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.
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.
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Despite uncertain market conditions amid the Trump administration's tariff regime and major global conflicts, the International Monetary Fund has upped its global economic growth forecasts for 2025 and 2026 slightly, Statista reported on July 30.
Inflation expected by Russian households for the next 12 months did not change in the last month and remain elevated, according to according to InFOM’s survey, commissioned by the Central Bank of Russia (CBR). (chart)