At its monetary policy meeting on 2 November, the Reserve Bank of Australia (RBA) decided to abandon its 0.10% target...
Latest Global Economic News
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Australia: RBA tightens its stance in November -
Chile: Economic activity expands robustly in September Economic activity increased 15.6% in year-on-year terms in September, which was a deterioration from August’s 19.1% increase. The figure marked... -
Colombia: Merchandise export accelerated notably in September Merchandise exports expanded 40.4% year-on-year in September, accelerating markedly from August’s 28.4% growth. Looking at the details of the release,... -
Korea: Inflation comes in at highest level since January 2012 in October Consumer prices increased 0.13% over the previous month in October, below the 0.50% rise logged in September. October’s result marked... -
Indonesia: Inflation comes in at highest level since May in October Consumer prices rose 0.12% over the previous month in October, swinging from September’s 0.04% fall. October’s uptick was the highest... -
Switzerland: Retail sales growth gains steam in September Retail sales increased 2.5% year-on-year in calendar-adjusted terms in September (August: +0.8% c.a. yoy). Looking at the details of the... -
Nigeria: Government announces largest-ever budget for 2022 On 7 October, President Muhammadu Buhari presented the government’s proposed budget for 2022. The budget, when passed later this year,... -
Spain: Current account surplus narrows in August Spain’s current account balance recorded a surplus of EUR 1.0 billion in August 2021, above the EUR 0.6 billion surplus... -
Mexico: Remittances growth loses steam in September but stays elevated Remittances summed USD 4.4 billion in September, representing a 23.3% year-on-year surge. This follows August’s 32.7% year-on-year increase. On a... -
Chile: Business confidence deteriorates but remains in positive territory in October Business confidence fell to 58.2 in October from September’s 60.7, amid rising cost pressures and election-related political uncertainty. However, the...