The National Bank of Kazakhstan (NBK) decided to keep the base rate steady at 9.50% at its monetary policy meeting...
Latest Global Economic News
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Kazakhstan: Central Bank holds base rate in June -
Taiwan: Exports and imports fall in May, pushing up trade surplus to 9-month high Merchandise exports contracted 2.0% in annual terms in May, following April’s 1.3% fall. The slightly sharper overall drop was driven... -
Venezuela: Inflation falls to over two-year low in May but remains sky-high and is expected to spike on... National consumer prices rose 38.6% form the previous month in May, up from April’s 27.5% month-on-month increase and marking the... -
Latvia: Consumer prices register biggest fall in four years in May Consumer prices dropped 0.37% in May over the previous month, a softer drop than the 0.55% drop logged in April.... -
Philippines: Exports plummet over 50% in April Merchandise exports contracted markedly in April, nosediving 50.8% in annual terms as the coronavirus pandemic halted the global economy. April’s... -
Luxembourg: Harmonized consumer prices fall at sharpest pace on record in May Consumer prices fell a seasonally-adjusted 0.2% over the previous month in May, coming in below April’s 0.1% drop. May’s reading... -
Estonia: Annual consumer prices drop at the sharpest rate in over 10 years in May Consumer prices fell 0.67% from the previous month in May, following April’s softer 0.4% drop. The result was largely driven... -
China: Trade data deteriorates markedly in May In May, exports contracted 3.3% over the same month in the previous year, contrasting the 3.5% rise in April. The... -
Hungary: Industrial activity contracts at sharpest pace on record in April Industrial production nosedived 36.6% year-on-year in April (March: -10.0% yoy) according to a first estimate by the Statistical Institute. April’s... -
Spain: Industrial output contracts at sharpest pace on record in April on Covid-19 hit Industrial output collapsed 33.6% year-on-year in seasonally- and calendar-adjusted terms in April, after plummeting 13.7% in March. As a result,...