Inflation edged down to 7.9% in June, following May’s 8.0%. June’s figure represented the weakest inflation rate since May 2022,...
Latest Global Economic News
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Kenya: Inflation falls to over one-year low in June -
Colombia: BanRep halts rate hikes for first time in 15 meetings in June At its 30 June meeting, the board of directors of Colombia’s Central Bank (BanRep) unanimously decided to leave its benchmark... -
Korea: Industrial output improves in May Industrial output expanded 3.2% in month-on-month seasonally-adjusted terms in May, which contrasted April’s 0.6% decrease. The reading reflected a broad-based... -
Netherlands: Business confidence falls to over two-year low in June Business confidence came in at 1.0 in June, down from May’s 2.1. June’s result marked the weakest reading since February... -
Sweden: Economic sentiment improves further in June The economic tendency indicator (ETI) improved once again in June; it rose to 90.3, up from May’s 89.3, marking the... -
Japan: Consumer sentiment rises to over one-year high in June Consumer sentiment came in at 36.2 in June, marginally up from May’s 36.0. June’s result was the strongest since January... -
Cyprus: Industrial output rebounds in April Industrial output increased 0.2% in year-on-year terms in April, which contrasted March’s 1.8% decrease. The rebound was driven by a... -
Dominican Republic: Central Bank delivers smaller rate cut at June meeting At its meeting on 29 June, the Central Bank of the Dominican Republic (BCRD) slowed the pace of its loosening... -
Sweden: Riksbank slows tightening pace; delivers 25 basis point hike at June meeting At its 28 June meeting, the Riksbank slowed the pace of its tightening cycle and delivered a 25 basis point... -
Vietnam: Inflation falls to lowest level since February 2022 in June Inflation came in at 2.0% in June, down from May’s 2.4%. June’s reading marked the lowest inflation rate since February...