After eight consecutive months of logging surpluses, Brazil’s current account balance posted a USD 5.4 billion deficit in December, widening...
Latest Global Economic News
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Brazil: Current accounts posts a deficit in the final month of 2020 -
United States: Fed keeps rates at effective floor in January and sustains commitment to expanding its balance sheet At its 26–27 January meeting, the Federal Open Market Committee (FOMC) decided to hold the target range for the federal... -
Ireland: Consumer confidence falls to three-month low in first month of 2021 The KBC Bank Ireland/ESRI consumer confidence dived to 64.9 in January from December’s 74.6 and marking the lowest reading since... -
Thailand: Manufacturing activity rebounds in December Manufacturing production increased 1.5% month-on-month in seasonally-adjusted terms in December, which contrasted November’s 1.2% fall. On an annual basis, manufacturing... -
Philippines: Merchandise exports swing into contraction in the last month of 2020 Merchandise exports dropped 0.2% in annual terms in December, contrasting November’s 4.0% growth. December’s downturn was largely attributed to plunging... -
Korea: Consumer confidence improves in January Consumer confidence jumped to 95.4 in January from December’s 91.2. As a result, the index moved closer to the 100-point... -
Costa Rica: Central Bank maintains monetary policy at January meeting At its meeting on 27 January, the Central Bank of Costa Rica opted to leave the monetary policy rate at... -
Brazil: Industrial business confidence index falls for sixth month running in January The Getulio Vargas Foundation’s (Fundação Getúlio Vargas) industrial business confidence index came in at 98.4 in January, down from 100.1... -
Czech Republic: Economic sentiment weakens in January amid tighter coronavirus restrictions The economic sentiment indicator, published by the Czech Statistical Office (CSO), dropped to 87.3 in January (December: 88.6). The business... -
Turkey: Business confidence improves to near three-year high in January Business confidence rose to a 32-month high of 107.0 in January from December’s 106.8. As such, the index moved further...