The current account recorded a USD 4.0 billion deficit in June, deteriorating from the USD 2.3 billion shortfall booked in...
Latest News
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Brazil: Current account deficit widens in June -
Angola: Consumer prices increased 2.24% in June over the previous month, picking up from the 2.21% increase recorded in May. Inflation... -
Korea: Economy records first contraction since Q4 2022 in the second quarter GDP reading: GDP declined 0.2% on a seasonally adjusted quarter on quarter basis in the second quarter, contrasting the 1.3%... -
South Africa: Inflation falls to lowest level since August 2023 in June Inflation inched down to 5.1% in June, following May’s 5.2%. June’s figure represented the weakest inflation rate since August 2023... -
Singapore: Inflation falls to lowest level since June 2021 in June Inflation came in at 2.4% in June, which was down from May’s 3.1%. June’s reading marked the weakest inflation rate... -
Canada: Bank of Canada decreases rates in July At its meeting on 24 July, the Bank of Canada (BOC) reduced its target for the overnight rate to 4.50%... -
Malaysia: Inflation holds steady in June Inflation was stable at May’s 2.0% in June. The reading came in below market expectations as the rationalization of diesel... -
Russia: Industrial output records lowest expansion in over a year in June Industrial output rose 1.9% year on year in June (May: +5.3% yoy). The result marked the worst reading since March... -
Nigeria: Central Bank raises rates in July Latest bank decision: At its meeting on 22–23 July, the Central Bank of Nigeria (CBN) raised the Monetary Policy Rate... -
Hungary: Central Bank decreases rates in July At its meeting on 23 July, the Monetary Council decided to lower the Central Bank base rate by 25 basis...