On 12 July, the Bank of Canada (BoC) raised the target for the overnight rate from 4.75% to 5.00%, and...
Latest Global Economic News
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Canada: Bank of Canada hikes rates in July -
Hungary: Decline in industrial activity softens in May According to a second estimate by the Statistical Institute, industrial output dropped 4.2% in year-on-year terms in May, which was... -
Australia: RBA stands pat in July; reiterates further hikes possible ahead At its monetary policy meeting on 4 July, the Reserve Bank of Australia (RBA) left the official cash rate (OCR)... -
Finland: Monthly economic activity growth gains momentum in May Economic activity increased 0.8% month-on-month in seasonally adjusted terms in May (April: +0.1% mom). Looking at the details of the... -
India: Merchandise exports decline in June Merchandise exports plummeted 22.0% annually in June, on the heels of May’s 10.3% dive. June’s result marked the sharpest decline... -
Israel: Inflation moderates in June Inflation came in at 4.2% in June, down from May’s 4.6%. June’s figure represented the weakest inflation rate since May... -
Euro Area: Industrial production growth fades in May Industrial output rose 0.2% over the previous month in seasonally adjusted terms in May, following April’s 1.0% increase. May’s result... -
Sweden: CPIF recedes to 15-month low in June Consumer price inflation with a fixed interest (CPIF) inched down to 6.4% in June, edging down from May’s 6.7%. June’s... -
Panama: Consumer prices register largest decline since January 2021 in June Consumer prices declined 0.6% in annual terms in June, contrasting May’s 0.4% increase. June’s result represented the largest fall in... -
Thailand: Inflation drops to lowest level since August 2021 in June Inflation came in at 0.2% in June, which was down from May’s 0.5%. June’s reading marked the lowest inflation rate...