On 18 December Saudi Arabia presented its budget for 2019, which is the Kingdom’s largest ever in a bid to...
Latest Global Economic News
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Saudi Arabia: Government unveils an expansionary budget for 2019 despite the recent fall in oil prices -
Turkey: Industrial production falls sharply in October Industrial production declined 5.7% in October in calendar-adjusted year-on-year terms, a deterioration from September’s revised 2.4% decrease (previously reported: -2.7%... -
Indonesia: Trade deficit reaches multi-year high in November, exports contract According to Statistics Indonesia, the country recorded a trade deficit of USD 2.0 billion in November, far larger than markets... -
United Kingdom: Prime Minister Theresa May delays parliamentary vote on Brexit deal, survives leadership challenge In early December, Prime Minister Theresa May postponed a House of Commons vote on the withdrawal agreement, which had initially... -
Philippines: Cash remittances increase at solid pace in October Cash remittances from Overseas Filipino Workers (OFW) increased USD 2.5 billion in October, rising 8.7% over the same month of... -
China: Growth in house prices inches down in November House prices in 70 large- and medium-sized cities rose 0.9% in November in month-on-month terms according to a weighted average... -
Singapore: Non-oil exports contract in November despite a rebound in electronic exports Non-oil domestic exports (NODX) decreased by 2.6% year-on-year in November, contrasting October’s downwardly revised 8.2% expansion (previously reported: +8.3% year-on-year).... -
Belarus: Industrial output growth edges up in November Industrial production expanded 3.1% year-on-year in November, up from 2.8% in October. Meanwhile, annual average industrial production fell to 5.9%... -
Kazakhstan: Industrial production growth continues to lose steam in November The industrial sector continued to lose pace in November, with output growing at a weaker annual pace of 2.3% in... -
Colombia: Consumer sentiment plummets in November The Fedesarrollo consumer confidence index fell sharply in November, tumbling to minus 19.6 points from minus 1.3 points in October....