On 8 March, the Bank of Canada (BoC) left its target for the overnight rate at 4.50%, and announced it...
Latest Global Economic News
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Canada: Bank of Canada keeps rates unchanged in March -
Euro Area: GDP growth for the first quarter revised upwards GDP growth accelerated to 0.6% on a seasonally-adjusted quarter-on-quarter basis in the first quarter, according to a complete release. The... -
Bulgaria: GDP growth softens in Q4 GDP growth eased to 2.3% year on year on a seasonally adjusted basis in the fourth quarter, from 3.2% in... -
Romania: Growth accelerates in the fourth quarter GDP growth gathered pace to 4.6% year on year in the fourth quarter, from 3.8% in the third quarter. Household... -
Saudi Arabia: Oil prices roughly stable in February as investors remain cautious The OPEC oil basket traded at USD 81.9 per barrel on average in February, up 0.3% from the prior month.... -
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)... -
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... -
Dominican Republic: Economic activity records softest expansion in two years in January Economic activity grew 0.4% compared to the same month of the previous year in January, which was a deterioration from... -
Norway: Industrial output drops at sharpest pace in nearly 21 years in January Industrial production nosedived 8.3% month on month in seasonally adjusted terms in January, which was a more pronounced drop than... -
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...