On 27 April, the Central Bank of Argentina (BCRA) decided to hike the LELIQ rate to 91.00% from 81.00%. The...
Latest Global Economic News
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Argentina: Central Bank hikes in April -
Brazil: Consumer and business sentiment remain pessimistic in April The seasonally adjusted consumer confidence index published by the Getulio Vargas Foundation (Fundação Getúlio Vargas) dropped to 86.8 in April,... -
Portugal: Consumer confidence picks up but remains pessimistic in April Consumer confidence came in at minus 30.2 in April, up from March’s minus 32.3. April’s result marked the best reading... -
Sweden: Economic growth surprises markets on the upside in Q1 The Swedish economy avoided a technical recession at the outset of 2023. GDP returned to growth and expanded a timid... -
Turkey: TCMB stands pat in April On 27 April, the Central Bank of the Republic of Turkey (TCMB) kept the one-week repo rate unchanged at 8.50%... -
Latvia: GDP growth slows in the first quarter of 2023 GDP growth slowed to 0.7% year on year in the first quarter of 2023 from 1.2% in the previous quarter,... -
Mexico: Merchandise exports rebound in March Merchandise exports rose 3.2% year-on-year in March (February: -2.8% year-on-year). While oil exports fell sharply due to lower oil prices... -
Ireland: GDP records sharpest contraction since Q4 2020 in the first quarter According to a preliminary estimate, GDP dropped 2.7% on a seasonally adjusted quarter-on-quarter basis in the first quarter, contrasting the... -
Belgium: GDP growth accelerates in Q1 2023 According to a preliminary reading, GDP growth increased to 0.4% on a seasonally adjusted quarter-on-quarter basis in the first quarter... -
Korea: Manufacturing firms’ month-ahead sentiment rises to six-month high but remains pessimistic in May Business sentiment among manufacturing firms rose to 72.0 in May from April’s 69.0. May’s result marked the best reading since...