The benchmark interest rate in China was last recorded at 3 percent. This dataset provides the latest reported value for - China Interest Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

United States - Bank Prime Loan Rate was 7.50% in May of 2025, according to the United States Federal Reserve. Historically, United States - Bank Prime Loan Rate reached a record high of 21.50 in December of 1980 and a record low of 3.25 in August of 1955. Trading Economics provides the current actual value, an historical data chart and related indicators for United States - Bank Prime Loan Rate - last updated from the United States Federal Reserve on May of 2025.

Bank Lending Rate in the United States remained unchanged at 7.50 percent in May. This dataset provides - United States Average Monthly Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

China Loan Prime Rate: 1 Year data was reported at 4.310 % pa in 16 Aug 2019. This stayed constant from the previous number of 4.310 % pa for 15 Aug 2019. China Loan Prime Rate: 1 Year data is updated daily, averaging 4.310 % pa from Oct 2013 (Median) to 16 Aug 2019, with 1454 observations. The data reached an all-time high of 5.770 % pa in 16 Jun 2014 and a record low of 4.300 % pa in 04 Apr 2018. China Loan Prime Rate: 1 Year data remains active status in CEIC and is reported by National Interbank Funding Center. The data is categorized under China Premium Database’s Money Market, Interest Rate, Yield and Exchange Rate – Table CN.MA: Rediscount and Lending Rate.

Botswana Nominal Interest Rate: Prime Lending Rate data was reported at 6.010 % pa in Feb 2025. This stayed constant from the previous number of 6.010 % pa for Jan 2025. Botswana Nominal Interest Rate: Prime Lending Rate data is updated monthly, averaging 9.000 % pa from Jan 2003 (Median) to Feb 2025, with 266 observations. The data reached an all-time high of 17.000 % pa in Nov 2008 and a record low of 5.250 % pa in Mar 2022. Botswana Nominal Interest Rate: Prime Lending Rate data remains active status in CEIC and is reported by Bank of Botswana. The data is categorized under Global Database’s Botswana – Table BW.M002: Real and Nominal Interest Rate.

Graph and download economic data for Bank Prime Loan Rate (DPRIME) from 1955-08-04 to 2025-06-05 about prime, loans, interest rate, banks, interest, depository institutions, rate, and USA.

Policy interest rates in the U.S. and Europe are forecasted to decrease gradually between 2024 and 2027, following exceptional increases triggered by soaring inflation between 2021 and 2023. The U.S. federal funds rate stood at 5.38 percent at the end of 2023, the European Central Bank deposit rate at four percent, and the Swiss National Bank policy rate at 1.75 percent. With inflationary pressures stabilizing, policy interest rates are forecast to decrease in each observed region. The U.S. federal funds rate is expected to decrease to 3.5 percent, the ECB refi rate to 2.65 percent, the Bank of England bank rate to 3.33 percent, and the Swiss National Bank policy rate to 0.75 percent by 2025. An interesting aspect to note is the impact of these interest rate changes on various economic factors such as growth, employment, and inflation. The impact of central bank policy rates The U.S. federal funds effective rate, crucial in determining the interest rate paid by depository institutions, experienced drastic changes in response to the COVID-19 pandemic. The subsequent slight changes in the effective rate reflected the efforts to stimulate the economy and manage economic factors such as inflation. Such fluctuations in the federal funds rate have had a significant impact on the overall economy. The European Central Bank's decision to cut its fixed interest rate in June 2024 for the first time since 2016 marked a significant shift in attitude towards economic conditions. The reasons behind the fluctuations in the ECB's interest rate reflect its mandate to ensure price stability and manage inflation, shedding light on the complex interplay between interest rates and economic factors. Inflation and real interest rates The relationship between inflation and interest rates is critical in understanding the actions of central banks. Central banks' efforts to manage inflation through interest rate adjustments reveal the intricate balance between economic growth and inflation. Additionally, the concept of real interest rates, adjusted for inflation, provides valuable insights into the impact of inflation on the economy.

