At its 28 April meeting, the board of directors of Colombia’s Central Bank (BanRep) raised the benchmark interest rate by...
Latest Global Economic News
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Colombia: BanRep raises policy rate by 25 basis points in April -
Spain: Current account surplus widens in January The current account posted a EUR 3.3 billion surplus in January, improving from the EUR 1.2 billion surplus posted in... -
Italy: Harmonized inflation declines to lowest level since May 2022 in March Harmonized inflation came in at 8.0% in March, which was down from February’s 9.9%. March’s figure represented the weakest inflation... -
France: Economy records quickest expansion since Q2 2022 in the first quarter According to a preliminary reading, GDP expanded by 0.2% on a seasonally adjusted quarter-on-quarter basis in the first quarter, above... -
Korea: Industrial output grows at quickest pace since June 2020 in March Industrial output expanded 5.1% in month-on-month seasonally-adjusted terms in March, which contrasted February’s 2.7% decrease. The figure marked the best... -
Taiwan: GDP records sharpest contraction since Q2 2009 in the first quarter GDP declined at a steeper rate of 3.0% year on year in the first quarter, below the 0.4% contraction tallied... -
Euro Area: The economy grows timidly in Q1 The economy grew 0.1% in seasonally adjusted quarter-on-quarter terms in Q1, following Q4 2022’s flat reading and matching market expectations.... -
Italy: Economy expands more than expected in the first quarter The economy grew 0.5% in seasonally adjusted quarter-on-quarter terms in Q1, contrasting Q4 2022’s 0.1% contraction and surprising markets on... -
Russia: Central Bank stays put, remains hawkish in April At its meeting on 28 April, the Central Bank of the Russian Federation (CBR) kept its key policy rate stable... -
Kenya: Inflation drops to lowest level since May 2022 in April Inflation came in at 7.9% in April, which was down from March’s 9.2%. April’s figure represented the weakest inflation rate...