February’s data pointed to a deterioration in the labor market. The number of employed people decreased by 27,235 compared with...
Latest Global Economic News
-
Greece: Unemployment rate rises in February -
Vietnam: Central Bank cuts the benchmark refinancing rate by 50 basis points in March On 31 March, the State Bank of Vietnam (SBV) cut the benchmark refinancing rate from 6.00% to 5.50%. The move... -
Japan: Industrial output records quickest growth since June 2022 in February Industrial production increased 4.5% month-on-month in seasonally-adjusted terms in February (January: -5.3% mom). The print marked the best reading since... -
Dominican Republic: Economic activity growth gains momentum in February Economic activity increased 1.8% compared to the same month of the previous year in February, which was above January’s 0.4%... -
Euro Area: Inflation soars in November amid surging energy prices Harmonized inflation came in at 4.9% in November, above October’s 4.1% reading and marking the highest print since records began... -
Spain: Retail sales growth eases in February Retail sales grew 3.5% in year-on-year terms in February, which was a deterioration from January’s 7.3% increase. The reading was... -
New Zealand: Consumer confidence decreases in March The ANZ-Roy Morgan consumer confidence indicator dropped to 77.7 in March from 79.8 in February. Therefore, the index remained entrenched... -
Croatia: Decline in industrial activity softens in February Industrial production decreased 1.9% year on year in seasonally and working-day adjusted terms in February (January: -2.8% yoy). On a... -
Korea: Industrial activity deteriorates in February Industrial output declined 3.2% in month-on-month seasonally-adjusted terms in February, which contrasted January’s 2.4% increase. February’s notable weakening was largely... -
Switzerland: Retail sales rebound in February Retail sales grew 0.3% year on year in calendar-adjusted terms in February, which contrasted January’s 1.7% decrease. Looking at the...