Inflation held steady at October’s 6.7% in November, the joint-lowest inflation rate since June. Rising food price pressures were offset...
Latest Global Economic News
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Singapore: Inflation remains steady in November -
Argentina: Economic activity growth slides to over one-year low in October The monthly indicator for economic activity (EMAE) expanded 4.5% in year-on-year terms in October, which followed September’s 4.6% increase. October’s... -
Russia: Decline in industrial output softens in November Industrial output decreased 1.8% compared to the same month a year earlier in November, which was above October’s 2.6% decrease.... -
Italy: Business confidence strengthens in December Business confidence came in at 107.8 in December, up from November’s 106.5. December’s reading was driven by improving sentiment in... -
Argentina: Merchandise exports grow at a milder rate in November Merchandise exports jumped 14.5% annually in November, on the heels of Octobers 15.1% upturn. Meanwhile, merchandise imports were broadly stable,... -
Canada: GDP growth edges down in Q3 Economic growth edged down in the third quarter, with GDP expanding 2.9% in seasonally-adjusted annualized terms (SAAR) (Q2: +3.2% SAAR).... -
Indonesia: Central Bank slows the pace of tightening in December At its monetary policy meeting on 21–22 December, Bank Indonesia (BI) raised the seven-day reverse repo rate by 25 basis... -
Turkey: TCMB stands pat in December The Central Bank of the Republic of Turkey (TCMB) fulfilled expectations at its 22 December meeting by keeping the one-week... -
Egypt: Central Bank turns more aggressive and delivers a 300 basis point hike in December At its last scheduled meeting of 2022 on 22 December, the Central Bank of Egypt (CBE) delivered a whopping 300... -
Poland: Industrial output records lowest expansion since February 2021 in November Industrial output expanded 4.6% year on year in November (October: +6.6% yoy). The figure marked the worst reading since February...