Consumer prices dropped 0.73% in February compared to the previous month, after falling 0.13% in January. The fall was largely...
Latest Global Economic News
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India: Both consumer and wholesale price inflation slow in February -
Vietnam: State Bank of Vietnam slashes interest rates in March to safeguard the economy On 16 March, the State Bank of Vietnam (SBV) reduced several interest rates, with the refinancing rate being cut from... -
Indonesia: Exports surge in February while imports continue to decline Indonesia posted a trade surplus of USD 2.3 billion in February, contrasting January’s revised USD 0.6 billion deficit (previously reported:... -
Philippines: Cash remittance growth accelerates sharply in January Cash remittances from Overseas Filipino Workers (OFW) totaled USD 2.6 billion in January, which was down from December’s historic record... -
Czech Republic: CNB cuts rates in emergency meeting; introduces preventive measures in March At an extraordinary meeting held on 16 March, the board of the Czech National Bank (CNB) unanimously decided to axe... -
Ecuador: Economic activity declines in January In January, economic activity fell 0.1% over the same month of last year, according to the monthly economic activity indicator... -
Japan: Bank of Japan acts to buttress the economy At an emergency meeting ending on 16 March, the Bank of Japan (BoJ) loosened its monetary policy to support the... -
Sweden: Riksbank announces new measures to buttress economy On 16 March, the Riksbank announced a raft of new emergency measures to support the economy, in the face of... -
Japan: Core machinery orders rebound in January Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Italy: Inflation inches down in February Consumer prices dipped a revised 0.1% month-on-month in February (previously reported: 0.0% month-on-month), contrasting January’s 0.1% uptick, according to revised...