On 15 September, the Central Bank of Argentina (BCRA) decided to hike the LELIQ rate to 75.00% from 69.50% in...
Latest Global Economic News
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Argentina: Central Bank hikes interest rate again in September -
Kenya: Inflation soars to over five-year high in September Inflation came in at 9.2% in September, up from August’s 8.5%. September’s figure represented the highest inflation rate since June... -
Brazil: Industrial activity drops at sharpest rate since January in August Industrial output dropped 0.6% month on month in seasonally-adjusted terms in August (July: +0.6% mom). August’s figure marked the worst... -
Uruguay: Inflation reaches over two-year high in September Inflation rose to 9.9% in September, above August’s 9.5%. September’s result was the highest inflation rate since July 2020. The... -
Colombia: Inflation comes in at highest level since March 1999 in September Inflation came in at 11.4% in September, up from August’s 10.8%, exceeding market expectations. September’s figure represented the highest inflation... -
Philippines: Inflation comes in at highest level since September 2018 in September Inflation came in at 6.9% in September, which was up from August’s 6.3%. September’s result represented the highest inflation rate... -
Latvia: Decline in industrial output softens in August Industrial production declined 0.3% year on year in August (July: -2.9% yoy). Looking at the details of the release, manufacturing... -
Saudi Arabia: Oil prices fall in September on slowing global economy and stronger dollar The OPEC oil basket traded at USD 95.3 per barrel on average in September, down 6.5% from the prior month.... -
Australia: RBA raises rate in October; hints at further hikes ahead At its monetary policy meeting on 4 October, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Spain: Retail sales rebound in August Retail sales expanded 0.8% in year-on-year terms in August, which contrasted July’s 3.2% decrease. Looking at the details of the...