At its 23 May meeting, the Monetary Council of the Hungarian National Bank (MNB) left its base rate unchanged at...
Latest Global Economic News
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Hungary: MNB narrows interest rate corridor again in May -
Lithuania: Decline in industrial activity softens in April Industrial production declined 9.3% year on year in April (March: -14.9% yoy). April’s softer deterioration was partly driven by a... -
Korea: Consumer sentiment hits one-year high in May Consumer sentiment rose to 98.0 in May from April’s 95.1. May’s result was the strongest since May 2022. However, the... -
Singapore: Inflation rises in April Inflation inched up to 5.7% in April from March’s 5.5%. Looking at the details of the release, prices for transport... -
Denmark: Business sentiment improves further in May but remains pessimistic Business sentiment in the industrial sector improved to a nine-month high of minus 6.0 in May, up from the prior... -
Taiwan: Industrial activity drops at sharpest pace since March 2009 in April Industrial production plunged 22.9% year on year in April (March: -14.5% yoy). The outturn marked the worst reading since March... -
Turkey: Consumer confidence hits highest reading since July 2018 in May Consumer confidence came in at 91.1 in May, up from April’s 87.5. May’s result marked the best performance since July... -
Japan: Core machinery orders decrease in March Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Netherlands: Consumer confidence decreases in May Consumer confidence came in at minus 38.0 in May, down from April’s minus 37.0. As a result, the index remained... -
Israel: Bank of Israel hikes by 25 basis points in May At its 22 May meeting, the Bank of Israel (BoI) raised the policy rate from 4.50% to 4.75%. The decision...