At its 27 July meeting, the Board of Directors of the Central Bank of the Russian Federation (CBR) decided to...
Latest Global Economic News
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Russia: Central Bank holds key rate unchanged again in July -
Italy: Consumer confidence virtually unchanged in July The consumer confidence index released by the National Institute of Statistics (ISTAT) edged up to 116.3 points in July from... -
New Zealand: Consumer confidence slips in July The ANZ-Roy Morgan consumer confidence indicator fell from 120.0 in June to 118.4 in July, marking the lowest print since... -
Colombia: Central Bank keeps interest rate on hold in June At its 27 July Board of Directors meeting, Colombia’s Central Bank (Banco de la República, BanRep) unanimously opted to hold... -
Mexico: Trade deficit widens in June Merchandise trade recorded a USD 0.9 billion deficit in June (May: USD 1.6 billion deficit), widening markedly from the USD... -
Spain: Retail sales rebound in June Retail sales rose 0.6% in year-on-year terms in June, contrasting the revised 0.3% drop recorded in May (previously reported: -0.4%... -
Brazil: Current account surplus narrows in June Brazil’s current account balance came in at a surplus of USD 435 million in June, below the USD 1.3 billion... -
Korea: The economy maintains its growth momentum in Q2 According to preliminary data released by the Bank of Korea on 26 July, the economy grew 2.9% year-on-year in the... -
Spain: Unemployment rate falls to lowest level since the end of 2008 The jobless rate declined to 15.3% in the second quarter, coming in below the 16.7% logged in the first quarter... -
Turkey: New cabinet intensifies concerns over the direction of economic policy On 9 July President Erdogan announced his cabinet, which is a mixture of loyalists and ministers drawn from the private...