According to a second estimate, GDP dropped 0.4% on a seasonally-adjusted quarter-on-quarter basis in the third quarter (flash estimate: -0.2%...
Latest Global Economic News
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Mexico: Economy records sharpest contraction since Q2 2020 in Q3 according to second estimate -
United States: Fed hikes by 25 basis points in March At the meeting on 21–22 March, the Federal Open Market Committee (FOMC) increased the target range for the federal funds... -
Netherlands: Consumer sentiment increases in March Consumer sentiment rose to minus 39.0 in March from February’s minus 44.0. March’s result marked the best reading since March... -
Norway: Norges Bank meets expectations and resumes tightening cycle in March At its 22 March meeting, the Executive Board of Norges Bank unanimously voted to resume its tightening cycle and deliver... -
United Kingdom: Inflation comes in at highest level since December 2022 in February Inflation ticked up to 10.4% in February, slightly above January’s 10.1% and exceeding market expectations. February’s figure represented the highest... -
Korea: Manufacturing firms’ month-ahead sentiment rises in March Month-ahead business sentiment among manufacturing firms rose to 66.0 in March from February’s 65.0. Despite the uptick, the index remained... -
Brazil: COPOM stays put for fifth consecutive meeting in March At its 21–22 March meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank (BCB) decided to maintain the benchmark... -
Peru: Economic activity falls at sharpest rate since February 2021 in January Economic activity slid 1.1% compared to the same month a year earlier in January, which contrasted December’s 0.9% increase. The... -
South Africa: Inflation accelerates in February Inflation came in at 7.0% in February, which was up from January’s 6.9%. Looking at the details of the release,... -
Canada: Inflation falls to lowest level since January 2022 in February Inflation dropped to 5.2% in February, following January’s 5.9% and below market expectations. February’s figure marked the weakest inflation rate...