At its 24 October meeting, the Monetary Council of the Hungarian National Bank (MNB) cut its base rate to 12.25%...
Latest Global Economic News
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Hungary: MNB cuts base rate after holding for a year -
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... -
Taiwan: Decline in industrial output softens in September Industrial production fell 6.7% year on year in September (August: -10.8% yoy). The print marked the best reading since August... -
Lithuania: Decline in industrial activity softens in September Industrial output slid 2.6% compared to the same month a year earlier in September, which was above August’s 7.0% decrease.... -
Argentina: Economic activity records quickest growth since March in August The monthly indicator for economic activity (EMAE) increased 0.3% year on year in August (July: -1.4% yoy). August’s figure marked... -
Ecuador: Economic activity growth gains steam in August Economic activity rose 4.3% year on year in August (July: +3.9% yoy). Meanwhile, the trend pointed down, with the annual... -
Israel: Central Bank stays put in October At its 23 October meeting, the Bank of Israel (BOI) kept the policy rate at 4.75%, following 465 basis points... -
Portugal: Harmonized inflation slides in September Harmonized inflation dropped to 4.9% in September below August’s 5.3%. Looking at the details of the release, housing and utilities... -
Netherlands: Harmonized prices post biggest decline since July 2016 in September Harmonized prices declined 0.3% in annual terms in September, contrasting August’s 3.4% rise. September’s reading marked the largest fall in...