Industrial production dropped 4.4% year on year in December (November: +3.6% yoy). The outturn marked the worst reading since May...
Latest Global Economic News
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Latvia: Industrial output contracts at sharpest rate since May 2020 in December -
Chile: Decline in economic activity softens in December Economic activity decreased 1.0% in year-on-year terms in December, which was an improvement from November’s 2.5% decrease. December’s smaller drop... -
Czech Republic: The Czech National Bank stands pat in February At its 2 February meeting, the Board of the Czech National Bank (CNB) left the two-week repo rate unchanged at... -
United Kingdom: BoE hikes by 50 basis points in February On 2 February, the Bank of England (BoE) increased the bank rate from 3.50% to 4.00%, marking the tenth consecutive... -
Euro Area: ECB hikes rates by 50 basis points in February; hints at further tightening ahead At its 2 February meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Egypt: Central Bank pauses tightening cycle in February, surprising markets At its first scheduled meeting of 2023 on 2 February, the Central Bank of Egypt (CBE) paused its tightening cycle... -
Russia: Industrial activity falls at sharpest rate since October 2020 in December Industrial output fell 4.3% in year-on-year terms in December, which was a larger contraction than November’s 1.8% decrease. December’s outturn... -
Euro Area: Inflation soars in November amid surging energy prices Harmonized inflation came in at 4.9% in November, above Octobers 4.1% reading and marking the highest print since records began... -
New Zealand: Inflation stable in Q4 Inflation was stable at Q3’s 7.2% in Q4. It therefore remained entrenched above the Central Bank’s 1.0%-3.0% target band. In... -
Indonesia: Inflation decelerates in January Inflation came in at 5.3% in January, down from Decembers 5.5%. January’s result was the lowest reading since August 2022...