On 2 February, the Bank of England (BoE) increased the bank rate from 3.50% to 4.00%, marking the tenth consecutive...
Latest Global Economic News
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United Kingdom: BoE hikes by 50 basis points in February -
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... -
Spain: Retail sales improve in December Retail sales rose 3.5% year on year in December 2022 (November: -0.7% yoy). The turnaround was largely driven by expansions... -
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: Business sentiment improves in January The ANZ bank business outlook indicator rose in January. As a consequence, a net 52.0% of firms reported that they... -
Thailand: Manufacturing activity drops at sharper pace in December Manufacturing output dropped 0.7% month-on-month in seasonally-adjusted terms in December (November: -0.6% mom). On an annual basis, manufacturing production fell... -
Brazil: COPOM holds fire for a fourth consecutive time in February At its first meeting of 2023 on 31 January–1 February, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank (BCB)... -
Euro Area: Unemployment rate stable at all-time low in December The seasonally adjusted unemployment rate was stable at Novembers all-time low of 6.6% in December. Six economies had stable unemployment... -
New Zealand: Unemployment rate ticks up in Q4 The seasonally-adjusted unemployment rate rose to 3.4% in Q4 from Q3’s 3.3%. Meanwhile, the underutilization rate—which includes both unemployment and...