The Westpac-Melbourne Institute consumer sentiment index rose to 111.8 in March from 109.1 in February. Therefore, sentiment moved further above...
Latest Global Economic News
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Australia: Consumer sentiment improves in March -
Nigeria: Inflation hits over three-year high in February Consumer prices rose 1.54% month-on-month in February, up from January’s 1.49% increase. The print reflected a stronger rise in food... -
Chile: Economy stabilizes in Q4, amid easing Covid-19 measures and fiscal and monetary stimulus GDP was unchanged year-on-year in the fourth quarter of 2020, improving markedly from the 9.0% decline recorded in the third... -
Korea: Government announces fresh supplementary budget to buttress economy and support a downbeat labor market On 2 March, the government announced a supplementary budget—the fifth since the pandemic started—aimed at buttressing an economy marked by... -
Russia: Central Bank delivers surprise hike in March At its meeting on 19 March, the Board of Directors of the Central Bank of the Russian Federation (CBR) hiked... -
Japan: Core consumer prices continue to fall year-on-year in February Core consumer prices rose 0.10% over the previous month in February, below the 0.49% increase seen in January. Core consumer... -
Belarus: Industrial output growth slows in February amid an unfavorable base effect Industrial production increased 8.1% in February (January: +8.5% yoy). In cumulative terms, there was a slight loss of momentum in... -
Mexico: GDP declines at softer rate in Q4; records worst annual contraction in at least 25 years Expenditure-based national accounts data released by the Statistical Institute on 19 March confirmed that GDP fell 4.3% year-on-year in the... -
Japan: Bank of Japan leaves rates unchanged at March meeting; adjusts monetary policy following review At its meeting ending on 19 March, the Bank of Japan (BoJ) kept its monetary stance unchanged against a backdrop... -
Poland: Decline in retail sales softens in February Retail sales dropped 2.7% year-on-year in February (January: -6.0% yoy). The softer contraction came on the back of an upturn...