GDP growth accelerated to 2.2% year on year in the final quarter of 2023 from 1.3% in the third. The...
Latest Global Economic News
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Slovenia: Economy records quickest expansion since Q2 2022 in Q4 -
Norway: Economy exits technical recession in Q4 The Norwegian economy exited a technical recession in the final quarter of 2023, as total GDP expanded 1.5% in seasonally... -
Finland: Monthly economic activity rebounds in January Economic activity expanded 0.9% in month-on-month seasonally adjusted terms in January, which contrasted December’s 0.4% decrease. On an annual basis,... -
United Kingdom: Inflation remains steady in January Inflation came in at 4.0% in January, unchanged from December’s result and twice the Bank of England’s 2.0% target. However,... -
United States: Inflation exceeds market expectations in January Inflation came in at 3.1% in January, which was down from December’s 3.4%. January’s figure represented the weakest inflation rate... -
Saudi Arabia: Saudi crude output remained weak in January; Brent prices drop Brent crude oil prices averaged USD 79.11 per barrel in January, up 2.0% from December. On 31 January, the commodity... -
UAE: UAE crude output remains weak in January; Brent prices fall Brent crude oil prices averaged USD 79.11 per barrel in January, up 2.0% from December. On 31 January, the commodity... -
Turkey: Current account deficit narrows in December The current account recorded a USD 2.1 billion deficit in December, improving from the USD 2.8 billion deficit clocked in... -
Switzerland: Inflation falls to lowest level since October 2021 in January Inflation came in at 1.3% in January, which was down from December’s 1.7% and in line with the Central Bank... -
Hungary: Industrial activity contracts at sharpest rate since June 2020 in December According to a second estimate by the Statistical Institute, industrial output nosedived 8.6% year on year in December (November: -4.8%...