At its 16–17 March meeting, the Monetary Policy Committee (COPOM) of Brazil’s Central Bank unanimously decided to raise the benchmark...
Latest Global Economic News
-
Brazil: COPOM hikes SELIC rate for first time in over five years, with more likely to come -
Costa Rica: Central Bank keeps monetary policy unchanged in March At its 17 March meeting, the Central Bank of Costa Rica once again decided to keep the monetary policy rate... -
France: Harmonized inflation stable in February Consumer prices recorded zero growth over the previous month in February, following the 0.15% rise logged in January. Looking at... -
Indonesia: Merchandise exports growth softens but remains robust in February Merchandise exports rose 8.6% year-on-year in February, following January’s 12.2% jump and supported by higher oil and non-energy exports. Meanwhile,... -
Australia: Economic recovery continues in Q4 amid looser restrictions and fiscal and monetary support GDP rose 3.1% in seasonally-adjusted quarter-on-quarter terms in Q4, benefiting from the easing of trading and travel restrictions in Victoria,... -
China: Nominal fixed investment growth surges in January–February Nominal urban fixed asset investment surged 35.0% year-on-year in January–February (December: +2.9% year-on-year), supported in part by a highly favorable... -
China: Industrial output surges in January–February, propelled by manufacturing sector Industrial production rose 35.1% year-on-year in January–February (December: +7.3% yoy). Looking at the details of the release, the manufacturing sector—in... -
China: Retail sales expand strongly in January–February Retail sales grew 33.8% in January–February, up from December’s 4.6% year-on-year increase. Looking at subsectors, car sales and catering services... -
Russia: Industrial output drops again in February Industrial output slid 3.7% in year-on-year terms in February, which was a deterioration from January’s -1.9% decrease. February’s notable downturn... -
United States: Retail sales decline in February Retail sales dropped 3.0% in month-on-month seasonally-adjusted terms in February, contrasting January’s 7.6% increase and missed analysts’ expectations of a...