The Monetary Board of Bangko Sentral ng Pilipinas (BSP) raised the target reverse repurchase (RRP) rate by 25 basis points...
Latest Global Economic News
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Philippines: Central Bank delivers a surprise off-cycle hike in October -
Singapore: Inflation rises in September Inflation ticked up to 4.1% in September, following August’s 4.0%. The increase was largely due to faster growth in prices... -
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... -
Costa Rica: Central Bank restarts easing cycle in October At its latest meeting on 25 October, the Central Bank of Costa Rica (BCCR) cut the monetary policy rate to... -
Mexico: Economic activity growth speeds up in August The monthly indicator for economic activity (IGAE) rose 0.4% in month-on-month seasonally-adjusted terms in August, which was above July’s 0.2%... -
Hungary: MNB cuts base rate after holding for a year At its 24 October meeting, the Monetary Council of the Hungarian National Bank (MNB) cut its base rate to 12.25%... -
Luxembourg: Retail sales growth wanes in August Retail sales expanded 4.6% in year-on-year terms in August, which was a deterioration from July’s 7.8% increase. Sales of food,... -
Argentina: Merchandise exports decline in September Merchandise exports sank 23.5% on an annual basis in September (August: -21.6% year-on-year). Meanwhile, merchandise imports fell 8.3% over the...