Labor market conditions in the common currency block weakened in December. The number of unemployed people increased by 55,000, while...
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Euro Area: Unemployment rate stable in December -
Poland: Central Bank keeps rates unchanged in February At its meeting on 3 February, the National Bank of Poland (NBP) once again decided to maintain the reference rate... -
Turkey: Inflation hits 17-month high in January Consumer prices rose 1.68% month-on-month in January, up from Decembers 1.25% increase. The uptick reflected a notable increase in health;... -
Chile: Central Bank stands pat in January At its 26–27 January meeting, the board of the Central Bank of Chile unanimously decided to keep the monetary policy... -
Brazil: Industrial output growth moderates in December Industrial output rose 0.9% month-on-month in seasonally-adjusted terms in December (November: +1.1% mom), marking the worst reading since April—albeit coming... -
Italy: Political crisis is likely to have muted economic consequences, but raises outlook concerns Prime Minister Giuseppe Conte resigned on 26 January, opening the door to a period of political uncertainty. Conte’s resignation will... -
Australia: RBA expands quantitative easing at first meeting of 2021 At its monetary policy meeting on 2 February, the Reserve Bank of Australia (RBA) surprised market analysts by deciding to... -
Euro Area: GDP shrinks less than expected in Q4 The Euro area economy shrank a seasonally-adjusted 0.7% from the previous quarter in Q4, contrasting Q3’s record 12.4% rebound. The... -
Italy: Economy contracts in Q4 amid renewed restrictions In Q4, GDP fell 2.0% over the previous quarter in seasonally- and working-day adjusted terms. The result sharply contrasted Q3’s... -
Czech Republic: Economic contraction stabilizes in Q4 The economy shrank 5.0% on a seasonally-adjusted year-on-year basis in Q4 2020, matching the drop recorded in Q3 but beating...