Inflation inched up to 3.3% in June from May’s 3.2%. The trend pointed up slightly, with annual average inflation coming...
Latest Global Economic News
-
Japan: Inflation increases in June -
Russia: Central Bank hikes policy rate in July At its meeting on 21 July, the Central Bank of the Russian Federation (CBR) hiked its key policy rate by... -
Ireland: Harmonized inflation falls to over one-year low in June Harmonized inflation fell to 4.8% in June from May’s 5.4%. June’s figure represented the weakest inflation rate since September 2021.... -
Italy: Harmonized inflation falls to lowest level since April 2022 in June Harmonized inflation came in at 6.7% in June, which was down from May’s 7.9%. June’s figure represented the lowest inflation... -
Turkey: Central Bank hikes again in July On 20 July, the Central Bank of the Republic of Turkey (CBRT) decided to increase the one-week repo rate to... -
South Africa: SARB holds fire in July but warns tightening cycle is not over At its 18–20 July meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) maintained the repurchase rate... -
Denmark: Consumer sentiment continues to gradually improve in July; still remains pessimistic Consumer sentiment improved for a ninth consecutive month in July and rose to minus 10.1, up from the prior month’s... -
Australia: Unemployment rate stable in June Seasonally-adjusted employment rose by 32,600 in June, following 76,600 jobs added in May. June’s result was driven by an increase... -
Portugal: Harmonized inflation drops to lowest level since February 2022 in June Harmonized inflation eased to 4.7% in June from May’s 5.4%. June’s result marked the weakest inflation rate since February 2022.... -
New Zealand: Inflation moderates in Q2 Inflation declined to 6.0% in Q2 from 6.7% in Q1. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target...