Business conditions in the manufacturing sector are expected to improve in November versus October, according to a survey of manufacturers...
Latest Global Economic News
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Korea: Manufacturers expect business conditions to improve slightly in November -
Euro Area: ECB stands pat for first time in 15 months At its 26 October meeting, the European Central Bank (ECB) kept the main refinancing operations, marginal lending facility and deposit... -
Spain: Unemployment rate rises in third quarter of the year The jobless rate rose to 11.8% in Q3 from 11.6% in the second quarter. In absolute terms, the number of... -
Australia: Inflation moderates in Q3 Inflation declined to 5.4% in Q3 from 6.0% in Q2, marking the softest figure since Q1 2022 but surprising markets... -
New Zealand: Inflation moderates in Q3 Inflation declined to 5.6% in Q3 from 6.0% in Q2. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target... -
Turkey: Tightening cycle continues in October On 26 October, the Central Bank of the Republic of Turkey (CBRT) raised the one-week repo rate to 35.00% from... -
Ukraine: National Bank of Ukraine delivers another drastic rate cut in October At its 26 October meeting, the National Bank of Ukraine (NBU) slashed its key policy rate by 400 basis points... -
Chile: Central Bank cuts rates by less than expected in October On 26 October, the board of the Central Bank of Chile (BCCH) cut the policy interest rate from 9.50% to... -
Israel: Economic prospects for Q4 and 2024 deteriorate due to war —GDP to take a hit in Q4 and 2024. —The shekel has reached an over-decade low in recent weeks. —The... -
United States: Economy records best reading since Q4 2021 in Q3 GDP growth picked up to 4.9% in seasonally adjusted annualized rate terms (SAAR) in the third quarter, from 2.1% in...