On 23 March, the Central Bank of the Republic of Turkey (TCMB) fulfilled market expectations by keeping the one-week repo...
Latest Global Economic News
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Turkey: TCMB stands pat in March -
United Kingdom: BoE hikes by 25 basis points in March On 23 March, the Bank of England (BoE) increased the bank rate 4.00% to 4.25%, marking the eleventh consecutive rate... -
Singapore: Inflation falls to lowest level since May 2022 in February Inflation came in at 6.3% in February, down from January’s 6.6%. February’s reading marked the lowest inflation rate since May... -
Denmark: Consumer sentiment continues to gradually improve in March; remains deeply pessimistic Consumer sentiment improved further in March, coming in at minus 23.1, up from February’s minus 25.1. As such, the index... -
Turkey: Consumer confidence eases and remains pessimistic in March Consumer confidence came in at 80.1 in March, down from February’s 82.5. As a result, the index remained entrenched below... -
Lithuania: Decline in industrial output softens in February Industrial output slid 7.0% year on year in February (January: -7.3% yoy). The smaller drop was partly due to a... -
Uruguay: Economy records sharpest contraction since Q1 2021 in the final quarter of 2022 GDP dropped 0.1% year on year in the fourth quarter, contrasting the 3.4% expansion seen in the third quarter. Q4’s... -
Poland: Industrial output growth speeds up in January Industrial output expanded 2.6% in year-on-year terms in January, which was above December’s 1.0% increase. January’s reading was largely driven... -
Netherlands: Consumer sentiment increases in March Consumer sentiment rose to minus 39.0 in March from February’s minus 44.0. March’s result marked the best reading since March... -
Norway: Norges Bank meets expectations and resumes tightening cycle in March At its 22 March meeting, the Executive Board of Norges Bank unanimously voted to resume its tightening cycle and deliver...