Harmonized inflation declined again in February, albeit less than expected by markets, falling to 8.5% from January’s 8.6% reading. It...
Latest Global Economic News
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Euro Area: Inflation ticks down in February -
Indonesia: Inflation comes in at highest level since December 2022 in February Inflation rose to 5.5% in February, slightly above January’s 5.3%. February’s result was the highest inflation rate since December 2022.... -
Brazil: Economy records sharpest contraction since Q2 2021 in Q4 2022 The Brazilian economy ended 2022 on a sour note. The cumulative 1,175 basis points in Central Bank hikes from March... -
Euro Area: Unemployment rate stable in January The seasonally adjusted unemployment rate was stable at December’s 6.7% in January. Seven economies had stable unemployment rates in January,... -
Hungary: GDP growth slows in the fourth quarter GDP growth moderated to 0.4% year on year in the fourth quarter from 4.0% in the third quarter. A downturn... -
Kazakhstan: Inflation increases in October Consumer prices increased a seasonally-adjusted 0.65% in October over the previous month, picking up from September’s 0.28% increase. October’s figure... -
Lithuania: Industrial activity contracts at sharpest pace since May 2020 in January Industrial output dropped 9.4% year on year in January (December: -7.7% yoy). January’s outturn marked the worst reading since May... -
Chile: Business confidence improves in February Business confidence came in at 42.1 in February, up from January’s 40.7. As such, the index remained entrenched below the... -
Cyprus: GDP grows at softest pace since Q1 2021 in Q4 2022 GDP growth waned to 4.6% year on year in the final quarter of 2022 from 5.5% in the third quarter.... -
Switzerland: Decline in retail sales softens in January Retail sales decreased 2.2% year on year in calendar-adjusted terms in January, which was a less pronounced drop than December’s...