The OPEC oil basket traded at USD 79.7 per barrel in December on average, down 11.2% from the prior month....
Latest Global Economic News
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Saudi Arabia: Oil prices keep falling in December as global economic outlook remains glum -
China: Merchandise exports decline in December Merchandise exports decreased 9.9% year-on-year in December following November’s 9.0% decrease, driven by Covid-19 disruptions at home and mild demand... -
China: Money supply records slowest growth since June in December In December, Chinese banks distributed CNY 1400 billion in new yuan loans, up from Novembers 1210 billion figure. Stronger corporate... -
Argentina: Industrial output expands at softer pace in November Industrial output rose 1.4% compared to the same month a year earlier in November, which followed October’s 3.5% increase. The... -
Euro Area: Unemployment rate stable at all-time low in November The seasonally adjusted unemployment rate was stable at Octobers all-time low of 6.5% in November. Five economies had stable unemployment... -
Thailand: Inflation increases in December Inflation came in at 5.9% in December, which was up from Novembers 5.5%. The acceleration was driven by sharper increases... -
Indonesia: Inflation accelerates in December Inflation came in at 5.5% in December, up from Novembers 5.4%. December’s result was mainly driven by higher price pressures... -
Peru: Inflation ticks up in August Consumer prices in Metropolitan Lima fell 0.11% from the previous month in August, contrasting July’s 0.46% increase. Augusts increase was... -
France: Industrial output rebounds in November Industrial output increased 2.0% in month-on-month seasonally adjusted terms in November, which contrasted October’s 2.5% decrease. Looking at the details... -
Greece: Decline in industrial activity softens in November Industrial output dropped 0.9% year on year in working-day adjusted terms in November, which was above October’s 2.7% decrease. November’s...