Kenya’s economy grows by 4.0% in Q3 ’24
Kenya’s economy recorded a 4.0 per cent growth in the third quarter of 2024, down from 6.0 per cent in the same…
Browsing Tag
Inflation
Bank of Israel maintains rate at 4.5%
Bank of Israel decided on Monday to maintain the interest rate at 4.5 per cent. Economic activity is recovering at…
S. Africa PMI dips below 50 in Dec ’24
South Africa's Purchasing Managers’ Index (PMI) slipped to 49.9 in December 2024, down from 50.9 in November,…
Sri Lanka’s CCPI inflation falls 1.7% in Dec. ’24
Sri Lanka's consumer price index (CPI) fell by 1.7 per cent year-on-year in December, following a 2.1 per cent drop…
Sterling outperforms major currencies against dollar
The pound sterling is set to end 2024 as the top-performing major currency against the dollar, despite a 1.4 per…
Türkiye to balance tax hikes with inflation goals – FinMin
Türkiye will adjust tax increases on fuel and tobacco in 2025 without jeopardising inflation forecasts, Treasury…
Spain annual inflation rises in Dec. ’24
Spain’s annual inflation rate increased to 2.8 per cent in December 2024, up from 2.4 per cent in November,…
ECB rate cut could face delays – Holzmann
European Central Bank Governing Council member Robert Holzmann signalled that the next interest rate cut might be…
Erdogan: 2025 to be landmark for interest rate cuts
Turkey’s President Recep Tayyip Erdogan announced plans to lower interest rates in 2025, reiterating his belief…
Indian rupee hits record low vs USD on Thursday
The Indian rupee fell to a lifetime low of 85.2525 per US dollar on Thursday, marking its seventh consecutive…