February 2023: $17.27 bln loaned, $16.95 bln deposited by banks in Georgia


Commercial banks in Georgia loaned ₾44.45 billion ($17.27bln) and received deposits of ₾43.61 billion ($16.94 bln) in February 2023, the latest data from the National Bank of Georgia shows, Trend reports with reference to Agenda. The volume of loans decreased by 0.02 percent compared to the previous month, while the number of deposits also decreased … Read more

Canada’s CPI rises 5.2 pct in February


Canada’s Consumer Price Index (CPI) rose 5.2 percent year over year in February, following a 5.9 percent increase in January, the largest deceleration in the headline CPI since April 2020, Statistics Canada said on Tuesday, Trend reports citing Xinhua. The deceleration in February was due to a base-year effect, for the second consecutive month, which … Read more

Home prices fell in February, breaking a decade-long streak of year-over-year increases

Washington, DC CNN  —  The median price of a US home was lower this February than it was in February 2022, ending more than a decade of year-over-year increases, the longest on record, according to a National Association of Realtors report released Tuesday. The median existing home price was $363,000 in February, down 0.2% from … Read more

Takeaways from the February jobs report

Minneapolis CNN  —  February’s jobs report had a little something for everyone. For workers, there were jobs; for employers, there were workers filling shortfalls caused by the pandemic; for the Federal Reserve, there were indications that the labor market was loosening and wage pressures were easing. Then again, the total of 311,000 net jobs added … Read more