The business confidence index produced by National Australia Bank (NAB) nosedived to minus 12.4 points in December from 12.1 points...
Latest Global Economic News
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Australia: Business confidence plummets in December amid the spread of the Omicron variant -
Hungary: MNB delivers eighth consecutive rate hike in January; announces further hikes ahead At its 25 January meeting, the Monetary Council of the Hungarian National Bank decided to raise its base rate to... -
Mexico: Economic activity grows at quickest pace since May in November The monthly indicator for economic activity (IGAE) rose 0.3% month-on-month in seasonally-adjusted terms in November (October: -0.2% mom). The print... -
Germany: Business sentiment rises in January, but remains stuck in pessimism The Ifo Business Climate Index rose to 95.7 in January from December’s nine-month low of 94.8. However, the index remained... -
Turkey: Business confidence rises in January Business confidence rose to 109.5 in January from December’s over one-year low of 106.1. Consequently, the index moved further north... -
Kazakhstan: Central Bank hikes base rate by 50 basis points in January At its meeting in late January, the National Bank of Kazakhstan (NBK) decided to raise the base rate by 50... -
Brazil: Consumer sentiment falls in January The seasonally-adjusted consumer confidence index published by the Getulio Vargas Foundation fell to 74.1 in January, following December’s 75.5 reading.... -
Australia: Inflation accelerates in Q4 In the fourth quarter of 2021, consumer prices rose 1.3% over the previous quarter, following Q3’s 0.8% increase. Q4’s increase... -
Angola: Cabinda prices cool at the close of the year Cabinda oil prices cooled further at the close of last year, averaging USD 74.4 per barrel (pb) in December. This... -
Israel: Composite State of the Economy Index dips in December The Bank of Israel’s Composite State of the Economy Index contracted 0.05% month-on-month in seasonally-adjusted terms in December (November: +0.10%...