At its 12 July meeting, the Reserve Bank of New Zealand (RBNZ) left the official cash rate (OCR) unchanged at...
Latest Global Economic News
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New Zealand: RBNZ stands pat in July, but no rate cut in sight -
Turkey: Decline in industrial activity softens in May Industrial output fell 0.2% in year-on-year terms in May, which was a less pronounced contraction than April’s 1.2% decrease. The... -
Uruguay: Industrial output bounces back in May Industrial output grew 0.9% in year-on-year terms in May, which contrasted April’s 3.0% decrease. The reading reflected a broad-based improvement,... -
Serbia: Inflation declines to lowest level since August 2022 in June Inflation came in at 13.7% in June, down from May’s 14.8%. June’s result represented the lowest inflation rate since August... -
Ghana: Inflation rises in June Inflation increased to 42.5% in June from May’s 42.1%. The reading surprised markets to the upside and was driven by... -
India: Inflation rises in June on red-hot tomato prices Inflation came in at 4.8% in June, up from May’s 4.3%. The reading was largely driven by soaring prices for... -
South Africa: Manufacturing production dips in May Manufacturing output fell 1.3% in month-on-month seasonally adjusted terms in May, which contrasted April’s 0.7% increase. Looking at the details... -
Colombia: Merchandise exports rebound in May Merchandise exports soared 17.0% on an annual basis in May, on the heels of April’s 31.5% dive. May’s outturn marked... -
Turkey: Current account deficit increases in May The current account posted a USD 7.9 billion deficit in May, deteriorating from the USD 5.4 billion deficit posted in... -
China: Consumer prices flatline in June; producer prices continue to fall Consumer prices were flat in annual terms in June, below May’s 0.2% rise and undershooting market expectations. June’s figure represented...