Consumer prices dropped 0.04% from the previous month in July, swinging from the 0.50% rise recorded in June. July’s result...
Latest Global Economic News
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Switzerland: Inflation remains steady in July -
Serbia: Industrial output decelerates in June Industrial production growth eased to 3.7% year on year in June, down from May’s 8.7% increase. The print reflected softer... -
Saudi Arabia: Oil prices fall in July on recession fears The OPEC oil basket traded at USD 109.3 per barrel on average in July, down 7.3% from the prior month.... -
Mexico: Remittances rise in June Remittances totaled USD 5.2 billion in June, reflecting a 15.6% year-on-year increase, following May’s 14.3% year-on-year expansion. On a cumulative... -
Chile: Economic activity records slowest growth since February 2021 in June Economic activity increased 3.7% in year-on-year terms in June, which was a deterioration from May’s 6.4% increase. June’s outturn marked... -
Colombia: BanRep raises policy rate 150 basis points in June, matching market expectations At its 29 July meeting, the Board of Directors of Colombia’s Central Bank (BanRep) voted to increase the benchmark interest... -
Costa Rica: GDP growth records slowest increase since Q1 2021 in the second quarter Economic growth waned in the second quarter, with GDP increasing 5.4% on an annual basis (Q1: +8.4% year on year).... -
Kazakhstan: Inflation comes in at highest level since September 2016 in July Consumer prices rose 1.10% in July over the previous month, coming in below the 1.60% rise seen in June. July’s... -
Dominican Republic: Central Bank continues tightening cycle in July At its 31 July meeting, the Central Bank of the Dominican Republic (BCRD) raised its policy rate by 50 basis... -
Switzerland: KOF Economic Barometer decreases in July The KOF Economic Barometer fell to 90.1 in July from June’s 95.2. July’s result marked the worst performance since July...