At its monetary policy meeting on 2 February, the Reserve Bank of Australia (RBA) surprised market analysts by deciding to...
Latest Global Economic News
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Australia: RBA expands quantitative easing at first meeting of 2021 -
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... -
United Kingdom: House price growth pulls back in January According to the Nationwide Building Society, house prices in the United Kingdom fell 0.3% month-on-month in January, contrasting December’s 0.9%... -
Dominican Republic: Decline in economic activity softens in December Economic activity slid 1.0% year-on-year in December (November: -3.4% yoy). The reading marked the best result since February. Over Q4... -
Mexico: Remittances growth hits nine-month high in final month of 2020 Remittances totaled USD 3.7 billion in December 2020 (November: USD 3.4 billion), representing a significant 17.4% increase from the same... -
Panama: Decrease in consumer prices continues to ease on an annual basis in September Consumer prices were up 0.06% from the previous month in September, up from August’s 0.02% increase. The upturn was driven... -
Portugal: Economy virtually stagnates in Q4, contrasting sturdy growth in Q3 A GDP estimate released by the National Statistics Institute on 2 February showed the economy grew a meager 0.4% in... -
Estonia: Industrial production rebounds in December Industrial output increased 0.8% year-on-year in calendar-day adjusted terms in December 2020, contrasting the 1.5% dip recorded in the previous...