As expected, at its meeting on 16 May, the Monetary Board of Bangko Sentral Pilipinas (BSP) decided to maintain the...
Latest Global Economic News
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Philippines: BSP leaves rates unchanged in May, hints at start of easing cycle -
Panama: Inflation remains stable in April Inflation was stable at March’s 1.7% in April. The result was largely due to softer growth in prices for food... -
Uruguay: Central Bank stands pat in May At its meeting on 16 May, the Monetary Policy Committee of the Central Bank of Uruguay (BCU) kept the policy... -
Romania: Inflation falls to over two-year low in April Inflation eased to 5.9% in April, following March’s 6.6%. April’s reading marked the lowest inflation rate since August 2021. The... -
Romania: Industrial output expands at fastest pace since June 2021 in March Industrial output grew 3.8% in month on month seasonally adjusted terms in March, which was better than February’s 3.3% expansion... -
Uruguay: Manufacturing production drops at sharpest rate since May 2020 in March Manufacturing output decreased 16.7% year on year in March (February: +0.9% yoy). The figure marked the worst reading since May... -
Nigeria: Inflation rises again in April Inflation came in at 33.7% in April, which was up from March’s 33.2%. April’s reading represented the highest inflation rate... -
Hungary: Industrial output dips in March According to a second estimate by the Statistical Institute, industrial output dropped 3.2% year on year in March (February: +1.4%... -
United States: Retail sales stagnate in April Retail sales flatlined in month-on-month seasonally adjusted terms in April, which was a deterioration from March’s 0.6% increase and undershot... -
Cyprus: Economic growth accelerates in the first quarter According to a preliminary estimate, GDP growth accelerated to 3.5% year on year in the first quarter of 2024 from...