SARB tightens further in May -
South Africa: Inflation recedes to 11-month low in April Inflation dropped to 6.8% in April, down from March’s 7.1%. April’s reading represented the softest inflation rate since May 2022.... -
Israel: Composite State of the Economy Index growth is mild in April The Bank of Israel’s Composite State of the Economy Index grew 0.12% in month-on-month seasonally-adjusted terms in April, which was... -
United Kingdom: Inflation overshoots expectations in April Inflation came in at 8.7% in April, down from March’s 10.1%. April’s result marked the lowest inflation rate since March... -
New Zealand: RBNZ hikes rate in May; signals end of tightening cycle At its 24 May meeting, the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) to 5.50%... -
Turkey: Business confidence hits highest reading since May 2022 in May Business confidence rose to 108.3 in May from April’s 108.0. May’s result marked the best reading since May 2022. Consequently,... -
Germany: Business confidence falls in May Business confidence fell to 91.7 in May from April’s 93.4, the first decline in seven months. The deterioration in May... -
Nigeria: GDP growth softens in Q1 2023 The Nigerian economy started 2023 on a weaker footing. Economic growth waned to 2.3% year on year in the first... -
Korea: Manufacturing firms’ month-ahead sentiment increases in June Month-ahead business confidence among manufacturing firms came in at 73.0 in June, up from May’s 72.0. June’s result marked the... -
Vietnam: Central Bank cuts the benchmark refinancing rate by another 50 basis points in May On 24 May, the State Bank of Vietnam (SBV) cut the benchmark refinancing rate from 5.50% to 5.00%. The move...