Australia's central bank keeps rates unchanged at 4.35%
However, the RBA still said that underlying inflation "remains too high."
Retail sales growth disappoints in October
UK retail sales saw a modest increase in October, rising by 0.6% year-on-year, according to fresh data from the British Retail Consortium and KPMG on Tuesday.
Indonesia's Q3 GDP rises 4.95% from a year ago, slightly slower than Q2
JAKARTA : Indonesia's gross domestic product in the third quarter increased 4.95 per cent from a year earlier, its slowest pace in a year, data from the statistics bureau showed on Tuesday, as household consumption showed softer growth.The third-quarter result came slightly below annual growth of 5 per ce
Australia: RBA holds OCR steady – UOB Group
As expected, the Reserve Bank of Australia (RBA) decided to leave its cash rate target unchanged at a 13-year high of 4.35%, UOB Group’s economist Lee Sue Ann notes.
Indonesia's GDP Growth Falls Below 5% to Weakest in a Year
(Bloomberg) — Indonesia’s economic growth slowed last quarter as a spate of factory closures and job cuts weakened consumption, underscoring the challenges facing newly inaugurated President Prabowo Subianto.
South Korea inflation weakest in almost 4 years, sets stage for more rate cuts
SEOUL : South Korea's October headline inflation slowed further to the weakest level in almost four years, data showed on Tuesday, strengthening the case for more interest rate cuts and fueling worries of an undershoot of the Bank of Korea's 2 per cent target.The consumer price index rose 1.3 per cent in
South Korea's Inflation Cools to Slowest Pace Since 2021
(Bloomberg) — South Korea’s inflation slowed more than expected, decelerating to the slowest pace since early 2021 and providing more scope for the central bank to accelerate its policy easing campaign next year should economic momentum sputter.
last updated on 5 Nov 12:42