Remittances from workers abroad jumped 21.3% year-on-year in January, notably up from December’s 11.6% increase, and totaled USD 834.6 million...
Latest Global Economic News
-
Guatemala: Growth in remittances jumps in January -
Colombia: Exports fall in the final month of 2019 Exports fell 1.9% in December over the same month a year earlier, following the 13.6% year-on-year drop in November. December’s... -
Ireland: Consumer confidence improves for third month straight in January The KBC Bank Ireland/ESRI consumer sentiment rose for the third consecutive month in January. The index increased to 85.5 in... -
Ireland: Manufacturing output slips in December According to preliminary data, the manufacturing production index declined 6.7% in December in seasonally-adjusted, month-on-month terms, following the revised 4.4%... -
Switzerland: Consumer sentiment remains pessimistic at the start of the year According to the State Secretariat for Economic Affairs (SECO), Swiss consumer sentiment turned slightly less pessimistic in January 2020 but... -
Colombia: Inflation ticks down in January Consumer prices rose 0.42% over the previous month in January, accelerating from December’s 0.26% increase. January’s reading largely reflected higher... -
Austria: Economic policy continuity broadly expected despite unprecedented new coalition government Three months after snap elections were held in September last year, on 7 January President Alexander Van der Bellen swore... -
Australia: RBA holds its ground at first meeting of 2020 but keeps door open to further cuts At its 4 February monetary policy meeting, the Reserve Bank of Australia (RBA) kept the cash rate unchanged at 0.75%,... -
Brazil: Industrial output falls in December, rounding out worst performance in three years in 2019 Industrial production slipped 0.7% in month-on-month seasonally-adjusted terms in December, following the 1.7% decline in November (previously reported: -1.2% month-on-month).... -
Hong Kong: Retail sales continue to crumble in December Retail sales by volume declined 21.0% year-on-year in December, although less sharply than November’s revised 25.5% plummet (previously reported: -25.4%...