Inflation ticked down to 1.6% in July from June’s 1.7%, meeting the Central Bank’s target of below 2%. July’s result...
Latest Global Economic News
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Switzerland: Inflation declines to lowest level since December 2021 in July -
Hong Kong: Retail sales growth picks up pace in June Retail sales rose 17.5% year on year in June (May: +16.5% yoy). The pickup was driven by accelerating food and... -
Peru: Inflation falls in July Inflation came in at 5.9% in July, which was down from June’s 6.5% and marked the lowest reading since January... -
Germany: Merchandise exports rise at stable pace in June Merchandise exports rose 0.1% in June on a month-on-month calendar and seasonally adjusted basis, matching May’s reading. Meanwhile, merchandise imports... -
United Kingdom: BoE hikes by 25 basis points in August On 3 August, the Bank of England (BoE) increased the bank rate from 5.00% to 5.25%, taking total tightening in... -
Uruguay: Inflation drops to lowest level since November 2005 in July Inflation came in at 4.8% in July, down from June’s 6.0%. July’s figure marked the lowest inflation rate since November... -
Turkey: Inflation increases in July Inflation came in at 47.8% in July, which was up from June’s 38.2%. The print marked the first increase since... -
Ukraine: Inflation falls to 17-month low in July Inflation came in at 11.3% in July, down from 12.8% in June. July’s reading marked the lowest inflation rate since... -
Thailand: Central Bank hikes rates further in August At its 2 August meeting, the Monetary Policy Committee of the Bank of Thailand (BoT) hiked the policy rate to... -
Brazil: COPOM kicks off loosening cycle more aggressively than expected in August At its 1–2 August meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank (BCB) kicked off its loosening cycle,...