At its monetary policy meeting on 23–24 August, Bank Indonesia (BI) left the seven-day reverse repo rate unchanged at 5.75%...
Latest Global Economic News
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Indonesia: Central Bank stands pat again in August -
Argentina: Merchandise exports slide at a more moderate rate in July Merchandise exports shrank 22.4% over the same month last year in July (June: -35.8% year-on-year). Meanwhile, merchandise imports dived 19.1%... -
Lithuania: Industrial activity swings into contraction in July Industrial production collapsed 9.0% year on year in July (June: +6.9% yoy). The downturn was largely due to drops in... -
France: Business confidence deteriorates in August Business confidence fell to 99.2 in August from July’s 100.0. August’s result marked the worst reading since April 2021. As... -
Denmark: Business sentiment falls to four-month low in August Business sentiment in the industrial sector deteriorated in August, dropping to a four-month low of minus 7.0, down from July’s... -
Korea: BOK holds fire for fifth consecutive time at August meeting At its meeting on 24 August, the Bank of Korea (BOK) kept the base rate unchanged at 3.50% for the... -
Spain: Harmonized inflation rebounds in July Harmonized inflation rose to 2.1% in July from 1.6% in June, when it marked an over two-year low. A softer... -
Russia: Industrial output growth slows in July Industrial output rose 4.9% compared to the same month a year earlier in July, which followed June’s 5.8% increase. July’s... -
Poland: Industrial activity decreases at sharper pace in July Industrial output decreased 2.7% year on year in July (June: -1.1% yoy). Looking at the details of the release, mining... -
Portugal: Consumer confidence rises to over one-year high in July Consumer confidence rose to minus 20.9 in July from June’s minus 23.2. July’s result marked the best performance since February...