Japan will on Tuesday release preliminary Q1 figures for gross domestic product, highlighting a busy day for Asia-Pacific economic activity. GDP is expected to add 0.4 percent on quarter and 1.7 percent on year, up from 0.3 percent on quarter and 1.3 percent on year in the three months prior. New...
After reporting a notable deterioration in U.S. homebuilder confidence in the previous month, the National Association of Home Builders released a report on Monday showing an unexpected improvement in homebuilder confidence in the month of May. The report said the NAHB/Wells Fargo Housing Market Index climbed to 37 in May after slumping to a seven-month low of 34 in April.
China's industrial production and retail sales logged weaker-than-expected growth in April, and investment shrunk signaling an economic slowdown in the second quarter as the ongoing Middle East conflict strain supply chains and push energy prices higher, official data revealed Monday. Industrial production rose 4.1 percent year-on-year in April, the National Bureau of Statistics reported.
Switzerland's economy grew at a faster pace in the first quarter, flash estimate from the State Secretariat for Economic Affairs, or SECO, showed Monday. Gross domestic product expanded 0.5 percent in the first quarter from the previous quarter. This was faster than the 0.2 percent growth posted...
Italy's foreign trade surplus stayed unchanged at the end of the first quarter. The trade balance showed a surplus of EUR 4.71 billion in March, the same as in the corresponding month last year. The surplus decreased from EUR 4.98 billion in February. Exports climbed 7.4 percent annually in March, and imports were 8.0 percent higher.
Households in Turkey remained slightly less pessimistic in May. The consumer confidence index rose to 85.8 in May from 85.5 in April. Nonetheless, a score below 100 indicates a pessimistic outlook. The financial situation expectation of households over the next year improved, with the corresponding index rising to 87.9 from 87.5.
Thailand's economy grew more than expected in the first quarter, underpinned by resilient domestic demand and strong exports, while regional peers reported weaker growth due to the impact of the war in the Middle East. Gross domestic product logged an annual growth of 2.8 percent in the first quarter, the National Economic and Social Development Council said Monday.
China's industrial production and retail sales logged weaker-than-expected growth in April, official data revealed Monday. Industrial production rose 4.1 percent in April from the last year, the National Bureau of Statistics reported. The growth fell short of the expected rise of 6.0 percent and remained...
The services sector in New Zealand continued to contract in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Monday with a Performance of Services Index score of 48.9. That's up from the upwardly revised 46.2 (originally 46.0), although it remains beneath the boom-or-bust...
China is scheduled to release a raft of data on Monday, headlining a modest day for Asia-Pacific economic news. On tap are April figures for industrial production, retail sales, fixed asset investment and unemployment. Industrial production is expected to rise 5.9 percent on year, up from 5.7 percent...
The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected industrial production to rise by 0.3 percent.
New York manufacturing activity grew strongly in the month of May, the Federal Reserve Bank of New York said in a report released on Friday. The New York Fed said its general business conditions index shot up to 19.6 in May from 11.0 in April, with a positive reading indicating growth. The increase surprised economists, who had expected the index to pull back to 7.8.
Consumer price inflation in Croatia increased as initially estimated in April to the highest level in two-and-a-half years. The consumer price index climbed 5.8 percent year-on-year in April, faster than the 4.8 percent rise in March. Inflation based on transportation accelerated sharply to 13.1 percent in April from 7.0 percent a month ago amid higher fuel costs.
The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected...
India's trade deficit widened more than expected in April due to Middle East tensions and Strait of Hormuz blockade affecting both exports and imports, data from the Ministry of Commerce & Industry showed Friday. Exports of goods rose to $43.56 billion from $38.28 billion last year. Imports climbed...
May 15, 2026 15:25 ET Apart from the confirmation of Kevin Warsh as the next Fed chair, the main news on the economics front this week included key price data from the U.S. and the first quarter economic growth figures from major economies. Both consumer prices and producer costs have started to reflect the effect of supply shocks due to the Middle East conflict. In Europe, GDP data was in focus, while inflation data from China dominated the news flow in Asia.