On 27 March, the government of Egypt—which is currently pursuing a three-year IMF-backed reform program to strengthen its finances—approved its...
Latest Global Economic News
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Egypt: Government remains on fiscal consolidation path with FY 2020 budget -
Kazakhstan: Inflation remains stable in March at over three-year low Consumer prices rose 0.5% over the previous month in March, following a 0.3% month-on-month upturn in February. The latest print... -
Kazakhstan: Nazarbayev relinquishes power after three decades in charge; policy continuity will likely prevail in the near-term On 19 March, President Nursultan Nazarbayev unexpectedly resigned, relinquishing power after three decades of rule since the collapse of the... -
Saudi Arabia: Stronger oil production boosts GDP in Q4 2018 Saudi Arabia’s economy expanded at the fastest pace in three years in the fourth quarter of 2018 on the back... -
Switzerland: Retail sales continue to fall in February According to the Swiss Federal Statistics Office, calendar-adjusted real retail sales fell 0.2% in annual terms in February, matching January’s... -
Russia: Economy ends 2018 on strong note A comprehensive estimate of national accounts data released by Rosstat on 1 April revealed that growth surged in the fourth... -
Indonesia: Inflation dips further in March Consumer prices increased 0.11% in March from the previous month, contrasting February’s 0.08% decline. March’s print was driven by higher... -
Brazil: Business confidence drops in March Business sentiment in Brazil weakened at the end of Q1, with the Getulio Vargas Foundation’s (FGV, Fundaçao Getúlio Vargas) business... -
United States: Retail sales fall in February but revisions show larger gains in January Nominal retail sales fell 0.2% on a seasonally-adjusted month-on-month basis in February, markedly contrasting January’s print—which was revised upwards from... -
Hong Kong: Retail sales free fall in February on seasonal effect and economic slowdown Retail sales by volume fell 10.4% in annual terms in February, markedly contrasting January’s 6.9% growth. The sharp tumble was...