The Treasury Department announced the results of this month's auction of $16 billion worth of twenty-year bonds on Wednesday, revealing the sale attracted below average demand. The twenty-year bond auction drew a high yield of 5.122 percent and a bid-to-cover ratio of 2.55. Last month, the Treasury...
The Energy Information Administration released a report on Wednesday showing crude oil inventories in the U.S. tumbled by much more than expected in the week ended May 15th. The report said crude oil inventories plunged by 7.9 million barrels last week after slumping by 4.3 million barrels in the...
Luxembourg's unemployment rate held steady for the third straight month in April. The seasonally adjusted jobless rate came in at 6.3 percent in April, the same as in the previous three months. In the corresponding month last year, the rate was 5.9 percent. The number of unemployed people was 20,265 compared to 20,323 in the previous month.
Slovakia's EU measure of inflation increased in April to the highest level in three months. The EU measure of the harmonized index of consumer prices, or HICP, rose 4.1 percent year-on-year in April, faster than the 3.7 percent increase in March. Inflation based on transportation accelerated sharply to 7.2 percent from 2.1 percent, and health costs were 4.8 percent more expensive.
Italy's construction output decreased for the fifth successive month in March. Construction production dropped 0.7 percent month-on-month in March, following a 0.1 percent decrease in the previous month. The annual outcome was also a decrease of 0.2 percent versus a 0.8 percent rebound in February.
U.K. consumer price inflation eased more than expected in April reflecting the fall in energy bills due to the price cap but the slowdown is expected to be temporary given the spike in oil prices amid the ongoing war in the Middle East. Consumer price inflation slowed to 2.8 percent in April from 3.3 percent in March, the Office for National Statistics said Wednesday.
Households in Belgium expressed a more pessimistic attitude in May, mainly due to continued unemployment concerns. The consumer sentiment index dropped to -10 in May from -9.0 in the previous month. Moreover, this was the lowest reading since April 2025, when it was -14. The index reflecting unemployment fears among households climbed to 14 from 6.
Taiwan's export order growth moderated in April after rebounding sharply in the previous month. Export orders grew 48.1 percent year-over-year in April, slower than the 65.9 percent surge in March. Orders for information and communication products grew 89.7 percent from last year. On a monthly basis, export orders dropped 0.4 percent.
The Czech Republic's industrial producer prices logged a renewed increase in April. The industrial producer price index increased 1.0 percent yearly in April, reversing a 1.1 percent drop in March. Moreover, this was the first increase since January 2025. Among the main industrial groupings, energy prices rose 2.5 percent, and those for intermediate goods were 1.7 percent higher.
South Africa's consumer price inflation accelerated in April to the highest level in more than one-and-a-half years. The consumer price index, or CPI, climbed 4.0 percent year-on-year in April, faster than the 3.1 percent rise in the prior month. Inflation based on housing and utilities increased to 5.2 percent from 5.1 percent, and transport charges showed a fresh growth of 4.6 percent.
Bank Indonesia raised its benchmark interest rates by a larger-than-expected half percentage points on Wednesday, as it struggles to stabilize the rupiah exchange rate amid geopolitical tensions. The board of governors, governed by Perry Warjiyo, decided to hike the BI rate by 50 basis points to 5.25 percent.
Eurozone inflation accelerated in April, as initially estimated, driven by higher energy prices, final data from Eurostat showed Wednesday. The harmonized index of consumer prices posted an annual increase of 3.0 percent in April, up from 2.6 percent in March. The rate matched the estimate published...
Austria's consumer price inflation increased more than initially estimated in April to the highest level in four months.The consumer price index climbed 3.4 percent year-over-year in April, faster than the 3.2 percent increase in March. The upward trend in inflation was largely driven by a 7.7 percent surge in transport charges amid a 28.0 percent surge in fuel prices.
The Danish economic growth rebounded in the first quarter of 2026, largely on the back of the pharmaceutical industry. Gross domestic product advanced 1.9 percent sequentially in the first quarter, after a 0.5 percent rise in the fourth quarter. The expenditure breakdown showed that household consumption grew 1.2 percent, partly driven by 10.6 percent more vehicle purchases.
Germany's producer prices increased at the strongest pace in nearly three years in April, data from Destatis showed Wednesday. Producer prices grew 1.7 percent year-on-year in April, reversing a 0.2 percent fall in March. The rate was the highest since May 2023 and marked the first rise since February...
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.