In a surprise move, the Monetary Policy Committee (MPC) of the Central Bank of Kenya opted to cut the Bank...
Latest Global Economic News
-
Kenya: Central Bank slashes policy rate to lowest level in three years -
South Africa: Government unveils market-friendly budget; hopes to avert credit rating downgrade on 23 March President Cyril Ramaphosa’s government faced its first major test on 21 February, just six days after Ramaphosa took office, with... -
Panama: Growth in economic activity picks up steam in January The monthly indicator for economic activity (IMAE, Índice Mensual de Actividad Económica) accelerated slightly from 4.0% year-on-year growth in December... -
Hungary: Growth in industrial production quickens in January According to revised data released by the Statistical Institute (KSH) on 19 March, industrial output rose a working-day adjusted 6.7%... -
Japan: Export growth slows in February due to fewer working days; Japan signs CPTPP on 8 March Nominal yen-denominated merchandise exports increased 1.8% year-on-year in February, decelerating substantially from January’s 12.2% rise and coming in just below... -
Ireland: Economic growth jumps in Q4 despite Brexit-related uncertainty The latest national accounts data published by the Central Statistics Office on 19 March showed that the Irish economy remained... -
Canada: Bank of Canada leaves rates unchanged in March on weak incoming data amid concerns over NAFTA and... On 17 March, the Bank of Canada (BoC) left its target for the overnight rate unchanged at 1.25%, as widely... -
Estonia: Inflation moderates in February In February, consumer prices rose 0.9% compared to the previous month, a notable acceleration from January’s 0.4% month-on-month increase and... -
Italy: Inflation falls in February According to revised data released by the National Statistical Institute (Istat) on 16 March, consumer prices remained flat on a... -
Peru: Pace of economic expansion rebounds at the beginning of the year Economic activity regained steam in January, increasing 2.8% year-on-year, more than double the 1.3% growth rate observed in December. January’s...