On 15 February, the Monetary Policy Committee of the Central Bank of Uruguay (BCU) maintained the policy rate unchanged at...
Latest Global Economic News
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Uruguay: Central Bank stays put in February -
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... -
Israel: The shekel tumbles in February The ILS traded at 3.67 per USD on 3 March, down 6.9% month on month, 11.6% year on year and... -
Kazakhstan: Industrial output falls at sharper pace in October Industrial output nosedived 6.2% year-on-year in October (September: -3.5% yoy). The notable plunge was largely driven by a sharper drop... -
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,... -
Australia: Consumer sentiment drops in February The Westpac-Melbourne Institute consumer sentiment index decreased to 78.5 in February from 84.3 in January. Consequently, sentiment moved further below...