Retail sales plunged 18.2% in February (January: -16.3% yoy). The sharper drop was largely driven by falling sales of food,...
Latest Global Economic News
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Indonesia: Retail sales worsen in February; improvement expected for March -
United States: Inflation hits highest level since August 2018 in March Consumer prices rose a seasonally-adjusted 0.62% from the previous month in March, following February’s 0.35% rise. March’s reading marked the... -
Kazakhstan: Industrial output notches quickest growth since April 2020 in March Industrial output rose 4.0% in March (February: +0.2% yoy), marking the best result since April 2020. March’s notable upturn was... -
Turkey: Industrial output growth softens in February Industrial output grew 8.8% in year-on-year terms in February, down from January’s 11.3% increase. The print reflected a marked uptick... -
Romania: Inflation edges down in March Consumer prices increased 0.38% over the previous month in March, a smaller rise than the 0.41% reading logged in February.... -
Brazil: Retail sales rebound in February Retail sales rose 0.6% in month-on-month seasonally-adjusted terms in February, which contrasted January’s 0.2% decrease. February’s figure was largely driven... -
China: Credit growth slows in March In March, Chinese banks distributed CNY 2.7 trillion (roughly USD 410 billion) in new yuan loans, beating market expectations and... -
Finland: Current account surplus increases in February The current account recorded a EUR 0.4 billion surplus in February, swinging from the EUR 0.7 billion deficit recorded in... -
Uruguay: Industrial activity declines at softer pace in February Industrial production fell 0.2% year-on-year in February (January: -3.8% yoy). The figure largely reflected a marked drop in petroleum production... -
Norway: Economic activity shrinks at a softer pace in February Economic output decreased 0.7% over the prior month in February in seasonally-adjusted terms, reducing slightly from the 0.9% drop in...