Merchandise exports tumbled 25.6% in annual terms in November, following October’s 20.7% slump and marking the worst reading since May...
Latest Global Economic News
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Argentina: Merchandise exports continue to plummet in November -
New Zealand: Consumer confidence strengthens in December The ANZ-Roy Morgan consumer confidence indicator jumped to 112.0 in December from November’s 106.9. Therefore, it marked the best print... -
Italy: Business confidence ticks up in December The National Institute of Statistics (Istat)’s composite business confidence indicator (Clima di Fiducia delle Imprese Italiane, IESE)—which covers the manufacturing,... -
Italy: Consumer confidence improves in December The consumer confidence index rose to 102.4 in December from 98.4 in November. December’s strengthening was broad based. Particularly sharp... -
Saudi Arabia: Oil prices rise further in December; Saudi Arabia to cut production from February Oil prices continued to rise over the last month, supported by positive developments on the Covid-19 vaccine front and solid... -
UAE: Consumer prices fall at sharper rate in November Consumer prices decreased 0.11% in month-on-month terms in November, swinging from October’s 0.04% increase. The reading reflected lower prices for... -
Chile: Economic activity expands for first time in nine months in November In November, the IMACEC economic activity index rose 0.3% on an annual basis, following a 1.2% contraction in October and... -
Indonesia: Inflation hits highest level since June in December Consumer prices rose a seasonally-adjusted 0.45% over the previous month in December, accelerating from November’s 0.28% increase. December’s result marked... -
Israel: Bank of Israel leaves policy unchanged in January At its 4 January meeting, the Bank of Israel (BoI) left the policy rate at 0.10%. This came after the... -
Turkey: Business confidence picks up in December. Business confidence rose to 106.8 in December from November’s 103.9. As such, the index moved further north of the 100-threshold....