At its 11 May meeting, the Central Bank of Peru kept its key policy interest rate unchanged at 7.75% for...
Latest Global Economic News
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Peru: Central Bank stands pat in May; hikes possible ahead -
Netherlands: Harmonized inflation rises in April Harmonized inflation rose to 5.8% in April from March’s 4.5%. Looking at the details of the release, a rebound in... -
Ireland: Harmonized inflation falls to over one-year low in April Harmonized inflation came in at 6.3% in April, down from March’s 7.0%. April’s figure represented the lowest inflation rate since... -
China: Credit data disappoints in April In April, Chinese banks distributed CNY 718.8 billion in new yuan loans, down from March’s 3890 billion figure and half... -
Turkey: Current account deficit moderates in March The current account recorded a USD 4.5 billion deficit in March, improving from the USD 8.8 billion deficit clocked in... -
Serbia: Central Bank keeps the policy rate unchanged at 6.00% in May At its meeting on 11 May, the National Bank of Serbia (NBS) decided to keep its key policy rate at... -
Philippines: GDP growth records slowest increase in two years in Q1 Economic activity softened in the first quarter, with GDP expanding 6.4% year on year (Q4 2022: +7.1 yoy). Q1’s reading... -
United States: Inflation falls to two-year low in April Inflation came in at 4.9% in April, down from March’s 5.0%. April’s reading represented the weakest inflation rate since April... -
Austria: Industrial output falls at sharpest rate since July 2022 in March Industrial production declined 3.2% month-on-month in seasonally-adjusted terms in March (February: +3.3% mom). March’s outturn marked the worst reading since... -
Argentina: Industrial output bounces back in March Industrial output expanded 3.1% in year-on-year terms in March, which contrasted February’s 1.7% decrease. Looking at the details of the...