Turkey’s annual inflation rate jumped to 36.08% in December, up from 21.31% in the previous month and well above market expectations of 30.6%,  destabilizing the wider economy, official data showed on Monday (Jan. 3). It was the highest rate since

The consumer sentiment index in South Korea slipped to 103.9 in December from a 5-month high of 107.9 a month earlier, the Bank of Korea said on Tuesday (Dec. 28). The reading above 100 means there are still more people optimistic about

Japan’s economy shrank at a faster pace than first estimated as a COVID-19 state of emergency sapped private consumption- which makes up more than half of gross domestic product- and a global chip crunch hit car exports, government data showed.

The annual inflation rate in the US surged to 6.2% last month, hitting a three-decade high and above forecasts of 5.8%, the Labor Department reported Wednesday (Nov. 10). Energy costs recording the biggest gain (30%), namely gasoline (49.6%). Inflation also