At its monetary policy meeting on 16 April, the Central Bank of Uruguay decided to lower its target for the...
Latest Global Economic News
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Uruguay: Central Bank intervenes to support credit and liquidity; lowers M1+ target -
Angola: Cabinda crude oil prices collapse in March; Angolan oil production remains subdued The average price of Angola’s Cabinda crude nosedived to an over four-year low of USD 33.1 per barrel (pb) in... -
Peru: Government unveils region’s largest stimulus package to combat coronavirus crisis The government announced a massive stimulus package worth up to 12% of GDP at the end of March, in a... -
Mexico: Government presents timid response against Covid-19 crisis, jeopardizing economic and credit rating outlook On 5 April, President Andrés Manuel López Obrador (AMLO) unveiled a set of policy measures to placate the economic fallout... -
Ecuador: Economic activity continues to fall in February In February, economic activity declined 0.7% over the same month of last year, according to the monthly economic activity indicator... -
Peru: Economic activity gains steam in February In February, economic activity grew 3.8% year-on-year, accelerating from January’s 3.0% outturn. In terms of industries, February’s expansion was underpinned... -
Guatemala: Growth in economic activity slows to over one-year low in February Growth in economic activity eased from January’s upwardly revised 4.3% (previously reported: +3.6% year-on-year) to 2.6% in February, an over... -
Singapore: Non-oil exports jump in March on low base effect Singapore’s non-oil domestic exports (NODX) jumped 17.6% year-on-year in March, up from the revised 3.1% increase in February (previously reported:... -
Guatemala: Economic growth eases slightly in Q4 2019 but stays solid The economy expanded 3.9% year-on-year in the fourth quarter of last year, slightly down from the prior quarter’s upwardly revised... -
Angola: Economy remains stuck in recession in Q4 2019 The economy contracted 0.8% on an annual basis in the fourth quarter, softening slightly from the previous quarter’s 1.2% fall...