The Labor Department released a report on Thursday showing a substantial increase by import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to...
Ireland's consumer price inflation accelerated in April to the highest level in more than two years. The consumer price index climbed 3.7 percent year-over-year in April, slightly faster than March's increase of 3.6 percent. Moreover, this was the highest inflation rate since January 2024. Inflation based on housing and utilities accelerated to 8.1 percent from 7.2 percent.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March. Economists...
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists...
Spain's consumer price inflation moderated in April, as initially estimated, revised data from the statistical office INE showed Thursday. Consumer price inflation slowed to 3.2 percent from 3.4 percent in March. The rate matched the estimate released on April 29. Underlying inflation edged down...
The U.K. economy grew at a stronger pace in the first quarter of the year ahead of the escalation of geopolitical tensions in the Middle East that triggered supply disruptions and a surge in crude oil price. Gross domestic product increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion, the Office for National Statistics said.
Slovakia's consumer price inflation accelerated for the first time in three months in April amid higher fuel prices. Consumer prices rose 3.9 percent annually in April, faster than the 3.5 percent increase in March. The upward trend in inflation was due to higher housing and energy prices and the sharpest rise in motor fuel prices in almost three-and-a-half years.
The Polish economic growth moderated in the three months ending in March. Gross domestic product advanced an unadjusted 3.4 percent yearly in the first quarter, slower than the 4.1 percent fall in the final quarter of 2025. Compared to the previous quarter, GDP rose 0.5 percent in the March quarter versus a 1.0 percent growth in the December quarter.
India's wholesale price inflation accelerated sharply in April due to higher costs for crude oil caused by the impact of the Middle East war. The wholesale price index climbed 8.30 percent year-over-year in April, much faster than the 3.88 percent rise in March. The annual price growth in fuel and power quickened significantly to 24.71 percent from 1.05 percent.
The UK economy grew at a faster pace in the first quarter, driven by contribution from all three sectors, the Office for National Statistics said Thursday. Gross domestic product increased 0.6 percent sequentially, following the fourth quarter's 0.2 percent expansion. The rate came in line with expectations....
Quarterly national accounts, industrial production and foreign trade reports from the UK are due on Thursday, headlining a light day for the European economic news. At 2.00 am ET, the Office for National Statistics is scheduled to issue UK GDP, industrial output and external trade figures. The economy is forecast to grow 0.6 percent in the first quarter after rising 0.1 percent in the preceding
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.
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.