Business confidence came in at 107.8 in December, up from November’s 106.5. December’s reading was driven by improving sentiment in...
Latest Global Economic News
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Italy: Business confidence strengthens in December -
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... -
Panama: GDP growth records slowest increase since Q1 2021 in Q3 According to a preliminary estimate, GDP growth moderated to 9.5% year on year in the third quarter, from 9.8% in... -
Italy: Government approves 2023 budget with smaller fiscal deficit The 2023 budget will lower the tax burden on labor, small businesses and the self-employed while narrowing the budget deficit.... -
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... -
Sweden: Economic sentiment continues to deteriorate in December The economic tendency indicator (ETI) deteriorated for a seventh consecutive month in December, coming in at 84.7, down from Novembers...