Canada Prime Business Rate data was reported at 4.950 % pa in Apr 2025. This stayed constant from the previous number of 4.950 % pa for Mar 2025. Canada Prime Business Rate data is updated monthly, averaging 5.500 % pa from Jan 1935 (Median) to Apr 2025, with 1084 observations. The data reached an all-time high of 22.750 % pa in Aug 1981 and a record low of 2.250 % pa in May 2010. Canada Prime Business Rate data remains active status in CEIC and is reported by Bank of Canada. The data is categorized under Global Database’s Canada – Table CA.M003: Prime Rate.

South Africa Prime Lending Rate data was reported at 11.000 % pa in Mar 2025. This stayed constant from the previous number of 11.000 % pa for Feb 2025. South Africa Prime Lending Rate data is updated monthly, averaging 10.500 % pa from Jan 2000 (Median) to Mar 2025, with 303 observations. The data reached an all-time high of 17.000 % pa in May 2003 and a record low of 7.000 % pa in Oct 2021. South Africa Prime Lending Rate data remains active status in CEIC and is reported by South African Reserve Bank. The data is categorized under Global Database’s South Africa – Table ZA.M005: Prime Lending Rate.

Bank Lending Rate in Thailand decreased to 6.35 percent in May from 6.50 percent in April of 2025. This dataset provides - Thailand Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Forecast: Bank Lending Interest Rate in Canada 2022 - 2026 Discover more data with ReportLinker!

Bank Lending Rate in Ireland increased to 4.15 percent in August from 4.13 percent in July of 2023. This dataset provides the latest reported value for - Ireland Clearing Banks Prime Rate - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

Mauritius Banks Prime Lending Rate data was reported at 9.000 % pa in Mar 2025. This stayed constant from the previous number of 9.000 % pa for Feb 2025. Mauritius Banks Prime Lending Rate data is updated monthly, averaging 8.500 % pa from Mar 2003 (Median) to Mar 2025, with 265 observations. The data reached an all-time high of 12.250 % pa in Jan 2008 and a record low of 6.850 % pa in Mar 2022. Mauritius Banks Prime Lending Rate data remains active status in CEIC and is reported by Bank of Mauritius. The data is categorized under Global Database’s Mauritius – Table MU.M004: Lending Rate.

Nigeria Prime Lending Rate data was reported at 17.960 % pa in Mar 2025. This records a decrease from the previous number of 18.350 % pa for Feb 2025. Nigeria Prime Lending Rate data is updated monthly, averaging 16.540 % pa from Jan 2006 (Median) to Mar 2025, with 231 observations. The data reached an all-time high of 19.660 % pa in Nov 2009 and a record low of 11.130 % pa in Mar 2021. Nigeria Prime Lending Rate data remains active status in CEIC and is reported by Central Bank of Nigeria. The data is categorized under Global Database’s Nigeria – Table NG.M003: Lending Rates.

Key information about Japan Bank Lending Rate

• Japan Bank Lending Rate was reported at 1.625 % pa in Feb 2025.
• This stayed constant from the previous number of 1.625 % pa for Jan 2025.
• Japan Bank Lending Rate data is updated monthly, averaging 1.625 % pa from Jan 1971 to Feb 2025, with 650 observations.
• The data reached an all-time high of 9.250 % pa in Jul 1980 and a record low of 1.375 % pa in Jul 2006.
• Japan Bank Lending Rate data remains active status in CEIC and is reported by CEIC Data.
• The data is categorized under World Trend Plus’s Global Economic Monitor – Table: Bank Lending Rate: Monthly.

The benchmark interest rate in Mexico was last recorded at 8.50 percent. This dataset provides - Mexico Interest Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

In April 2025, global inflation rates and central bank interest rates showed significant variation across major economies. Most economies initiated interest rate cuts from mid-2024 due to declining inflationary pressures. The U.S., UK, and EU central banks followed a consistent pattern of regular rate reductions throughout late 2024. In early 2025, Russia maintained the highest interest rate at 21 percent, while Japan retained the lowest at 0.5 percent. Varied inflation rates across major economies The inflation landscape varies considerably among major economies. China had the lowest inflation rate at -0.1 percent in April 2025. In contrast, Russia maintained a high inflation rate of 10.2 percent. These figures align with broader trends observed in early 2025, where China had the lowest inflation rate among major developed and emerging economies, while Russia's rate remained the highest. Central bank responses and economic indicators Central banks globally implemented aggressive rate hikes throughout 2022-23 to combat inflation. The European Central Bank exemplified this trend, raising rates from 0 percent in January 2022 to 4.5 percent by September 2023. A coordinated shift among major central banks began in mid-2024, with the ECB, Bank of England, and Federal Reserve initiating rate cuts, with forecasts suggesting further cuts through 2025 and 2026.

