Economic News
 

Get the latest economic news from ForexMart, including updates on the financial market, central bank policy announcements, financial indicators, and other relevant news which can impact the industry.

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Latest Economic News

Inflation in Turkey in April updated the maximum since November 2022


May, 03 2024

In April, the growth rate of consumer prices in Turkey accelerated again, reaching the highest level since November 2022. According to a report by the country's statistical institute (Turkstat), inflation was 69.8% year-on-year, compared with 68.5% in March. The consensus forecast of analysts expected an even more significant increase in inflation – up to 70.33% in annual terms.The cost of utilities in Turkey increased by 55.55% YoY last month, and transport services – by 80.39%. Food prices ros... Read More

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Drop in Inflation Rate of Malaysia


July, 16 2018

The Annual inflation rate of Malaysia declined to 1.3 percent in June from 1.8 percent the month... Read More

Chinese Economic Growth Slowed Down


July, 16 2018

China’s economic performance slackened during the quarter ending in June, which increased c... Read More

Irish Economy to Reach Highest Growth in 2018


July, 13 2018

The economy of Ireland is projected to reach its highest record in 2018 based on the latest outlook... Read More

China’ GDP Forecast Grew Amid Trade War


July, 12 2018

Growth forecast of China increased this year, which is unexpected amid the escalating trade war... Read More

India Becomes 6th Largest Economy and Beat France


July, 12 2018

The World Bank issued the updated economic figures for previous year which showed that India held... Read More

Singapore’s Growth Slackened in Second Quarter of the year


July, 11 2018

The economy of Singapore progressed at a slower rate in the second quarter with the manufacturing... Read More

Australian Consumer Confidence Surge since 2013, Survey says


July, 11 2018

The assessment for Australian consumer sentiment climbed to its highest level since late July 2013... Read More

Britain’s Economy Slightly Grew, Increase Stakes for a Rate Hike


July, 10 2018

The British economy has gained track in May after its slowdown in early 2018, based on the official... Read More

BOJ Maintained Optimistic Forecast for Regional Japan


July, 10 2018

The Bank of Japan (BOJ) kept an optimistic forecast for its entire nine Japanese regions on Monday.... Read More

Canada’s Unemployment Rate Grew by 6.0 Percent in June


July, 09 2018

Job openings in Canada added 31,800 jobs in June compared to the poll of 24,000 on analysts by... Read More

France-EU Combined Forces Against US Tariffs


July, 09 2018

According to the French government yesterday, the United States should anticipate combined forces... Read More

Eurozone PMI Rose in June, Tighter ECB Policies at Bay


July, 05 2018

The eurozone business growth climbed higher in June that incites the European Central bank to... Read More

IMF Review Support NZ Economic Plan


July, 05 2018

The latest annual review by the International Monetary Fund's (IMF) to the New Zealand economy... Read More

C$ Strengthened as Manufacturing Data Support BOC’s Rate Hike


July, 04 2018

The Canadian currency was able to gain strength against the American dollar yesterday as oil prices... Read More

Australia's Central Bank Induces Global Risks


July, 03 2018

The Reserve Bank of Australia (RBA) sustained the interest rates at a record low for 23 consecutive... Read More

South Korea’s Exports Declined in June


July, 03 2018

Exports from South Korea had fallen in June following a strong rebound in May amid issues on trade... Read More

U.S. Slowed Down Growth as Weakened Consumer Spending


July, 02 2018

The U.S. economy slowed down compared in the first quarter as the consumer spending has performed... Read More

Trump’s Auto Tariffs May Harm US Economy, says EU


July, 02 2018

The European Union warns the Trump administration that the newly-imposed tariffs on automotive... Read More

IMF’s Rice Suggests Three Steps to Maintain India’s Growth Rate


June, 29 2018

The  International Monetary Fund (IMF) suggests that India should implement reforms on the... Read More

Japan’s Industrial Output Dropped by 0.2% in May


June, 29 2018

Japan’s industrial output declined by 0.2 percent in May compared to the previous month, which is t... Read More

China’s Manufacturing Sector Eased down in June amid Escalating Trade War


June, 28 2018

The manufacturing sector of China muted slightly in June following the unexpected rally in May due... Read More

US GDP Expected to Grow by 5pc


June, 28 2018

Several forecasting experts suggest that the American economy could reach 5% growth during the... Read More

NZ’s Negative Outlook on Business Confidence


June, 27 2018

The business confidence survey of New Zealand signifies a slowdown in the economy that could lead... Read More

Brexit Bill is Official, UK Allowed to Leave the EU


June, 27 2018

The House of Commons speaker made an announcement yesterday about the bill approval on Brexit which... Read More

Home Sales Demand Increased in the South Despite Higher costs


June, 26 2018

Housing starts rose as the summer approaches despite high selling rates and low home inventory. A... Read More

RBNZ Keeps Low rates Amid Slackened Economic Growth


June, 25 2018

The Reserve Bank of New Zealand is expected to maintain the interest rates this week and there are... Read More

New EU Defense Force Plan Proposed by Macron


June, 25 2018

According to a French minister, there were nine European countries expected to lay out their plan... Read More

Japan’s Core Inflation Remains Low in May


June, 22 2018

The core inflation of Japan is still low in the month of May, signifying that the central bank is... Read More

BOE Key Rate Steady at 0.5%


June, 22 2018

Bank of England’s key interest rate remained steady at 0.5 percent according to the announcement m... Read More

IMF’s Cashin to Lift Consumption Tax Rate in Japan


June, 21 2018

An official from International Monetary Fund told Nikkei that Japan should boost its consumption... Read More

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.