Retail sales expanded 4.3% year on year in April (March: +6.0% yoy). Looking at the details of the release, motor...
Latest Global Economic News
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Poland: Retail sales growth deteriorates in April -
Egypt: Central Bank of Egypt holds fire in May At its meeting on 23 May, the Central Bank of Egypt (CBE)’s Monetary Policy Committee decided to keep the overnight... -
Turkey: Central Bank maintains rates in May At its meeting on 23 May, the Central Bank of the Republic of Turkey (CBRT) decided to keep the 1-week... -
Chile: Central Bank of Chile decreases rates in May At its meeting on 23 May, the Central Bank of Chile decided to lower the monetary policy interest rate (MPR)... -
Ireland: Consumer sentiment deteriorates in May Consumer confidence came in at 65.7 in May, down from April’s 67.8. This marked the fourth consecutive month of decline,... -
Singapore: Economy records best year-on-year growth reading since Q3 2022 in Q1 2024 A second release confirmed that annual GDP growth accelerated to 2.7% in the first quarter of 2024, from 2.2% in... -
South Africa: Inflation falls to lowest level since December 2023 in April Inflation edged down to 5.2% in April from March’s 5.3%. April’s reading marked the lowest inflation rate since December 2023... -
United Kingdom: Inflation falls to over two-year low in April Inflation dropped to 2.3% in April, following March’s 3.2%. April’s figure represented the weakest inflation rate since July 2021, but... -
Indonesia: Central Bank stands pat in May As widely expected, at its meeting on 21–22 May, the Bank Indonesia (BI) held the BI-Rate at 6.25%, on the... -
New Zealand: Central Bank decides to keep rates steady in May At its meeting on 22 May, the Central Bank decided to keep the Official Cash Rate (OCR) at 5.50%. The...