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Canada's raw materials price index rose 33.4% year-on-year in May, up from 31.6% previously.

2026-06-18

Canada's raw materials price index rose 33.4% year-on-year in May, up from 31.6% previously.

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2026-06-18

Ukraine's central bank (NBU) kept its key policy rate at 15% on Thursday, citing war-related challenges, rising energy prices and higher corporate costs. The NBU said it is prepared to raise rates if needed to anchor inflation expectations and steer

Ukraine's central bank (NBU) kept its key policy rate at 15% on Thursday, citing war-related challenges, rising energy prices and higher corporate costs. The NBU said it is prepared to raise rates if needed to anchor inflation expectations and steer inflation back toward its 5% target. The decision, the bank said, reflects a sufficiently tight monetary stance and took into account strong demand for hryvnia savings instruments and mitigation of risks linked to the Middle East war and constrained external financing. Annual inflation eased to 8.2% in May from 8.6% in April, which the NBU attributed to seasonal factors, but it expects inflation to remain near current levels in the coming months and accelerate later this year. The bank flagged energy price rises, prior hryvnia weakness and wage-driven cost pressures as upside risks and projects year-end inflation around 9.4% and 6.5% in 2027.
2026-06-18

Shipping giant Maersk: We have not yet resumed navigation in the Strait of Hormuz.

Shipping giant Maersk: We have not yet resumed navigation in the Strait of Hormuz.
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