At its meeting on 23 February, the Bank of Korea (BOK) kept the base rate unchanged at 3.50%. The decision...
Latest Global Economic News
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Korea: BOK keeps rates unchanged and suggests end to hiking cycle in February -
Taiwan: Industrial output shrinks at a softer rate in February Industrial output decreased 8.7% in year-on-year terms in February, which was markedly softer than January’s 21.0% decrease but still marked... -
Austria: Harmonized inflation comes in at highest level since October 2022 in January Harmonized inflation rose to 11.5% in January, above December’s 10.5%. January’s result marked the highest inflation rate since October 2022.... -
Slovakia: Harmonized inflation inches up in January Harmonized inflation came in at 15.1% in January, which was up from December’s 15.0%. January’s reading was the highest inflation... -
Peru: GDP grows at softest pace since Q4 2020 in the fourth quarter amid social unrest GDP growth lost steam in Q4, falling to 1.7% year on year, from 2.0% in the third quarter. High inflation... -
Belarus: Central Bank cuts rates again in February On 23 February, the National Bank of the Republic of Belarus (NBRB) announced that it would reduce the refinancing rate... -
Cyprus: Harmonized inflation drops to lowest level since March 2022 in January Harmonized inflation fell to 6.8% in January, following December’s 7.6%. January’s figure marked the lowest inflation rate since March 2022.... -
Turkey: Business confidence picks up in February Business confidence rose to 102.4 in February from January’s 101.7. February’s result marked the best performance since July 2022. As... -
Poland: Industrial output growth speeds up in January Industrial output expanded 2.6% in year-on-year terms in January, which was above December’s 1.0% increase. January’s reading was largely driven... -
Germany: Business confidence in February hits highest reading since June 2022 but remains pessimistic Business confidence came in at 91.1 in February, up from January’s 90.1. February’s result marked the strongest sentiment since June...