At its meeting on 14 July, the Bank of Canada (BoC) held its target for the overnight rate at 0.25%—its...
Latest Global Economic News
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Canada: Bank of Canada keeps rates unchanged in July meeting, but reduces its QE program -
Brazil: Economic activity declines in May Economic activity fell 0.4% in month-on-month seasonally-adjusted terms in May, which contrasted April’s 0.9% increase. The print surprised market analysts,... -
Euro Area: Industrial production contracts in May Industrial output fell a seasonally-adjusted 1.0% over the previous month in May, contrasting April’s 0.6% increase. May’s drop reflected downturns... -
Slovakia: Inflation rises to over one-year high in June Consumer prices rose 0.60% over the previous month in June, moderating from May’s 0.80% rise. The reading was driven by... -
Poland: Central Bank stands pat in July At its meeting on 8 July, the National Bank of Poland (NBP) left the reference rate on hold at 0.10%,... -
Germany: Inflation rises in June Harmonized consumer prices increased 0.40% over the last month in June, following May’s 0.30% increase. The print reflected a notable... -
Turkey: Industrial output grows at record pace in April Industrial output rose 40.7% in year-on-year terms in May, which followed April’s 66.3% surge. May’s figure continued to benefited from... -
Romania: Inflation accelerates in June Consumer prices increased 0.27% from the previous month in June, below the 0.53% rise logged in May. April’s the lowest... -
Romania: Industrial output grows at softer pace in May Industrial output grew 30.4% in year-on-year terms in May, moderating from April’s 64.7% jump. Looking at the details of the... -
Israel: Merchandise exports jump at a slower rate in June Merchandise exports jumped 16.1% year-on-year in June, following May’s 22.7% upturn. Meanwhile, merchandise imports jumped 39.2% on an annual basis...