The Bangko Sentral ng Pilipinas (BSP) raised the overnight reverse repurchase facility rate by 50 basis points to 6.00% at...
Latest Global Economic News
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Philippines: Central Bank continues outsized rate hikes in February -
Japan: Core machinery orders bounce back in December Core machinery orders—which cover the private sector, exclude volatile orders and are a leading indicator for capital spending over the... -
Belarus: Industrial output contracts at sharper rate in January Industrial output shrank by 4.1% year on year in January, down from December’s 3.2% contraction. The downturn intensified for the... -
Japan: Merchandise exports grow at weaker pace in January but beat expectations of contraction Yen-denominated merchandise exports rose 3.5% year-on-year in January, following December’s 11.5% jump. January’s figure marked the softest growth since February... -
Brazil: Economic activity expands at quickest pace since July in December The Brazilian economy ended the year on a sweet note: Economic activity rose 0.3% in month-on-month seasonally adjusted terms in... -
Israel: GDP growth accelerates in the fourth quarter Economic growth accelerated in the fourth quarter, with GDP expanding 5.8% in seasonally-adjusted annualized terms (SAAR) (Q3: +2.1% SAAR). The... -
Indonesia: Merchandise exports grow at a faster rate in January Merchandise exports expanded 16.4% year-on-year in January (December: +6.6% year-on-year). Meanwhile, merchandise imports rose 1.3% in annual terms in January... -
South Africa: Inflation drops to lowest level since May 2022 in January Inflation came in at 6.9% in January, which was down from December’s 7.2%. January’s reading marked the lowest inflation rate... -
India: Merchandise exports fall in January Merchandise exports declined 6.6% on an annual basis in January (December: -12.2% year-on-year). Meanwhile, merchandise imports fell 3.6% over the... -
United States: Retail sales expand at quickest pace since March 2021 in January Retail sales grew 3.0% in month-on-month seasonally-adjusted terms in January, which contrasted December’s 1.1% decrease and far outpaced market expectations....