The Russian economy slowed sharply last year. According to a preliminary estimate released by Rosstat on 3 February, GDP grew...
Latest Global Economic News
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Russia: Growth slumps to three-year low in 2019 despite likely upturn in Q4 -
Hong Kong: Economy contracts at sharpest rate in over one decade in Q4 2019 A preliminary GDP reading showed the economy contracted at the sharpest pace since Q2 2009 in the final quarter of... -
Chile: Business sentiment rises in January The business confidence index (IMCE), published by ICARE and the Adolfo Ibáñez University, rose to 40.7 points in January from... -
Indonesia: Inflation remains mild in January, supporting potential further rate cuts Consumer prices increased 0.39% in January over the prior month, up from December’s 0.34% increase. January’s reading was driven by... -
Latvia: Industrial output contracts at the sharpest rate in nearly six years in December Industrial production fell 3.2% in annual working-day adjusted terms in December, contrasting November’s marginal 0.1% uptick. The result marked the... -
Turkey: Inflation rises in January Consumer prices rose a stronger-than-expected 1.35% month-on-month in January, nearly doubling December’s 0.74% monthly increase. Moreover, the print in January... -
Austria: Consumer sentiment remains pessimistic in January Consumer confidence rose to minus 3 in January from minus 4 in December, as Austrian consumers turned slightly less pessimistic... -
United Kingdom: Consumer sentiment reaches over one-year high in January The GfK consumer confidence indicator registered minus 9 in January, up from December’s minus 11 and marking an over one-year... -
Serbia: Industrial sector surges to near two-year high in December Industrial production growth accelerated to 8.3% in annual terms in December from the 1.1% increase in November and marking the... -
Italy: Economy shrinks in final quarter of 2019, wrong-footing markets In the fourth quarter of the year, Italy’s GDP contracted 0.3% over the previous period in seasonally- and working-day adjusted...