On 6 March, the Bank of Canada (BOC) left the target for the overnight rate at 5.00%, and announced it...
Latest Global Economic News
-
Canada: Central Bank stays put in March -
Korea: Inflation comes in at highest level since December 2023 in February Inflation ticked up to 3.1% in February from January’s 2.8%. February’s result represented the highest inflation rate since December 2023.... -
Australia: GDP records slowest increase since Q3 2022 in Q4 GDP growth ebbed to 0.2% on a seasonally adjusted quarter-on-quarter basis in the fourth quarter, from 0.3% in the third... -
Ecuador: Inflation remains steady in February Inflation held steady at January’s 1.4% in February. Looking at the details of the release, higher year-on-year food prices in... -
France: Industrial output contracts at sharpest rate since March 2023 in January Industrial production fell 1.1% month on month in seasonally adjusted terms in January (December: +0.4% mom). The outturn marked the... -
Philippines: Inflation comes in at highest level since December 2023 in February Inflation rose to 3.4% in February, above January’s 2.8% but still within the Bangko Sentral Pilipinas’ target of 2.0–4.0%. February’s... -
Italy: Economic growth steady in Q4 Quarter-on-quarter seasonally adjusted GDP growth was stable at Q3’s 0.2% in Q4. On an annual basis, economic growth gained traction,... -
South Africa: Economy dodges recession in Q4 The South African economy avoided a technical recession by a whisker in the fourth quarter of 2023, when GDP rebounded... -
Switzerland: Inflation drops to lowest level since September 2021 in February Inflation came in at 1.2% in February, down from January’s 1.3%. February’s figure marked the weakest inflation rate since September... -
Korea: Merchandise export growth slows in February Merchandise exports rose 4.8% on an annual basis in February, slowing from January’s 18.0%. February’s outturn marked the weakest growth...