At its 15 December meeting, the European Central Bank (ECB) hiked the main refinancing operations, the marginal lending facility and...
Latest Global Economic News
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Euro Area: ECB hikes rates by 50 basis points in December; hints at further tightening ahead -
United States: Retail sales drop at sharpest rate since December 2021 in November Retail sales dropped 0.6% month-on-month in seasonally-adjusted terms in November (October: +1.3% mom), double the size of the contraction expected... -
France: Business confidence moves further into optimistic territory in December Business sentiment among manufacturing firms rose slightly to 101.4 in December from November’s 101.0. The index lies higher above the... -
Bulgaria: Inflation drops to lowest level since June in November Inflation came in at 16.9% in November, down from Octobers 17.6%. November’s figure represented the lowest inflation rate since June.... -
Costa Rica: Central Bank keeps the policy rate on hold at 9.00% at its December meeting At its 14 December meeting, the Central Bank of Costa Rica (BCCR) kept the policy rate unchanged at 9.00%. Decembers... -
Finland: Harmonized inflation in November comes in at highest level since our records began Harmonized inflation rose to 9.1% in November, following Octobers 8.4%. November’s reading marked the highest inflation rate since our current... -
Japan: Industrial activity drops at sharpest rate since May in October Industrial output fell 2.6% in month-on-month seasonally-adjusted terms in October, which followed September’s 1.7% decrease. October’s figure marked the worst... -
Japan: Core machinery orders grows at quickest pace since April in October Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
United States: Fed dials hikes back to 50 basis points in December At its meeting on 13–14 December, the Federal Open Market Committee (FOMC) decided to raise the target range for the... -
Sweden: CPIF rises again in November Consumer price inflation with a fixed interest edged up to 9.5% in November, above Octobers 9.3%. Looking at the details...