The consumer confidence index rose to 30 in June from May’s 34. The increase was driven by consumers’ less pessimistic...
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United Kingdom: Consumer confidence picks up in June but remains in negative territory -
Russia: Central Bank slashes key policy rate to record low in June At its meeting on 19 June, the Board of Directors of the Central Bank of the Russian Federation (CBR) chopped... -
Panama: Economic growth slumps to one-decade low at outset of 2020 The economy expanded 0.4% in the first quarter of 2020 compared to the same quarter a year earlier, down from... -
Australia: Unemployment rate jumps to a near 22-year high in June Seasonally-adjusted employment soared by 210,800 in June, following a revised 264,100 jobs lost in May (previously reported: -227,700), as more... -
New Zealand: Economy contracts at sharpest pace in nearly 30 years on initial lockdown effects The economy plunged 1.6% in quarter-on-quarter seasonally-adjusted terms in the first quarter of 2020, contrasting Q4’s 0.5% increase. The reading... -
Indonesia: Central Bank cuts rates in June to support the economy At its 17–18 June monetary policy meeting, Bank Indonesia (BI) cut the seven-day reverse repo rate to 4.25%. The Bank... -
United Kingdom: BoE leaves rates unchanged but boosts bond purchases At its meeting ending on 17 June, the Bank of England (BoE) left the policy rate at a record low... -
Russia: Second estimate confirms slowdown in growth in Q1 amid looming recession ahead The second GDP estimate released by Rosstat on 18 June confirmed that annual growth slowed to 1.6% in the first... -
Taiwan: Central Bank holds rates at record-low level in June At its monetary policy meeting on 18 June, the Board of Directors of Taiwan’s Central Bank unanimously decided to maintain... -
Switzerland: SNB leaves ultra-loose monetary policy in place in June At its meeting on 18 June, the Swiss National Bank (SNB) left its policy rate and the interest rate on...