At its meeting on 5 December, the Monetary Policy Committee of the Central Bank of Kenya surprised markets by increasing...
Latest Global Economic News
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Kenya: Central Bank surprises markets in December with largest hike since 2011 -
Uruguay: Inflation comes in at highest level since June in November Inflation increased to 5.0% in November, above October’s 4.3%. November’s reading marked the highest inflation rate since June, though it... -
Korea: Inflation falls to lowest level since July in November Inflation dropped to 3.3% in November from October’s 3.8%. November’s figure marked the weakest inflation rate since July. The decline... -
South Africa: GDP declines at steeper-than-expected rate in Q3 GDP contracted 0.2% on a seasonally adjusted quarter-on-quarter basis in the third quarter, below the 0.5% expansion tallied in the... -
Slovakia: GDP grows at softer-than-expected pace in Q3 A second national accounts release revealed the Slovak economy expanded at a slower rate than initially estimated in the third... -
France: Decline in industrial output softens in October Industrial production slid 0.3% month-on-month in seasonally adjusted terms in October (September: -0.6% mom s.a.). October’s smaller drop was largely... -
Philippines: Inflation drops in November Inflation dropped to 4.1% in November from October’s 4.9%. November’s reading marked the weakest inflation rate since March 2022. Looking... -
Switzerland: Inflation falls to over two-year low in November Inflation edged down to 1.4% in November from October’s 1.7%. November’s reading marked the weakest inflation rate since October 2021,... -
Australia: Retail sales deteriorate in October Retail sales decreased 0.2% month-on-month in seasonally adjusted terms in October (September: +0.9% mom). October’s downturn was largely due to... -
Estonia: Decline in industrial output softens in October Industrial output dropped 10.0% year on year in seasonally and calendar-adjusted terms in October (September: -15.2% ). Looking at the...