At its 29 August meeting, the Monetary Council of the Hungarian National Bank (MNB) left its base rate unchanged at...
Latest Global Economic News
-
Hungary: MNB narrows interest rate corridor again in August -
France: Consumer confidence steady but remains in negative territory in August Consumer confidence came in at 85.0 in August, matching July’s reading. Consequently, the index remained entrenched below the 100-threshold, signaling... -
Mexico: Merchandise exports accelerate in July Merchandise exports climbed 2.9% in annual terms in July (June: +1.1% year-on-year). While oil exports tumbled, this was more than... -
Euro Area: Harmonized inflation falls to over one-year low in July Harmonized inflation dropped to 5.3% in July, easing slightly from June’s 5.5% and moving closer to the ECB’s 2.0% target.... -
Brazil: Consumer sentiment improves while business sentiment deteriorates further in August The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) rose to 96.8 in August,... -
Czech Republic: Economic sentiment increases in August The economic sentiment indicator, published by the Czech Statistical Office (CSO), rose to 93.4 in August from 91.4 in July.... -
Germany: Economy flatlines in Q2 after winter recession GDP flatlined on a seasonally adjusted quarter-on-quarter basis in Q2, above the 0.1% contraction that brought the economy into a... -
Argentina: Economic activity decreases at softer pace in June The monthly indicator for economic activity (EMAE) slid 4.4% year on year in June (May: -5.5% yoy). June’s softer drop... -
Turkey: Business confidence deteriorates in August Business confidence fell to 105.0 in August from July’s 106.8. August’s result marked the worst performance since February 2023. Despite... -
Germany: Business confidence declines for third consecutive month in August Business confidence fell to 85.7 in August from July’s 87.4. August’s result marked the worst reading since October 2022 and...