At its 30 June meeting, the board of directors of Colombia’s Central Bank (BanRep) unanimously decided to leave its benchmark...
Latest Global Economic News
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Colombia: BanRep halts rate hikes for first time in 15 meetings in June -
Korea: Industrial output improves in May Industrial output expanded 3.2% in month-on-month seasonally-adjusted terms in May, which contrasted April’s 0.6% decrease. The reading reflected a broad-based... -
Netherlands: Business confidence falls to over two-year low in June Business confidence came in at 1.0 in June, down from May’s 2.1. June’s result marked the weakest reading since February... -
Sweden: Economic sentiment improves further in June The economic tendency indicator (ETI) improved once again in June; it rose to 90.3, up from May’s 89.3, marking the... -
Cyprus: Industrial output rebounds in April Industrial output increased 0.2% in year-on-year terms in April, which contrasted March’s 1.8% decrease. The rebound was driven by a... -
Dominican Republic: Central Bank delivers smaller rate cut at June meeting At its meeting on 29 June, the Central Bank of the Dominican Republic (BCRD) slowed the pace of its loosening... -
Sweden: Riksbank slows tightening pace; delivers 25 basis point hike at June meeting At its 28 June meeting, the Riksbank slowed the pace of its tightening cycle and delivered a 25 basis point... -
Korea: Manufacturing firms’ month-ahead sentiment falls in July Month-ahead business sentiment among manufacturing firms fell to 72.0 in July from June’s 73.0. Consequently, the index remained entrenched below... -
Vietnam: Inflation falls to lowest level since February 2022 in June Inflation came in at 2.0% in June, down from May’s 2.4%. June’s reading marked the lowest inflation rate since February... -
Argentina: Merchandise exports contract in May Merchandise exports sank 24.8% annually in May (April: -29.3% year-on-year). Meanwhile, merchandise imports declined 6.7% over the same month last...