In a heavily politicized press release on inflation, Venezuela’s central bank announced that the government is working “to construct new indicators which would better reflect, analyse and interpret the new […]
Inflation surged above 8% (y-o-y) in each of the last three months, while a widening current account deficit (US$5.8bn in July) continues to put pressure on the lira. Much of […]
As widely expected, the Reserve Bank of Australia (RBA) slashed its cash rate to a new low of 2.5% at the monthly rate-setting meeting held on August 6. The RBA […]
Recent indicators suggest that the German recovery is gaining traction, with many observers predicting that Q2 GDP likely significantly outstripped the 0.1% (q-o-q) expansion seen in Q1. The labour market […]
Brazil’s economy continued to disappoint in the three months to March as real GDP growth rose by a sluggish 1.9% from a year earlier. Although the latest reading came in […]
