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Nigeria’s FX Buffer Strengthens as Foreign Reserves Rise to $51.29 Billion in June
Nigeria’s foreign exchange reserves increased in June 2026, signaling a stronger external position for Africa’s largest economy. Total reserves climbed to $51.29 billion, up from $49.58 billion recorded...
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Uganda’s Annual Inflation Edges Up to 3.7% in June, Easing Further from Central Bank Target
Uganda’s consumer price inflation picked up in June 2026, with the year-over-year Consumer Price Index (CPI) rising to 3.7%, up from 3.2% in May 2026. The data, updated...
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South Africa’s Budget Deficit Narrows Sharply in May 2026
South Africa’s fiscal position showed a marked month-on-month improvement in May 2026, with the national budget deficit narrowing to -14.62 billion rand from -63.57 billion rand in April 2026...
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Austria Logs Widest Current Account Surplus in 2 Years
In the first quarter of 2026, Austria posted a current account surplus of €7.33 billion, its highest level in two years and up from €6.62 billion in the same period...
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North Macedonia Industrial Output Pulls Back
North Macedonia's industrial production declined by 2.0% year-on-year in May 2026, reversing a 7.6% increase in April. The downturn was mainly driven by mining and quarrying, which fell 3.6% after...
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Portugal Inflation Eases to 3.2% in June
Portugal’s annual consumer price inflation eased to 3.2% in June 2026, down slightly from the more than two-year high of 3.3% recorded in both April and May, according...
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Latvia Retail Sales Rise in May
Retail trade in Latvia grew by 3.3% year-on-year in May 2026, accelerating from a downwardly revised 2.5% increase in April. Sales rose for food products (2.9% vs 1.8% in April)...
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Serbia Retail Sales Picks Up
In May 2026, real retail sales in Serbia increased by 6.2% year-on-year, accelerating from a 5.6% rise in April. Growth was broad-based across the sector, with notable increases in non-food...
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North Macedonia Retail Sales Growth Quickens
North Macedonia’s retail sales increased by 7.3% year-on-year in May 2026, picking up from a 2.1% rise in April. The strongest contribution came from automotive fuel, with sales surging 36.2%...
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Sri Lanka Inflation Rate Rises to 3-Year High
Consumer inflation in Colombo, Sri Lanka’s capital, accelerated to 6.8% in June 2026, up from 5.5% in May and above market expectations of 5.8%. This was the highest rate since...