Japan will on Thursday see M2 money stock numbers for April, highlighting a light day for Asia-Pacific economic activity. M2 is expected to rise 1.9 percent on year, easing from 2.0 percent in March. Australia will see May results for the Westpac Consumer Sentiment Index and the inflation forecast...
The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Wednesday, revealing this month's auction of $25 billion worth of thirty-year bonds attracted below average demand. The thirty-year bond auction drew a high yield of 5.046...
Crude oil inventories in the U.S. decreased by much more than expected in the week ended May 8th, according to a report released by the Energy Information Administration on Wednesday. The EIA said crude oil inventories slumped by 4.3 million barrels last week after falling by 2.3 million barrels in...
Hungary's industrial production expanded at the fastest pace in three-and-a-half years as initially estimated in March. The volume of industrial production surged an unadjusted 6.7 percent annually in March, reversing a 0.9 percent decrease in February. Production of computer, electronics, and optical products logged a sharp expansion of 22 percent, and that of electrical equipment advanced by 11.
Following yesterday's consumer price inflation data, the Labor Department released a separate report on Wednesday showing producer prices in the U.S. shot up by much more than expected in the month of April. The Labor Department said its producer price index for final demand jumped by 1.4 percent in April after climbing by an upwardly revised 0.7 percent in March.
Cyprus' GDP growth rate moderated in the first quarter of 2026. Gross domestic product advanced a seasonally adjusted 3.0 percent year-on-year, following a 4.3 percent increase in the fourth quarter. Further, this was the weakest expansion since the third quarter of 2023. On a quarterly basis, GDP rose 0.2 percent in the first quarter, slower than the 1.5 percent increase in the prior quarter
Ireland's residential property price inflation moderated for the second straight month in March to the lowest level in just over two years. Residential property prices rose 6.5 percent yearly in March, slower than the 6.7 percent gain in February. In the capital region, Dublin, residential property prices were 5.7 percent higher.
Following yesterday's consumer price inflation data, the Labor Department released a separate report on Wednesday showing producer prices in the U.S. shot up by much more than expected in the month of April. The Labor Department said its producer price index for final demand jumped by 1.4 percent...
The euro area economy expanded only marginally in the first quarter, the statistical office Eurostat confirmed on Wednesday. Gross domestic product posted a quarterly growth of 0.1 percent, matching the initial estimate but slower than the 0.2 percent expansion seen in the fourth quarter, Eurostat reported.
Portugal's consumer price inflation accelerated slightly less than estimated in April to the highest level in more than two-and-a-half years. The consumer price index climbed 3.3 percent year-on-year in April, faster than the 2.7 percent rise in March. Moreover, this was the highest inflation since September 2023. The upward trend in inflation was driven by the increase in fuel prices.
Romania's economy logged a renewed contraction in the first quarter of 2026, while consumer price inflation accelerated further in April to the highest level in three years. GDP declined an unadjusted 1.7 percent annually in the March quarter, reversing a 0.2 percent rise in the preceding three-month period. Consumer price inflation climbed to 10.7 percent in April from 9.9 percent in March.
Eurozone industrial production grew at a steady pace in March, Eurostat reported Wednesday. Industrial output grew 0.2 percent on a monthly basis in March, matching the growth rate seen in February. Production was forecast to grow 0.3 percent. The monthly fall reflects a sharp 4.5 percent fall...
The euro area economy expanded marginally, as initially estimated, in the first quarter, data from Eurostat showed Wednesday. Gross domestic product grew 0.1 percent sequentially, in line with estimate, slower than the 0.2 percent expansion seen in the fourth quarter. On a yearly basis, GDP growth...
The Slovakian economy grew at a slightly slower pace in the first quarter. Gross domestic product rose an unadjusted 0.9 percent year-on-year in the March quarter, following a 1.0 percent increase in the prior quarter. The overall growth was driven by household final consumption expenditure and a positive foreign trade balance, while investment showed a decline.
The Czech Republic's consumer price inflation accelerated as initially estimated in April to the highest level in six months amid higher transport charges. Consumer prices climbed 2.5 percent year-over-year in April, faster than the 1.9 percent increase in March. Transport charges grew 8.7 percent annually in April amid a 24.6 percent surge in costs for fuels and lubricants.
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.