Prime rents in the major office markets in the Nordics are expected to grow year-on-year between 2024 and 2028, according to a May 2024 forecast. The Norwegian capital Oslo is expected to achieve the highest rental growth by 2028, at 2.9 percent per annum, 0.8 percentage points above the average rental growth forecast for the major European markets. In Europe, central city offices had better investment and development prospects.

Bank Lending Rate in Hong Kong remained unchanged at 5.25 percent in May. This dataset provides - Hong Kong Prime Lending Rate - actual values, historical data, forecast, chart, statistics, economic calendar and news.

Prime Windows Market Outlook

The global prime windows market size was valued at USD 45 billion in 2023 and is projected to reach USD 72 billion by 2032, growing at a CAGR of 6.5% from 2024 to 2032. This notable growth is driven by a combination of factors, including advancements in construction technologies, increasing demand for energy-efficient solutions, and a surge in both residential and commercial building activities. As societies aim to reduce their carbon footprints, the emphasis on sustainable and energy-efficient windows is anticipated to bolster market growth significantly.

One of the primary growth factors for the prime windows market is the rising awareness and regulatory push for energy efficiency in buildings. Governments across the globe are implementing stringent regulations and offering incentives to promote energy-efficient building practices. Windows, being a critical component of building energy performance, are at the forefront of these initiatives. Advances in window technologies, such as triple glazing and low-emissivity coatings, are becoming more prevalent, driving the market growth as more consumers and businesses seek to reduce energy consumption and costs.

Another significant driver is the robust growth in the construction sector, especially in emerging economies. Rapid urbanization and industrialization in countries like India, China, and Brazil are leading to an increased demand for both residential and commercial buildings. Additionally, the trend towards smart cities and sustainable infrastructure development is creating substantial opportunities for the prime windows market. As construction activities continue to surge, the demand for high-quality, energy-efficient windows is expected to rise correspondingly, further propelling the market.

Technological advancements and innovations in window materials and design are also crucial factors contributing to market growth. The development of smart windows, which can adapt to weather conditions and optimize light and heat transmission, represents a significant leap forward. These innovations not only enhance energy efficiency but also improve the overall aesthetics and functionality of buildings. The increasing adoption of such advanced window solutions in both new constructions and renovations is playing a pivotal role in driving the market expansion.

Smart Windows Materials are revolutionizing the way we think about energy efficiency and building design. These materials incorporate advanced technologies that allow windows to adapt dynamically to changing environmental conditions, such as varying levels of sunlight and temperature. By adjusting their properties, smart windows can significantly reduce the need for artificial lighting and heating or cooling, thereby lowering energy consumption. This innovation not only contributes to sustainability goals but also enhances the comfort and functionality of living and working spaces. As the technology continues to evolve, the integration of smart windows materials is expected to become a standard feature in both residential and commercial buildings, aligning with the global push towards smarter, more sustainable urban environments.

From a regional perspective, North America and Europe are currently leading the market, driven by stringent energy regulations and a high degree of environmental consciousness among consumers. However, the Asia Pacific region is anticipated to witness the highest growth rate during the forecast period. The burgeoning construction activities, coupled with growing awareness about sustainable living, are expected to drive the demand for prime windows in this region. Additionally, government policies supporting green buildings are likely to create lucrative opportunities in the Asia Pacific market.

Product Type Analysis

The prime windows market is segmented by product type into single-hung windows, double-hung windows, sliding windows, casement windows, awning windows, and others. Single-hung windows have a fixed upper sash and a movable lower sash, making them a popular choice for traditional and historic homes. Their simplicity and lower cost compared to other window types make them appealing to budget-conscious consumers. However, their limited ventilation and cleaning challenges are notable drawbacks, which have restrained their widespread adoption in modern constructions.

Double-hung windows, on the other hand, offer greater versatility and eas