The peso traded at ARS 816.0 per USD on 12 January, depreciating 55.1% month on month. Meanwhile, the parallel market...
Latest Global Economic News
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Argentina: New government devalues official peso -
Indonesia: Merchandise exports decline in November Merchandise exports contracted 8.8% annually in November, on the heels of October’s 10.3% fall. The result marked the smallest contraction... -
Canada: Inflation increases in December Inflation came in at 3.4% in December, up from November’s 3.1% and moving further above the Central Bank’s 1.0%–3.0% target... -
United Kingdom: Labor market momentum ebbs at end of Q4 According to the statistical office, vacancy numbers declined in the three months to December for the 18th consecutive period, while... -
Norway: Economic activity growth loses pace in November The Norwegian economy lost some steam halfway through the fourth quarter of 2023, when GDP growth waned to 1.2% in... -
Germany: Base effect pushes up inflation in December Harmonized inflation increased to 3.8% in December, up from November’s 2.3% but slightly lower than the market had been expecting.... -
Ireland: Harmonized inflation rises in December Harmonized inflation came in at 3.2% in December, up from November’s 2.5%. Looking at the details of the release, housing... -
Argentina: Milei unveils wide-ranging reform plan in December – Devaluation, deregulation, budget cuts and political reform are among the measures announced in December. – The package will fuel... -
Israel: Inflation declines to lowest level since December 2021 in December Inflation edged down to 3.0% in December, easing slightly from November’s 3.3% and below market expectations of 3.1%. December’s result... -
Uruguay: Manufacturing production growth moderates in November Manufacturing production grew 2.4% year on year in November (October: +9.1% yoy). Industrial output excluding refinery output expanded at a...