Total non-farm payrolls grew by 311,000 in February, down from 504,000 in January. Markets were expecting a gain of slightly...
Latest Global Economic News
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United States: Job gains exceed expectations again in February -
Uruguay: Inflation declines further in January Inflation eased to 8.0% in January from Decembers 8.3%. Januarys reading marked the lowest inflation rate since December 2021. The... -
Hong Kong: Retail sales contract at softer pace in December Retail sales fell 0.7% year on year in December (November: -5.2% yoy). The softer contraction largely reflected rebounding food and... -
New Zealand: Consumer confidence increases in January The ANZ-Roy Morgan consumer confidence indicator rose to 83.4 in January from 73.8 in December, which had the lowest reading... -
Chile: Business sentiment improves but remains pessimistic in January Business confidence came in at 37.8 in January, up from December’s 35.6. As such, the index remained well below the... -
Latvia: Industrial output contracts at sharpest rate since May 2020 in December Industrial production dropped 4.4% year on year in December (November: +3.6% yoy). The outturn marked the worst reading since May... -
Chile: Decline in economic activity softens in December Economic activity decreased 1.0% in year-on-year terms in December, which was an improvement from November’s 2.5% decrease. December’s smaller drop... -
Czech Republic: The Czech National Bank stands pat in February At its 2 February meeting, the Board of the Czech National Bank (CNB) left the two-week repo rate unchanged at... -
United Kingdom: BoE hikes by 50 basis points in February On 2 February, the Bank of England (BoE) increased the bank rate from 3.50% to 4.00%, marking the tenth consecutive... -
Euro Area: ECB hikes rates by 50 basis points in February; hints at further tightening ahead At its 2 February meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility...