On 24 February, the government presented the budget for FY 2021–2022—which begins on 1 April—to Parliament, sticking to its commitment...
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South Africa: Government presents improved consolidation path, yet still relies on public wage cuts -
Brazil: Industrial business confidence index falls for seventh month running in February The Getulio Vargas Foundation’s (Fundação Getúlio Vargas) industrial business confidence index came in at 96.7 in February, down from 98.4... -
Korea: Consumer confidence picks up but remains in negative territory in February Consumer confidence rose to 97.4 in February from January’s 95.4, amid easing restrictions nationwide on 15 February. As such, the... -
United States: Consumer confidence rises in February Consumer confidence came in at 91.3 in February, up from January’s 88.9. As a result, the index moved closer to... -
Ireland: Consumer confidence rises in February Consumer confidence jumped to 70.8 in February from January’s 64.9. Consequently, the index moved closer to the 100-threshold, but still... -
United Kingdom: Furlough scheme continues to buttress the labor market, notwithstanding fresh lockdown According to the ONS, in October–December the unemployment rate rose to 5.1%—an over four-year high, and up from 5.0% in... -
Argentina: Merchandise exports rebound in January Merchandise exports expanded 7.3% in annual terms in January, strongly contrasting December’s 34.1% slump, which had the worst reading since... -
Argentina: Industrial output expands again in January Industrial output grew 4.4% year-on-year in January, following December’s 5.0% expansion, which had marked the strongest increase since February 2018.... -
Hungary: MNB stands pat in February At its 23 February meeting, the Monetary Council of the Hungarian National Bank (MNB) decided to keep the base rate... -
Poland: Business confidence improves in February, but remains pessimistic Business confidence rose to minus 8.3 in February from January’s minus 9.9. Consequently, the index moved closer to the 0-threshold,...