At its 27 July meeting, the Central Bank of Costa Rica (BCCR) raised rates by 200 basis points—the largest hike...
Latest Global Economic News
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Costa Rica: Central Bank raises policy rate by 200 basis points at July meeting -
Kenya: Central Bank surprises markets and keeps rate unchanged in July At its 27 July meeting, the Monetary Policy Committee (MPC) of the Central Bank of Kenya kept its Central Bank... -
Korea: Consumer confidence falls sharply in July Consumer confidence came in at 86.0 in July, down from June’s 96.4. July’s result marked the weakest sentiment since September... -
Czech Republic: Economic sentiment weakens in July The economic sentiment indicator, published by the Czech Statistical Office (CSO), fell to 95.7 in July from 98.3 in June.... -
Peru: Economic activity records slowest expansion since December 2021 in May Economic activity expanded 2.3% year on year in May (April: +3.7% yoy). The figure marked the worst reading since December... -
Korea: GDP growth remains healthy in Q2 According to a preliminary reading, GDP growth slowed to 2.9% year-on-year in the second quarter, from 3.0% in the first... -
United States: Consumer confidence drops to over one-year low in July Consumer confidence fell for a third straight month to 95.7 in July from June’s 98.4. July’s result marked the weakest... -
Korea: GDP growth remains healthy in Q2 According to a preliminary reading, GDP growth slowed to 2.9% year-on-year in the second quarter, from 3.0% in the first... -
Brazil: Current account deficit narrows in March Brazil’s current account recorded a USD 2.8 billion deficit in March, improving from the USD 5.2 billion shortfall logged in... -
Singapore: Inflation accelerates in June Consumer prices jumped 1.00% in June over the previous month, following the 0.99% increase logged in May. June’s increase came...