At its 23–24 May meeting, the Monetary Policy Committee of the Central Bank of Nigeria decided to increase the key...
Latest Global Economic News
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Nigeria: Central Bank hikes in May; changes Governor in June -
South Africa: Inflation recedes to 11-month low in April Inflation dropped to 6.8% in April, down from March’s 7.1%. April’s reading represented the softest inflation rate since May 2022.... -
Hungary: MNB narrows interest rate corridor again in May At its 23 May meeting, the Monetary Council of the Hungarian National Bank (MNB) left its base rate unchanged at... -
Lithuania: Decline in industrial activity softens in April Industrial production declined 9.3% year on year in April (March: -14.9% yoy). April’s softer deterioration was partly driven by a... -
Korea: Consumer sentiment hits one-year high in May Consumer sentiment rose to 98.0 in May from April’s 95.1. May’s result was the strongest since May 2022. However, the... -
Singapore: Inflation rises in April Inflation inched up to 5.7% in April from March’s 5.5%. Looking at the details of the release, prices for transport... -
Denmark: Business sentiment improves further in May but remains pessimistic Business sentiment in the industrial sector improved to a nine-month high of minus 6.0 in May, up from the prior... -
Taiwan: Industrial activity drops at sharpest pace since March 2009 in April Industrial production plunged 22.9% year on year in April (March: -14.5% yoy). The outturn marked the worst reading since March... -
Belgium: Consumer sentiment deteriorates in May The consumer confidence index came in at minus 9.0 in May, down from April’s minus 6.0. As such, May’s result... -
Israel: Bank of Israel hikes by 25 basis points in May At its 22 May meeting, the Bank of Israel (BoI) raised the policy rate from 4.50% to 4.75%. The decision...