Cash remittances from Overseas Filipino Workers (OFW) totaled USD 2.4 billion in November, increasing 2.0% in annual terms. This was...
Latest Global Economic News
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Philippines: OFW cash remittance growth eases in November -
United Kingdom: Inflation declines further below target in December, leaving door open to monetary easing Consumer prices were flat month-on-month in December, following November’s 0.2% rise. December’s figure was underpinned by higher food prices offsetting... -
Israel: Inflation rises somewhat in December but stays below-target Consumer prices were flat in December over the prior month, following November’s 0.4% decline. December’s reading was underpinned by higher... -
Indonesia: Exports bounce back in December; imports continue to decline According to Statistics Indonesia, the country posted a trade deficit of USD 28 million in December, markedly smaller than the... -
Panama: Consumer prices end year in deflationary territory Consumer prices dropped 0.2% in December on a month-on-month basis, following a flat reading in November. Falling prices for transport,... -
Romania: Industrial output contracts at sharpest pace in over a decade in November Industrial production dived 7.7% year-on-year in seasonally- and working day-adjusted terms in November, following October’s 7.6% fall and marking the... -
Ecuador: Economic activity contracts in November In November, economic activity fell 0.3% over the same month of 2018, according to the monthly economic activity indicator (IDEAC)... -
Turkey: Industrial output growth picks up pace in November Industrial production grew a calendar-adjusted 5.1% year-on-year in November, up from October’s revised 3.9% expansion (previously reported: +3.8% year-on-year). The... -
China: Trade data improves significantly in December In December, exports rose 7.9% over the same month in 2019, contrasting the 1.3% drop in November. Moreover, the print... -
Uruguay: Inflation closes year at over three-year high Consumer prices were flat from a month earlier in December, down from November’s 0.4% increase. A breakdown of the sub-components...