Oil prices recovered briskly in January after they plunged to an over one-year low in late December, with the OPEC...
Latest Global Economic News
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Saudi Arabia: Oil prices extend gains in January as OPEC+ cuts oil supply -
Russia: Ruble rallies at start of 2019 The Russian ruble recovered lost ground against the U.S. dollar at the beginning of the new year, after weakening sharply... -
Australia: Weak Christmas shopping prompts the sharpest contraction in retail sales in a year Nominal retail sales in December contracted 0.4% over the previous month in seasonally-adjusted terms, following November’s revised 0.5% expansion (previously... -
Philippines: Inflation eases further in January Consumer prices rose 0.2% over the prior month in January, contrasting the 0.6% decline logged in December. January’s uptick was... -
Australia: RBA stands pat in February At its 5 February monetary policy meeting, the Reserve Bank of Australia (RBA) left the cash rate unchanged at an... -
Colombia: Exports swing to contraction in December According to the National Department of Administrative Statistics (DANE), exports swung to contraction in December from expansion in the previous... -
Ireland: Industrial sector contracts more sharply in December The highly volatile Irish manufacturing industries production index contracted more sharply in December, declining 14.2% in seasonally-adjusted, month-on-month terms. In... -
Chile: Economic activity slows in December According to the IMACEC index, economic activity rose 2.6% year-on-year in December, decelerating from November’s 3.1%. The monthly reading came... -
Chile: Copper prices decline in January Copper prices hit a one-and-a-half year low at the start of the year and recovered somewhat by the end of... -
Latvia: Industrial production rebounds in December According to Latvia’s Central Statistical Bureau, industrial output jumped 4.5% in working day-adjusted year-on-year terms in December, compared to a...