Inflation ticked down to 8.4% in October, which followed Septembers 8.7%. October’s reading marked the lowest inflation rate since July....
Latest Global Economic News
-
Mexico: Inflation falls to lowest level since July in October -
Australia: Business confidence tanks in October The business confidence index produced by National Australia Bank (NAB) dropped to 0.2 in October from 4.5 in September. Consequently,... -
Australia: Government tables stimulatory budget to sustain recovery following coronavirus blow On 6 October, the government presented the 2020–2021 draft budget to Parliament, which includes both tax cuts and additional spending... -
Colombia: Colombian peso plummets to record low The Colombian peso has fallen by over 11% against the U.S. dollar over the last month—reaching record lows—and 20.0% year... -
Taiwan: Merchandise exports decline in October Merchandise exports fell 0.5% year-on-year in October, on the heels of Septembers 5.3% decrease. While IT and electronics exports expanded,... -
New Zealand: Unemployment rate stable in Q3 The seasonally-adjusted unemployment rate remained stable at Q2s 3.3% in Q3. Meanwhile, the underutilization rate—which includes both unemployment and underemployment—inched... -
Romania: NBR slows the pace of hikes to 50 basis points in November At its 8 November meeting, the National Bank of Romania (NBR) raised the policy rate to 6.75% from 6.25%. The... -
Colombia: Consumer confidence records worst reading since June 2021 in October According to a survey elaborated by Fedesarrollo , consumer confidence came in at minus 19.5 in October, down from September’s... -
Lithuania: Harmonized inflation drops in October Harmonized inflation came in at 22.1% in October, down from Septembers 22.5%. Looking at the details of the release, prices... -
New Zealand: Inflation dips in Q3 Inflation dipped to 7.2% in Q3 from 7.3% in Q2, which had marked the fastest print since Q2 1990. It...