At its monetary policy meeting on 2 May, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)...
Latest News
-
Australia: RBA hikes rates in May; signals possible further hikes ahead -
Chile: Economic activity deteriorates in March, but outturn over Q1 as a whole is robust Economic activity dropped 2.1% in year-on-year terms in March, which was a deterioration from February’s 0.5% decrease. March’s reading was... -
Chile: Business confidence increases but remains in negative territory in April The business confidence index came in at 41.4 in April, up from March’s 40.5. Despite the uptick, the index remained... -
Hong Kong: GDP records quickest upturn since Q4 2021 in the first quarter GDP expanded 2.7% on an annual basis in Q1 (Q4 2022: -4.1% year on year), far above market expectations. Q1’s... -
Belarus: Central Bank cuts rates further in May On 2 May, the National Bank of the Republic of Belarus (NBRB) announced it would cut the refinancing rate again... -
Kazakhstan: Inflation declines in April Inflation cooled to 16.8% in April, below March’s 18.1%, marking the second consecutive decline. Looking at the details of the... -
Lithuania: GDP records sharpest contraction since Q2 2020 in Q1 According to a first estimate, GDP contracted at a steeper rate of 3.6% year on year on a seasonally and... -
Korea: Inflation drops to lowest level since February 2022 in April Inflation eased to 3.7% in April, below March’s 4.2% and matching market expectations. April’s figure represented the weakest inflation rate... -
Korea: Merchandise exports fall at a quicker pace in April Merchandise exports plummeted 14.2% year on year in April, slightly worse than market expectations and on the heels of March’s... -
Netherlands: Business confidence eases but remains optimistic in April Business confidence came in at 3.0 in April, down from March’s 4.0. Consequently, the index remained above the 0-threshold, signaling...