Inflation increased to 3.4% in December from November’s 3.1%, overshooting market expectations and the Fed’s 2% target. Looking at the...
Latest Global Economic News
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United States: Inflation rises in December -
Peru: Central Bank cuts rates again in January At its 11 January meeting, the Central Bank of Peru (BCRP) reduced its key policy interest rate to 6.50% from... -
Serbia: Central Bank stands pat in January At its 11 January meeting, the National Bank of Serbia (NBS) held its key policy rate at 6.50%. It also... -
Brazil: Inflation drops to four-month low in December Inflation came in at 4.6% in December, which was down from November’s 4.7%. December’s reading represented the lowest inflation rate... -
Costa Rica: Economic activity records lowest expansion since April in November Economic activity increased 5.0% in year-on-year terms in November (October: +5.5%). November’s result marked the worst reading since April. November’s... -
Korea: BOK stands pat at January meeting At its meeting on 11 January, the Bank of Korea (BOK) kept the base rate unchanged at 3.50%. The decision... -
Australia: Inflation moderates in November Inflation fell to 4.3% in November from 4.9% in October, marking the lowest reading since January 2022. Softer increases in... -
Netherlands: Harmonized inflation slides in December Harmonized inflation came in at 1.0% in December, which was down from November’s 1.4% and below the Euro area average... -
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... -
Malaysia: Industrial output growth dips in November Industrial output expanded 0.6% year on year in November, which was a deterioration from October’s 2.4% increase. The figure was...