Harmonized inflation dropped to 21.4% in November below Octobers 22.5%. November’s result represented the weakest inflation rate since May. The...
Latest Global Economic News
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Estonia: Harmonized inflation drops to lowest level since May in November -
Argentina: Merchandise exports rise in October Merchandise exports rose 15.1% over the same month last year in October (September: -0.7% year-on-year). Octobers figure marked the sharpest... -
Luxembourg: GDP growth records fastest upturn since Q4 2021 in Q3 GDP growth accelerated to 3.0% year on year in the third quarter from 1.7% in the second quarter. Q3’s reading... -
Australia: RBA raises rate in December; hints at further hikes ahead At its monetary policy meeting on 7 December, the Reserve Bank of Australia (RBA) hiked the official cash rate (OCR)... -
Canada: Bank of Canada hikes rates by 50 basis points in December On 7 December, the Bank of Canada (BoC) raised its target for the overnight rate from 3.75% to 4.25%, and... -
Sweden: Industrial output deteriorates in October Industrial output fell 1.4% in month-on-month seasonally adjusted terms in October, which contrasted September’s 3.9% increase. Looking at the details... -
Norway: Decline in industrial activity softens in October Industrial output declined 1.2% in month-on-month seasonally adjusted terms in October, which was a smaller contraction than September’s 2.5% decrease.... -
Ireland: Industrial plunges month on month in October Industrial output plunged 10.7% month-on-month in seasonally-adjusted terms in October (September: +7.1% mom). Looking at the details of the release,... -
Germany: Industrial production declines in October On a seasonally-adjusted monthly basis, industrial production decreased 0.1% in October (September: +1.1% s.a. mom). Output of consumer and intermediate... -
Brazil: COPOM holds fire for a third consecutive time in December At its last meeting of 2022 on 6–7 December, the Monetary Policy Committee (COPOM) of Brazils Central Bank (BCB) decided...