At its monetary policy meeting on 31 March, the board of the Central Bank of Chile (BCCh) slashed the monetary...
Latest Global Economic News
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Chile: Central Bank braces for recession and slashes benchmark rate to over one-decade low in March -
United States: Consumer confidence hits almost three-year low in March as households worry about growing pandemic The Conference Board’s consumer confidence index fell to 120.0 in March from February’s revised six-month high of 132.6 (previously reported:... -
United States: Home price growth hits one-year high in January The S&P/Case-Shiller 20-city composite home price index was flat on a month-on-month basis in January, matching December’s figure. When adjusted... -
Spain: Second estimate revises growth down in Q4 2019 but remains healthy Economic activity held healthy and stable in the fourth quarter of 2019, according to a second GDP estimate released by... -
Switzerland: KOF economic barometer plunges in March The KOF economic barometer—a leading composite indicator for the Swiss economy—sank to 92.9 in March from a revised 101.8 points... -
Serbia: Industrial production strengthens in February Industrial production growth accelerated to 7.6% in February from 6.3% in January. The robust outturn was driven by broad-based gains... -
Hong Kong: Retail sales plunge at the sharpest rate on record in February Retail sales by volume declined 46.7% year-on-year in February, sharper than January’s revised 23.1% plunge (previously reported: -23.0% year-on-year). Containment... -
Korea: Industrial production rises at the fastest pace in 16 months in February Industrial production, which includes output from the mining, manufacturing, and electricity and gas sectors, increased 11.4% year-on-year in February, contrasting... -
Costa Rica: Economic growth hits one-and-a-half-year high in Q4 2019 but outlook worsens In the fourth quarter of 2019, the economy grew 3.3% compared to the same quarter a year earlier, up from... -
France: Harmonized inflation falls to near three-year low in March In March, consumer prices were stable for a second consecutive month, according to a preliminary release by the Statistical Institute...