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Australia's retail sales declined for the first time in ten months in October, defying economists' forecast for a further rise, figures from the Australian Bureau of Statistics showed on Monday. Retail sales dropped 0.2 percent month-on-month in October, reversing a 0.6 percent stable rate of increase...

Malaysia's consumer price inflation eased for the second successive month in October to the lowest level in four months, data from the Department of Statistics showed on Friday. The consumer price index rose 4.0 percent year-on-year in October, following a 4.5 percent increase in August. This was...

Singapore's industrial production declined in October, albeit at a slightly slower than expected pace, data from the Economic Development Board revealed on Friday. Industrial production declined 0.8 percent year-on-year in October, after a 1.6 percent growth in September. Economists had expected a...

Core consumer price inflation in Japan's capital hit the highest in 40 years in November on higher energy cost and weaker yen, data released by the Ministry of Internal Affairs and Communications showed on Friday. Tokyo's core consumer price inflation that excludes fresh food rose to 3.6 percent in...

Sri Lanka's central bank left its key interest rates unchanged on Thursday, for the fourth straight policy session, to soften the demand-driven inflationary pressures in the economy, while also to help further strengthen disinflation expectations. The Monetary Board of the Central Bank of Sri Lanka...

Japan's leading index weakened slightly less than initially estimated in September, though it fell to the lowest since December 2020, the latest figures from the Cabinet Office showed on Thursday. The leading index, which measures future economic activity, decreased to 97.5 in September from 101.3...

Japan's private sector activity contracted for the first time in three months in November amid a sharp downturn in the manufacturing sector, flash survey results from S&P Global showed on Thursday. The au Jibun Bank composite output index fell to 48.9 in November from 51.8 in the previous month. A...

southkorea2 oct01 23nov22 South Korea's central bank raised its benchmark rate by a moderate quarter point on Thursday as the slowdown in economic growth is set to be more severe. The Monetary Policy Board of the Bank of Korea unanimously decided to raise the Base Rate by 25 basis points to 3.25 percent from 3.00 percent. Regarding the size of the rate hike, the board assessed that a quarter point increase is appropriate.

Taiwan's industrial production declined for the second straight month in October, while retail sales growth eased further, preliminary data from the Ministry of Economic Affairs showed on Wednesday. Industrial production decreased 3.56 percent year-on-year in October, after a revised 4.49 percent...

Singapore's economy is set to expand at a much slower pace next year in tandem with the deterioration in external demand conditions, the Ministry of Trade and Industry said Wednesday. The city-state economy is expected to grow by "0.5 to 2.5 percent" in 2023. The ministry downgraded its growth...

Business sentiment in South Korea improved slightly in November, the latest survey from the Bank of Korea showed on Wednesday. The Business Survey Index on business conditions in the manufacturing sector rose to 74.0 in November from 72.0 in October. At the same time, the outlook weakened in November,...

Singapore's consumer price inflation eased more-than-expected in October to the lowest level in four months, data published by the Monetary Authority of Singapore and the Ministry of Trade and Industry showed on Wednesday. Consumer prices climbed 6.7 percent year-on-year in October, after a 7.5 percent...

Australia's private sector shrank for the second consecutive month in November, flash survey results S&P Global showed on Wednesday. The S&P Global flash composite output index fell to 47.7 in November from 49.8 in October. This was the lowest reading in ten months. The score has remained below...

newzealandcentralbank sept25 22nov22 New Zealand's central bank hiked its benchmark rate by a record 75 basis points and signaled more tightening despite looming recession. The Monetary Policy Committee of the Reserve Bank of New Zealand decided to raise the Official Cash Rate to 4.25 percent from 3.50 percent. The bank has tightened its monetary policy by 400 basis points over the last nine consecutive meetings.

oecd nov21 22nov22 The global economy faces significant challenges as severe energy crisis pushed up inflation and lowered economic growth all around the globe, necessitating policy actions to combat inflation and targeted fiscal support to vulnerable section, the Organisation for Economic Co-operation and Development said in its Economic Outlook released Tuesday.

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