Detailed national accounts showed that the economy grew at a stronger pace than previously estimated in Q4, with growth revised...
Latest Global Economic News
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Singapore: Economic growth revised up but remains muted in Q4; Government presents expansionary budget presents expansionary 2020 budget -
Singapore: Non-oil exports contract in January Singapore’s external sector opened the new year on a weak footing, with non-oil domestic exports (NODX) contracting 3.3% year-on-year, swinging... -
Peru: Economic activity closes 2019 on a sour note In December, economic activity grew a puny 1.1% year-on-year, decelerating markedly from November’s already unremarkable 1.9% outturn and surprising market... -
Brazil: Real plunges to new record low in February The Brazilian real continued its downward spiral in early February, hitting an all-time low of BRL 4.36 per USD on... -
Angola: Cabinda crude oil prices plummet in January; Angolan oil production edges down The average price of Angola’s Cabinda crude fell to USD 65.8 per barrel (pb) in January, from USD 69.4 pb... -
Russia: Industrial production growth loses pace in January Industrial output rose 1.1% year-on-year in January, slowing from December’s 1.7% increase. A drop in mining and quarrying activity was... -
Japan: Economy contracts sharply at the end of 2019 The economy contracted 6.3% in Q4 compared to the previous quarter in seasonally-adjusted annualized terms. This contrasted the 0.5% expansion... -
Nigeria: Inflation rises to 21-month high at turn of 2020 Consumer prices rose 0.87% on a month-on-month basis in January, up from December’s 0.85% increase. The pick-up was mostly driven... -
Philippines: Cash remittances hit record high in 2019 Cash remittances from Overseas Filipino Workers (OFW) surged to a total of USD 2.9 billion in December from USD 2.4... -
Thailand: Inflation returns to the target range in January Consumer prices rose 0.16% month-on-month in January, up from December’s 0.01% rise. The print reflected higher prices for food and...