According to data released by Colombia’s National Administrative Department of Statistics (DANE) on 12 July, the industrial sector slowed markedly...
Latest Global Economic News
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Colombia: Industrial production slows markedly in May -
Russia: Inflation inches down in June In June, consumer prices rose 0.5% from the previous month, slightly above May’s 0.4% increase and market expectations of a... -
Japan: Machinery orders decline in May Although core machinery orders—a leading indicator of capital spending over a three- to six-month period—contracted in May, the fall was... -
Romania: Inflation steady in June Consumer prices remained flat over the previous month in June, following a 0.5% rise in May. Behind the result were... -
Turkey: Current account deficit widens further in May, triggers market jitters The current account balance recorded a USD 5.9 billion deficit in May, USD 0.5 billion larger than the deficit recorded... -
Malaysia: BNM stands pat during first meeting under new governorship The Monetary Policy Committee (MPC) of Bank Negara Malaysia (BNM) opted to leave the overnight policy rate (OPR) unchanged at... -
Indonesia: Growth in retail sales reaches an over one-year high in May In May, retail sales grew 8.3% over the same month last year, above April’s 4.1% increase. May’s figure exceeded market... -
Australia: Consumer sentiment jumps to an over four-and-a-half-year high in July The Westpac-Melbourne Institute Index of Consumer Sentiment jumped from 102.1 in June to 106.1 in July, the highest reading since... -
Czech Republic: Inflation hits seven-month high in June Consumer prices rose 0.4% in June from the previous month, moderating slightly from May’s 0.5% rise. Data released by the... -
Canada: Bank of Canada hikes target for the overnight rate in July On 11 July, the Bank of Canada (BoC) raised its target for the overnight rate by 25 basis points to...