At its meeting on 23 February, the Bank of Korea (BOK) kept the base rate unchanged at 3.50%. The decision...
Latest Global Economic News
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Korea: BOK keeps rates unchanged and suggests end to hiking cycle in February -
Taiwan: Industrial output shrinks at a softer rate in February Industrial output decreased 8.7% in year-on-year terms in February, which was markedly softer than January’s 21.0% decrease but still marked... -
Austria: Harmonized inflation comes in at highest level since October 2022 in January Harmonized inflation rose to 11.5% in January, above December’s 10.5%. January’s result marked the highest inflation rate since October 2022.... -
Slovakia: Harmonized inflation inches up in January Harmonized inflation came in at 15.1% in January, which was up from December’s 15.0%. January’s reading was the highest inflation... -
Peru: GDP grows at softest pace since Q4 2020 in the fourth quarter amid social unrest GDP growth lost steam in Q4, falling to 1.7% year on year, from 2.0% in the third quarter. High inflation... -
Belarus: Central Bank cuts rates again in February On 23 February, the National Bank of the Republic of Belarus (NBRB) announced that it would reduce the refinancing rate... -
Cyprus: Harmonized inflation drops to lowest level since March 2022 in January Harmonized inflation fell to 6.8% in January, following December’s 7.6%. January’s figure marked the lowest inflation rate since March 2022.... -
Turkey: Business confidence picks up in February Business confidence rose to 102.4 in February from January’s 101.7. February’s result marked the best performance since July 2022. As... -
Poland: Industrial output growth speeds up in January Industrial output expanded 2.6% in year-on-year terms in January, which was above December’s 1.0% increase. January’s reading was largely driven... -
New Zealand: RBNZ delivers further hike in February; strikes hawkish tone At its 22 February meeting, the Reserve Bank of New Zealand (RBNZ) hiked the official cash rate (OCR) to 4.75%...