At its meeting on 31 July, the Central Bank decided to maintain the target range for the federal funds rate...
Latest Global Economic News
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United States: Central Bank leaves rates unchanged in July -
Hong Kong: Retail sales drop again in June Retail sales fell 11.2% year on year in June (May: -12.7% yoy). June’s somewhat smaller drop was driven by weaker... -
Korea: Industrial output rebounds in June Industrial output rose 0.5% in month-on-month seasonally adjusted terms in June, which contrasted May’s 0.6% decrease. The turnaround came on... -
Spain: Current account surplus widens in May The current account posted a EUR 5.6 billion surplus in May, improving from the EUR 2.8 billion surplus clocked in... -
Thailand: Merchandise exports growth slows in June Merchandise exports were broadly stable rising just 0.3% in annual terms in June, following May’s 7.5% increase. Meanwhile, merchandise imports... -
Serbia: Industrial output rises in June Industrial output grew 2.0% in year-on-year terms in June, which contrasted May’s 1.1% decrease. The improvement was driven by a... -
Hong Kong: Economic growth gains steam in the second quarter GDP reading: GDP growth improved to 3.3% year on year in the second quarter from 2.8% in the first quarter,... -
Vietnam: Industrial output rises at quickest pace in six months in July Industrial output expanded 11.2% in year-on-year terms in July, which followed June’s 10.9% increase. The figure marked the best reading... -
Vietnam: Inflation rises in July Inflation increased to 4.4% in July, up from June’s 4.3%, inching up closer to the ceiling of the government’s 4.0–4.5%... -
Australia: Retail sales growth ticks down in June Retail sales expanded 0.5% in month-on-month seasonally adjusted terms in June, which was a deterioration from May’s 0.6% increase. That’...