The South African economy avoided a technical recession by a whisker in the fourth quarter of 2023, when GDP rebounded...
Latest Global Economic News
-
South Africa: Economy dodges recession in Q4 -
Korea: Industrial output deteriorates in January Industrial output fell 1.3% month on month in seasonally adjusted terms in January (December: -0.5% mom). Looking at the details... -
Switzerland: Inflation drops to lowest level since September 2021 in February Inflation came in at 1.2% in February, down from January’s 1.3%. February’s figure marked the weakest inflation rate since September... -
Australia: Retail sales gain steam in January Retail sales expanded 1.1% month-on-month in seasonally adjusted terms in January (December: -2.1% mom). January’s rise was partly due to... -
Korea: Merchandise export growth slows in February Merchandise exports rose 4.8% on an annual basis in February, slowing from January’s 18.0%. February’s outturn marked the weakest growth... -
Turkey: Inflation increases in February Inflation increased to 67.1% in February, above January’s 64.9%. February’s result marked the highest inflation rate since November 2022 and... -
Peru: Inflation rises in February Inflation came in at 3.3% in February, up from January’s 3.0%—which had marked the lowest inflation rate since May 2021.... -
Indonesia: Inflation rises in February Inflation increased to 2.8% in February from January’s 2.6%. February’s result was the highest inflation rate since December 2023. Looking... -
Ireland: GDP records sharpest contraction since Q4 2020 in Q4 GDP declined at a sharper rate of 3.4% on a seasonally adjusted quarter-on-quarter basis in the fourth quarter, below the... -
Switzerland: Retail sales expand at quickest pace since June 2023 in January Retail sales expanded 0.7% in month-on-month seasonally adjusted terms in January, which contrasted December’s 0.3% decrease. The figure marked the...