Industrial output dropped 1.0% in month-on-month seasonally-adjusted terms in June, which contrasted May’s 3.0% increase. June’s notable downturn was largely...
Latest Global Economic News
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Korea: Industrial output dips in June -
Australia: Inflation moderates in Q2 Annual inflation came in at 6.0% in Q2, down from Q1’s 7.0% and marking the lowest reading since the third... -
Costa Rica: Central Bank cuts policy rate by 50 basis points in July At its 26 July meeting, the Central Bank of Costa Rica (BCCR) cut the policy rate by 50 basis points... -
Russia: Industrial output growth ebbs in June Industrial output rose 6.5% compared to the same month of the previous year in June, which was a deterioration from... -
Brazil: Current account swings to deficit in June Brazil’s current account recorded a USD 0.8 billion shortfall in June, swinging from the USD 0.3 billion surplus posted in... -
United States: Fed hikes rates as expected in July At the meeting on 25–26 July, the Federal Open Market Committee (FOMC) raised the federal funds rate by 25 basis... -
France: Consumer confidence unchanged in July Consumer confidence was unchanged at June’s 85.0 in July. The index remained entrenched below the 100-threshold, separating pessimism from optimism... -
Czech Republic: Economic sentiment increases in July The economic sentiment indicator, published by the Czech Statistical Office (CSO), rose to 91.4 in July from 90.3 in June.... -
Poland: Business sentiment falls in July Business confidence fell to minus 14.3 in July from June’s minus 11.4. Therefore, the index moved further below the 0-threshold,... -
Hungary: MNB narrows interest rate corridor again in July At its 25 July meeting, the Monetary Council of the Hungarian National Bank (MNB) left its base rate unchanged at...