Economy
Central banks, inflation, jobs and growth, and the policy decisions that shape the cycle.
UK services growth cools as price pressures complicate rate path
UK services firms grew more slowly in September, but price pressures picked up. That mix complicates the Bank of England's next rate call an
OECD Raises Turkey Inflation Forecasts Again, Cuts Growth Outlook
The OECD now sees Turkey's inflation at 31.5% in 2026, up from its previous 28.4% forecast, while cutting growth expectations again. The rev
OECD: AI investment props up growth as energy costs keep inflation sticky
The OECD says heavy AI infrastructure spending is supporting global growth, even as higher energy costs keep inflation sticky. It now sees 2
Denmark's central bank lifts 2025 growth forecast to 4% on pharma boom
Nationalbanken now expects Denmark's economy to grow 4% this year, driven by a jump in pharmaceutical production overseas. The upgrade highl
Singapore core inflation rises to 2.2% in August, MAS warns of prolonged pressure
Singapore's core inflation picked up to 2.2% in August, up from 2.0% in July. The central bank warns price pressures could persist into 2027
South Africa's inflation test and rate decision loom over markets
South Africa's markets face a pivotal Wednesday as August inflation data and the central bank's repo rate decision arrive. The outcomes will
IMF warns Algeria's currency reserves could fall by more than half by 2031
The IMF expects Algeria's foreign-exchange reserves to shrink from $51 billion in 2025 to $19.8 billion by 2031. Wider current account defic
Morocco holds rates at 2.25% despite 28.4% jump in energy import costs
Bank Al-Maghrib held its benchmark rate at 2.25% on Tuesday, even as it projected a 28.4% jump in the energy import bill. The bank sees infl
Hungary's Central Bank Pauses Rate Cuts, Flags Global Inflation Risks
The National Bank of Hungary kept its base rate at 5.5%, ending a streak of cuts. Policymakers cited global inflation risks and a plan to gr
Germany's Growth Forecast Upgraded, But Long-Term Woes Persist
Germany's leading economic institutes now expect 1.3% growth in 2026 and 1.1% in 2027, up from prior estimates. But a projected slowdown to
Saudi Construction Costs Climb Again as Labor and Equipment Bills Rise
Saudi Arabia's construction cost index rose 2.3% year on year in August, with labor and equipment rentals driving the increase. The data mat
RBI Defends Rupee's 95.80-96 Zone as Liquidity Surplus Shrinks
Traders say the RBI is leaning on state-run banks to sell dollars and using dollar-rupee swaps to defend the 95.80-96 per dollar zone. The i