Merchandise exports plummeted 22.4% on an annual basis in August (July: -22.4% year-on-year). Meanwhile, merchandise imports plunged 12.4% on an...
Latest Global Economic News
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Argentina: Merchandise exports contract in August -
Ukraine: Economy records first growth since late 2021 in Q2 2023 According to a preliminary estimate, GDP grew 19.5% year on year in the second quarter of 2023, improving from the... -
Malaysia: Inflation holds stable in August Inflation held steady at July’s 2.0% in August. August’s reading represented the lowest inflation rate since August 2021. Looking at... -
Japan: Inflation drops to lowest level since September 2022 in August Inflation inched down to 3.2% in August, following July’s 3.3%. August’s figure represented the weakest inflation rate since September 2022.... -
United Kingdom: BoE keeps rates unchanged in September On 21 September, the Bank of England (BoE) left the bank rate at 5.25%, following 515 basis points of hikes... -
Egypt: Central Bank pauses tightening cycle in September, meeting expectations At its 21 September meeting, the Central Bank of Egypt (CBE) held fire and left the overnight deposit, overnight lending... -
Sweden: Riksbank delivers another rate increase in September, meeting market expectations At its 20 September meeting, the Riksbank delivered another 25 basis point increase, bringing the policy rate to 4.00%—effective from... -
South Africa: SARB holds fire once again in September At its 19–21 September meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) maintained the repurchase rate... -
Italy: Harmonized inflation falls to over one-year low in August Harmonized inflation came in at 5.5% in August, which was down from July’s 6.3%. August’s reading represented the weakest inflation... -
France: Business confidence improves in September Business confidence came in at 100.3 in September, up from August’s 99.9. Consequently, the index moved above the 100-threshold, indicating...