On 30 January, the Central Bank of Nigeria (CBN) changed the method for calculating the daily official exchange rate, effectively...
Latest Global Economic News
-
Nigeria: Central Bank devalues naira again -
Panama: Economic activity records largest decline in over two years in November Economic activity dropped 2.9% year on year in November (October: +5.1% yoy). The outturn marked the worst reading since February... -
Malaysia: Merchandise exports increase in January Merchandise exports rose 0.4% over the same month last year in January, following December’s 14.8% plunge. January’s outturn marked the... -
Denmark: Danish economy smashes expectations to become top European performer in Q4 According to a preliminary estimate, the Danish economy gained steam in the final three months of 2023, as GDP growth... -
Korea: Consumers’ sentiment rises in February Consumer confidence rose to 101.9 in February from January’s 101.6. With the uptick, the index moved further above the 100-point... -
Angola: Angolan oil output ticks up in January Brent crude oil prices averaged USD 79.11 per barrel in January, up 2.0% from December. On 31 January, the commodity... -
Japan: Core machinery orders record quickest growth since April in December Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Serbia: Inflation decreases in January Inflation came in at 6.5% in January, down from December’s 7.6%. January’s result represented the lowest inflation rate since September... -
Israel: Economy records sharpest contraction since Q2 2020 in Q4 GDP fell 19.4% in seasonally adjusted annualized rate terms (SAAR) in the fourth quarter of 2023, contrasting the 1.8% expansion... -
Sweden: CPIF accelerates in January Consumer price inflation with a fixed interest rate (CPIF) came in at 3.3% in January, which was up from December’s...