At its meeting on 21 July, the Central Bank of the Russian Federation (CBR) hiked its key policy rate by...
Latest Global Economic News
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Russia: Central Bank hikes policy rate in July -
Ireland: Harmonized inflation falls to over one-year low in June Harmonized inflation fell to 4.8% in June from May’s 5.4%. June’s figure represented the weakest inflation rate since September 2021.... -
Argentina: Economic activity deteriorates in May The monthly indicator for economic activity (EMAE) dropped 5.5% year on year in May (April: -4.4% yoy). The figure marked... -
Belgium: Consumer confidence rises in July In July, consumer confidence showed an improvement, rising to minus 6.0 from June’s minus 9.0. This positive shift was observed... -
Turkey: Consumer confidence records worst reading since January in July Consumer confidence came in at 80.1 in July, down from June’s 85.1. July’s result marked the worst reading since January... -
South Africa: SARB holds fire in July but warns tightening cycle is not over At its 18–20 July meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) maintained the repurchase rate... -
Denmark: Consumer sentiment continues to gradually improve in July; still remains pessimistic Consumer sentiment improved for a ninth consecutive month in July and rose to minus 10.1, up from the prior month’s... -
Australia: Unemployment rate stable in June Seasonally-adjusted employment rose by 32,600 in June, following 76,600 jobs added in May. June’s result was driven by an increase... -
Argentina: Merchandise exports drop at a more pronounced rate in June Merchandise exports sank 35.4% over the same month last year in June (May: -24.1% year-on-year). June’s outturn marked the largest... -
New Zealand: Inflation moderates in Q2 Inflation declined to 6.0% in Q2 from 6.7% in Q1. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target...