Inflation came in at 6.9% in January, which was down from December’s 7.2%. January’s reading marked the lowest inflation rate...
Latest Global Economic News
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South Africa: Inflation drops to lowest level since May 2022 in January -
India: Merchandise exports fall in January Merchandise exports declined 6.6% on an annual basis in January (December: -12.2% year-on-year). Meanwhile, merchandise imports fell 3.6% over the... -
United Kingdom: Labor market stays robust at outset of 2023 According to the ONS, in October–December the unemployment rate registered 3.7%, while the redundancy rate rose but remained below pre-pandemic... -
United Kingdom: Inflation drops to lowest level since August 2022 in January Inflation eased to 10.1% in January from December’s 10.5%. January’s result represented the lowest inflation rate since August 2022, and... -
United States: Retail sales expand at quickest pace since March 2021 in January Retail sales grew 3.0% in month-on-month seasonally-adjusted terms in January, which contrasted December’s 1.1% decrease and far outpaced market expectations.... -
Canada: Housing starts slump in January Housing starts fell 13% in January from December to 215,000 units, the fourth consecutive monthly decline. January’s reading was close... -
Euro Area: Industrial production contracts in December Industrial output decreased 1.1% over the previous month in seasonally adjusted terms in December, contrasting November’s 1.4% increase. December’s result... -
Saudi Arabia: Inflation increases to over one-year high in January Inflation inched up to 3.4% in January, following December’s 3.3%. January’s result marked the highest inflation rate since June 2021.... -
China: House prices rise month on month in January for first time in a year House prices in 70 large- and medium-sized cities increased 0.1% month on month in January, according to a weighted average... -
Australia: Business confidence improves in January The business confidence index produced by National Australia Bank (NAB) rose to 5.9 in January from 0.1 in December. Consequently,...