Harmonized inflation fell to 11.0% in February, following January’s 11.6%. The moderation was broad-based, with lower price pressures recorded for...
Latest Global Economic News
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Austria: Harmonized inflation recedes in February -
Czech Republic: Industrial output shrinks in January Industrial output fell 1.4% year on year in working-day adjusted terms in January, contrasting December’s 5.0% increase. Looking at the... -
Australia: Unemployment rate drops in February Seasonally-adjusted employment increased by 64,600 in February, following 10,900 jobs shed in January. February’s result was driven by a significant... -
Indonesia: Merchandise exports grow at a slower rate in February Merchandise exports expanded 4.5% year-on-year in February (January: +16.4% year-on-year). A notable slowdown in foreign sales of mineral fuels—for which... -
Angola: Cabinda prices rise in February The average price for Cabinda oil rose to USD 83.5 per barrel (pb) in February from January’s 81.2 pb. This... -
Japan: Core machinery orders grow at fastest pace since October 2020 in January Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Euro Area: ECB hikes rates by 50 basis points in March; drops explicit reference to further hikes At its 16 March meeting, the European Central Bank (ECB) hiked the main refinancing operations rate, the marginal lending facility... -
Norway: Economic growth wanes in Q4 The Norwegian economy lost momentum in Q4 2022; GDP growth waned to 0.2% in seasonally adjusted quarter-on-quarter terms. This came... -
Japan: Yen-denominated merchandise exports accelerate in February Yen-denominated merchandise exports climbed 6.5% year-on-year in February (January: +3.5% year-on-year). Meanwhile, merchandise imports climbed 8.3% on an annual basis... -
New Zealand: GDP contracts by more than expected in the fourth quarter GDP fell 0.6% on a seasonally adjusted quarter-on-quarter basis in the fourth quarter of 2022, swinging from the previous period’s...