Analysts forecast no change to policy rate at August 8 rate-setting meeting given inflation pressures from recent fiscal adjustments.
Slowdown follows a sharp expansion in 2024 and comes ahead of fiscal and budgetary reforms expected to weigh on household consumption.
Hanoi continues to solidify its position as the driving force of Vietnam’s economy, recording robust growth in the first seven months of 2025, despite ongoing global uncertainties.
The Reserve Bank of India has kept the repo rate unchanged at 5.5% as the rupee continues to weaken under pressure from renewed US tariff threats.
Cambodia’s economy expanded by 5.9% in the first half of 2025, supported by strong growth in manufacturing, tourism, and agriculture, according to the National Bank of Cambodia.
The continued slump was largely driven by weak external demand, while structural issues in the automotive sector, Hungary's key industrial segment, have further amplified the downturn.
Seventh consecutive month of growth. New orders rose sharply amid strong demand.
The United States’ effective tariff rate (ETR) has settled at 17% following the latest reciprocal duty announcements on July 27 and July 31, according to Fitch Ratings.
All 11 members of the Monetary Policy Committee (MPC) of the National Bank of Ukraine (NBU) voted to keep the key policy rate at 15.5% per annum at their meeting on July 23, the central bank said on August 4.
Economists argue that in reality it is 65%. On political stage, critics unhappy at “good boy” opposition leader Ozel.
New order growth slows in July.
This time last year, headline rate was 10.5%.
Alarm bells ringing "very strongly", he adds.
Output, employment and purchasing all scaled back.
Czechia’s manufacturing sector recorded a renewed deterioration in operating conditions in July, despite continued gains in output and new orders, as firms accelerated job cuts and scaled back inventories amid persistent uncertainty.
Russia’s manufacturing sector saw its most severe contraction in output since early 2022, to 47, as demand faltered and firms struggled with financial pressures, according to new data from S&P Global released on August 1.
2024 saw some progress in the fight against world hunger after the number of undernourished people rose once again between 2017 and 2021 due to global crises such as the Covid-19 pandemic.
Poland’s CPI growth eased to 3.1% year on year in July from 4.1% y/y the preceding month, the country’s statistical office GUS said in a flash estimate on July 31. (chart)
The State Bank of Vietnam (SBV) has announced an increase in the 2025 credit growth quota for commercial banks in a bid to stimulate economic growth, as inflation remains under control.