At its monetary policy meeting on 7 March, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)...
Latest Global Economic News
-
Australia: RBA raises rate again in March; hints at further hikes ahead -
Poland: Business sentiment rises in February Business confidence rose to minus 14.0 in February from January’s minus 18.2. However, the index remained entrenched below the 0-threshold,... -
South Africa: Economy contracts at sharper-than-expected pace in Q4 As anticipated, the South African economy was unable to avoid an economic contraction at the close of 2022. GDP dropped... -
Dominican Republic: Economic activity records softest expansion in two years in January Economic activity grew 0.4% compared to the same month of the previous year in January, which was a deterioration from... -
Norway: Industrial output drops at sharpest pace in nearly 21 years in January Industrial production nosedived 8.3% month on month in seasonally adjusted terms in January, which was a more pronounced drop than... -
Denmark: Manufacturing production contracts at sharpest rate in over three years in January Manufacturing output dived 7.6% in month-on-month seasonally adjusted terms in January, which contrasted December’s 15.0% increase. January’s result marked the... -
Mexico: Consumer confidence picks up but remains pessimistic in February Consumer confidence came in at 44.8 in February, up from January’s 44.3. February’s result marked the best reading since November... -
Taiwan: Inflation slides in February Inflation came in at 2.4% in February, down from January’s 3.1%. The reading was largely driven by slower growth in... -
Dominican Republic: Inflation rises further in September Consumer prices rose 0.60% over the prior month in September, down from August’s 0.78% rise. September’s reading was driven by... -
Costa Rica: Inflation drops to one-year low in February Inflation fell to 5.6% in February, following January’s 7.7%. February’s reading marked the weakest inflation rate since February 2022. The...