On 15 March, the State Bank of Vietnam (SBV) cut several interest rates, including lowering the discount rate from 4.50%...
Latest Global Economic News
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Vietnam: Central Bank cuts the discount rate by 100 basis points in March -
Canada: Housing starts rise in May Housing starts rose to 287,257 units on a seasonally-adjusted annualized rate (SAAR) basis in May according to the Canada Mortgage... -
Israel: Inflation declines to lowest level since October 2022 in February Inflation came in at 5.2% in February, down from January’s 5.4%. February’s reading represented the lowest inflation rate since October... -
Ireland: Industrial output rebounds in January Industrial output rose 9.2% in month-on-month seasonally-adjusted terms in January, which contrasted December’s 12.3% decrease. January’s notable pickup was largely... -
Ecuador: Economic activity rebounds in January Economic activity rebounded in January, growing 2.1% year on year (December: -0.2% yoy). The trend weakened slightly, with the annual... -
United States: Retail sales dip in February, but underlying consumer spending is strong Retail sales dropped 0.4% month-on-month in seasonally-adjusted terms in February (January: +3.2% mom), broadly in line with market expectations. A... -
Bulgaria: Inflation slides in February Inflation fell to 16.0% in February from January’s 16.7%. February’s figure represented the lowest inflation rate since May 2022. The... -
Saudi Arabia: Inflation rises in February Consumer prices increased 0.31% over the previous month in February, which was stronger than January’s 0.15% increase. February’s print reflected... -
Costa Rica: Colón strengthens further to a level not seen since January 2017 in March The Costa Rican colón traded at CRC 548 per USD on 10 March, marking a 4.4% appreciation from the same... -
Australia: Business confidence deteriorates in February The business confidence index produced by National Australia Bank (NAB) dropped to minus 4.0 in February from 6.2 in January....