world economic news

World Economic News – 30/01/2022



Spain’s inflation unexpectedly edged up in January (5.8%), breaking a string of five consecutive months of falls, and coming in higher than the 5.7% recorded in December 2022, the country’s Statistical Office revealed in its preliminary report on Monday.


South Korean vehicle exports stood at $54.1 billion in 2022, surging 16.4% y-o-y and reaching an all-time high, the Ministry of Trade, Industry and Energy said on Monday. In total, South Korea produced 3.76 million vehicles last year, up 8.5% on a yearly basis.


Taiwan’s consumer confidence index rose to 59.73 from 59.12 in December, strengthening for the first time in five months, survey data from the National Central University’s Research Center for Taiwan Economic Development, or RCTED, showed Monday.


Mexico’s trade surplus for December was $984 million, up from $603 million in the corresponding month last year, data from the National Institute of Statistics and Geography showed on Friday.


New Zealand posted a merchandise trade deficit of NZ$475 million in December, forecasting for a shortfall of NZ$1.750 billion following the downwardly revised NZ$2.180 billion deficit in November, Statistics New Zealand said on Monday.