At its meeting on 30 March, the Governing Board of the Bank of Mexico (Banxico) delivered a 25 basis-point hike,...
Latest Global Economic News
-
Mexico: Banxico hikes by 25 basis points in March -
Korea: Manufacturing firms’ month-ahead sentiment picks up in April Month-ahead business confidence among manufacturing firms came in at 69.0 in April, up from March’s 66.0. As a result, the... -
Netherlands: Business confidence hits highest reading since August 2022 but remains pessimistic in March Business confidence rose to 4.0 in March from February’s 3.7. March’s result marked the strongest sentiment since August 2022. As... -
Argentina: Economic activity rebounds in January The monthly indicator for economic activity (EMAE) rose 2.9% year on year in January (December: -1.0% yoy). The notable rebound... -
Thailand: Manufacturing production expands at fastest pace in six months in February Manufacturing production rose 1.5% month-on-month in seasonally-adjusted terms in February (January: +0.6% mom). On an annual basis, manufacturing production fell... -
New Zealand: Business sentiment virtually unchanged in March The ANZ bank business outlook indicator dipped in March. As a consequence, a net 43.4% of firms reported that they... -
South Africa: SARB surprises markets and accelerates pace of tightening in March At its 28–30 March meeting, the Monetary Policy Committee of the South African Reserve Bank (SARB) increased the repurchase rate... -
Cyprus: Industrial output decreases at softer pace in January Industrial output fell 0.9% in year-on-year terms in January, which was a smaller drop than December’s 2.1% decrease. The softer... -
Portugal: Business and consumer sentiment improve in August Consumer sentiment rose to minus 25.3 in August, from July’s minus 27.1. The improvement came as households grew less downbeat... -
Egypt: Central Bank meets expectations and resumes tightening cycle in March At its 30 March meeting, the Central Bank of Egypt (CBE) resumed its tightening cycle and delivered a 200 basis...