Economy

Reserve Bank of Australia lifts interest rates to 10-month high on rising inflation risks

The central bank lifted its benchmark rate to 4.1 percent, marking its second hike this year following a similar move in February

U.S. industrial production rises 1.4 percent in February on stronger manufacturing, mining output

In February, manufacturing output rose 0.2 percent, while the index for mining grew 0.8 percent

U.S. trade deficit plummets to $54.5 billion as exports surge in January

Trade gap fell from a revised $72.9 billion in December 

U.S. stock futures slip following 0.3 percent rise in February Consumer Price Index

CPI rose 2.4 percent annually while investors assessed the Fed outlook 

World food prices rise in February 2026, ending five-month downward trend: FAO

The FAO Food Price Index averaged 125.3 points in February, up 0.9 percent from its revised January level, while still 1.0 percent below its level a year earlier

Central African Republic launches first fully digitalized Ministry

The platform was developed in partnership with the Central African technology firm EDEN TiiiT

EU Commission President moves to provisionally apply Mercosur deal despite court review

Deal called consequential for Europe’s trade diversification despite opposition and legal challenges

U.S. weekly jobless claims increase as unemployment stabilizes

Initial filings for state unemployment benefits increased by 4,000 to a seasonally adjusted 212,000 for the week ended February 21

Eurozone inflation drops to 1.7 percent in January 2026, lowest level in 12 months

France recorded 0.4 percent annual inflation; Romania registered the highest rate at 8.5 percent

Japan’s services inflation rises 2.6 percent in January amid wage-driven price growth

The central bank has indicated it is prepared to continue tightening policy if price gains persist alongside solid wage growth

Indonesia and U.S. finalize trade deal, cutting tariffs to 19 percent from 32 percent

The revised 19 percent tariff rate aligns Indonesia with other Southeast Asian economies that have reached similar deals with Washington

Indonesia, U.S. companies ink $38.4 billion trade and investment deals

Agreements form part of the implementation framework of the broader U.S.-Indonesia trade deal Prabowo is set to sign with Trump on Thursday

China’s luxury market shows signs of stabilization after two years of decline

Bain estimates that 65 percent of luxury purchases occurred within mainland China in 2025, compared with 35 percent overseas

U.S. and Taiwan finalize trade deal with 15 percent tariff, $500 billion in semiconductor and AI investments

Agreement exempts more than 2,000 export items from reciprocal tariffs, cutting average duty to 12.33 percent 

U.S. job growth likely picked up in January as layoffs ease, but labor market remains sluggish

Economists point to lingering uncertainty over import tariffs as a key factor dampening business confidence and hiring decisions

Bank of England holds interest rates at 3.75 percent as inflation relief signals spring pivot

The decision to hold rates comes after a narrow 5-4 vote among the MPC members 

Australia RBA interest rate hike hits households as cash rate reaches 3.85 percent in first tightening since 2023

The December Consumer Price Index showed inflation rising to 3.8 percent, alarming financial markets 

EU’s economy grows 1.6 percent in 2025 as unemployment holds at 5.9 percent

Lithuania recorded the highest increase compared to the previous quarter at 1.7 percent, followed by Spain and Portugal

U.S. trade deficit widens 94.6 percent, marking largest jump since 1992 as imports surpass records

The import surge, driven by technology needs, indicates a strong demand unmatched by domestic production 

Bank of Japan holds interest rates steady at 0.75 percent, upgrades growth and inflation forecasts

An 8-1 vote reveals divided opinions on potential rate hikes amid Japan's economic recovery efforts

Eurozone economy maintains modest growth in January as business confidence strengthens

Manufacturing production in the eurozone economy returned to growth in January, following a first fall in output for ten months at the end of 2025

U.S. economy hits strongest growth in two years with 4.4 percent GDP surge

Household consumption and AI investments drove Q3 performance to its highest levels since 2023Â