The OPEC oil basket traded at USD 81.9 per barrel on average in February, up 0.3% from the prior month....
Latest Global Economic News
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Saudi Arabia: Oil prices roughly stable in February as investors remain cautious -
China: Export growth soars in November In November, exports expanded 21.1% over the same month in the previous year, following October’s 11.4% rise. Moreover, the print... -
Australia: RBA raises rate again in March; hints at further hikes ahead At its monetary policy meeting on 7 March, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Poland: Business sentiment rises in February Business confidence rose to minus 14.0 in February from January’s minus 18.2. However, the index remained entrenched below the 0-threshold,... -
Chile: Copper prices edge down in February; Chilean copper production rises in January Copper prices dipped in February to USD 8,937 from the prior month’s USD 9,007, and tracked slightly below USD 9,000... -
South Africa: Economy contracts at sharper-than-expected pace in Q4 As anticipated, the South African economy was unable to avoid an economic contraction at the close of 2022. GDP dropped... -
Slovakia: GDP grows at softest pace since Q1 2021 in Q4 GDP growth edged down to 1.1% year on year in the final quarter of 2022, from 1.4% in the third... -
Greece: GDP growth accelerates in the fourth quarter GDP growth improved to 5.2% year on year in the final quarter of last year from 4.4% in the third... -
Philippines: Inflation falls marginally in February Inflation eased slightly to 8.6% in February from January’s 8.7%. Looking at the details of the release, softer price growth... -
Costa Rica: Inflation drops to one-year low in February Inflation fell to 5.6% in February, following January’s 7.7%. February’s reading marked the weakest inflation rate since February 2022. The...