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asian economic news

  • Singapore GDP Data Due On Monday May 24, 2026 18:04 ET

    Singapore will on Monday release Q1 figures for gross domestic product, highlighting a light day for Asia-Pacific economic activity. In the previous three months, GDP was up 4.6 percent on year. Singapore also will see April numbers for consumer prices; in March, overall inflation was up 0.5 percent...

  • Taiwan Jobless Rate Falls Slightly In April May 22, 2026 04:41 ET

    The unemployment rate in Taiwan decreased marginally in April. The seasonally adjusted unemployment rate came in at 3.34 percent in July, down from 3.35 percent from a month ago. In the same period last year, the rate was also 3.35 percent. There were 402,000 unemployed people in April compared to 403,000 a month ago.

  • Japan Consumer Prices Climb 1.4% On Year May 21, 2026 19:44 ET

    Consumer prices in Japan were up 1.4 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That was in line with expectations and down from 1.5 percent in March. On a seasonally adjusted monthly basis, inflation was up 0.3 percent - again matching forecasts...

  • New Zealand Retail Sales Jump 0.9% In Q1 May 21, 2026 19:05 ET

    The total volume of seasonally adjusted retail sales was NZ$26 billion, up 0.9 percent on quarter, Statistics New Zealand said on Friday. That was unchanged from the previous quarter, although it beat expectations for a gain of 0.5 percent. The total value of seasonally adjusted retail sales was...

  • South Korea Consumer Confidence Spikes In May - BoK May 21, 2026 18:59 ET

    Consumer sentiment in South Korea jumped to optimism in May, the latest survey from the Bank of Korea revealed on Friday with a consumer confidence index score of 106.1. That's up from 99.2 in April and moves back above 100, which signifies optimism versus pessimism. Consumer sentiment regarding...

  • Japan Inflation Data Due On Friday May 21, 2026 18:53 ET

    Japan will on Friday release April numbers for consumer prices, highlighting a modest day for Asia-Pacific economic activity. In March, overall inflation was up 0.4 percent on month and 1.5 percent on year, while core CPI rose an annual 1.8 percent. New Zealand will provide Q1 data for retail sales,...

  • Hong Kong Inflation Remains Stable At 1.7% May 21, 2026 07:26 ET

    Hong Kong's consumer price inflation held steady for the second straight month in April. The consumer price index, or CPI, climbed 1.7 percent year-over-year in April, the same as in the previous two months. Inflation based on transportation rose to 4.3 percent from 3.9 percent amid higher fuel costs, while food inflation moderated to 0.7 percent from 0.9 percent.

  • Indian Private Sector Growth Remains Strong In May May 21, 2026 03:35 ET

    India's private sector activity continued to expand strongly in May, though the pace of growth eased marginally amid weaker increases in domestic and foreign orders. The HSBC flash composite output index dropped to 58.1 in May from 58.2 in April. The survey revealed that a pick-up in growth across the service economy was offset by a weaker increase in factory production.

  • Australia Jobless Rate Highest Since 2021 May 21, 2026 02:20 ET

    Australia's unemployment rate rose to the highest since 2021 in April, data from the Australian Bureau of Statistics showed Thursday. The unemployment rate rose to 4.5 percent in April from 4.3 percent in March. This was the highest since November 2021, when the rate was 4.6 percent. The number...

  • Japan Core Machinery Orders Slump 9.4% In March May 20, 2026 20:03 ET

    The value of core machinery orders in Japan was down a seasonally adjusted 9.4 percent on month in March, the Cabinet Office said on Thursday - coming in at 1,010.9 billion yen. That missed forecasts for a decline of 7.7 percent after jumping 13.6 percent in February. On a yearly basis, orders...

  • Japan Trade Surplus Y301.9 Billion In April May 20, 2026 19:57 ET

    Japan posted a merchandise trade surplus of 301.9 billion yen in April, the Ministry of Finance said on Thursday. That blew away forecasts for a deficit of 29.7 billion yen following the 643.0 billion yen surplus in March. Exports were up 14.8 percent on year to 10.507 trillion yen, beating expectations...

  • Australia Manufacturing PMI Fades In May - S&P Global May 20, 2026 19:35 ET

    The manufacturing sector in Australia continued to expand in May, albeit at a slower pace, the latest survey from S&P Global revealed on Thursday with a manufacturing PMI score of 50.2. That's down from 51.3 in April, although it remains above the boom-or-bust line of 50 that separates expansion from...

  • New Zealand Has NZ$1.920 Billion Trade Surplus May 20, 2026 19:29 ET

    New Zealand posted a merchandise trade surplus of NZ$1.920 billion in April, Statistics New Zealand said on Thursday. That blew away expectations for s surplus of NZ$980 million following the downwardly revised NZ$430 million surplus in March (originally NZ$698 million). Exports came in at NZ$8.62...

  • Australia Unemployment Data Due On Thursday May 20, 2026 18:04 ET

    Australia will on Thursday release April numbers for unemployment, highlighting a bust day for Asia-Pacific economic activity. The jobless rate is expected to hold steady at 4.3 percent, with the addition of 16,700 jobs following the increase of 17,900 jobs in March. The participation rate is also...

  • South Korea Producer Prices Jump 2.5% In April May 20, 2026 17:37 ET

    Producer prices in South Korea climbed 2.5 percent on month in April, the Bank of Korea said on Thursday - up from 1.7 percent in March. Individually, prices for agricultural, forestry and marine products slipped 1.0 percent on month, while manufacturing products jumped 4.4 percent, utilities rose...

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

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