Inflation declined to 5.6% in Q3 from 6.0% in Q2. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target...
Latest Global Economic News
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New Zealand: Inflation moderates in Q3 -
Turkey: Tightening cycle continues in October On 26 October, the Central Bank of the Republic of Turkey (CBRT) raised the one-week repo rate to 35.00% from... -
Ukraine: National Bank of Ukraine delivers another drastic rate cut in October At its 26 October meeting, the National Bank of Ukraine (NBU) slashed its key policy rate by 400 basis points... -
Chile: Central Bank cuts rates by less than expected in October On 26 October, the board of the Central Bank of Chile (BCCH) cut the policy interest rate from 9.50% to... -
Israel: Economic prospects for Q4 and 2024 deteriorate due to war —GDP to take a hit in Q4 and 2024. —The shekel has reached an over-decade low in recent weeks. —The... -
United States: Economy records best reading since Q4 2021 in Q3 GDP growth picked up to 4.9% in seasonally adjusted annualized rate terms (SAAR) in the third quarter, from 2.1% in... -
Philippines: Central Bank delivers a surprise off-cycle hike in October The Monetary Board of Bangko Sentral ng Pilipinas (BSP) raised the target reverse repurchase (RRP) rate by 25 basis points... -
Russia: Industrial output growth picks up pace in September Industrial output increased 5.6% in year-on-year terms in September, which was above August’s 5.4% increase. The result marked the seventh... -
Korea: Consumer confidence falls in October Consumer confidence came in at 98.1 in October, down from September’s 99.7. October’s result marked the weakest sentiment since May.... -
Canada: Central Bank stays put in October On 25 October, the Bank of Canada (BOC) left the target for the overnight rate at 5.00%, and announced it...