On 25 August, the Monetary Council of the Hungarian National Bank (MNB) decided to keep the base rate unchanged at...
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Hungary: MNB keeps base rate at historical low in August -
United States: Home price growth slows in June The S&P/Case-Shiller 20-city composite home price index—excluding Detroit due to reporting delays—eased to 0.2% month-on-month in June, down from May’s... -
United States: Consumer confidence falls to the lowest level since May 2014 in August The Conference Board’s consumer confidence index decreased to 84.8 in August from 95.9 in July. Therefore, the index plunged further... -
Brazil: Current account records surplus for fourth month straight in July Brazil’s current account balance registered a surplus for the fourth month straight in July, logging a USD 1.6 billion surplus.... -
Korea: Consumer confidence improves in August but remains pessimistic The Bank of Korea’s composite consumer sentiment index increased to 88.2 in August from July’s 84.2. August’s result marked the... -
Ireland: Consumer confidence deteriorates in August The KBC Bank Ireland/ESRI consumer confidence index came in at 58.9 in August, down from July’s 62.6 and marking the... -
Czech Republic: Economic sentiment inches up in August but consumer confidence deteriorates The economic sentiment indicator, published by the Czech Statistical Office (CSO), edged up to 87.0 in August (July: 86.7). The... -
Hungary: Economic sentiment drops as consumers grow more pessimistic in August The GKI economic sentiment index, a composite indicator, slid to minus 19.0 in August from minus 18.2 in July. August’s... -
Angola: Kwanza continued to depreciate in August due to Covid-19 and low oil prices On 21 August, the Angolan kwanza traded at AOA 589.0 per USD. This marked a 5.4% month-on-month depreciation, while the... -
Nigeria: Economy contracts heavily in Q2 on double pandemic and oil price blow The economy was dealt a severe blow by the oil price slump and Covid-19-induced restrictions in the second quarter. Economic...