Sweden's consumer price inflation increased as estimated initially in May to the highest level in seven months. The consumer price index, or CPI, rose 0.8 percent year-over-year in May, reversing April's renewed fall of 0.1 percent. Moreover, a similar inflation rate was last seen in October 2025. Fuel prices and electricity prices surged by 27.0 percent and 15.0 percent, respectively.
The monetary policy announcement from the European Central Bank is the top economic news due on Thursday. At 2.00 am ET, Statistics Sweden publishes inflation data for May. Economists forecast consumer prices to grow 0.8 percent on a yearly basis, in contrast to the 0.1 percent fall in April.
Bulgaria's industrial production decreased in April after recovering in the previous month. Industrial production fell 4.1 percent year-on-year in April, reversing a 4.7 percent increase in March, which was the first expansion in sixteen months. The downturn was mainly driven by a 33.8 percent plunge in mining and quarrying production.
Slovakia's industrial production decreased for the third straight month in April amid weaker performance in the manufacture of motor vehicles and basic metals. Industrial production fell 3.2 percent year-on-year in April, which was worse than the 0.8 percent decline in March. The manufacture of coke and petroleum products plunged 11.34 percent from last year.
Austria's production index expanded for the second straight month in April. The production index, which combines industry and construction, advanced 0.6 percent year-over-year in April, faster than the 0.2 percent rise in the prior month. Industrial production grew 0.4 percent from last year, and construction output logged a growth of 1.6 percent.
Denmark's consumer price inflation increased further in May to the highest level in five months. The consumer price index rose 1.9 percent year-over-year in May, faster than the 1.4 percent increase in April. The higher inflation in May was mainly driven by restaurants and hotels, where charges were 4.9 percent more expensive.
The Czech Republic's consumer price inflation moderated as estimated initially in May from a 6-month high in the previous month. Consumer prices climbed 2.1 percent year-over-year in May, slower than the 2.5 percent increase in April. Prices for food and non-alcoholic beverages declined at a faster pace of 1.9 percent. Monthly, consumer prices edged up 0.1 percent.
Italy's industrial production increased for the third straight month in April, the statistical office ISTAT said Wednesday. Industrial output registered a monthly increase of 0.5 percent in April, slightly slower than the 0.6 percent rise in March. However, this was the third consecutive rise in production. There...
Norway's consumer price inflation eased to a three-month low in May, while core inflation accelerated to its highest level since January, data from Statistics Norway showed Wednesday. Consumer prices grew 3.1 percent on a yearly basis in May, following April's 3.4 percent increase. This was the lowest...
Sweden's economy expanded for the second straight month in April, and industrial production growth quickened to the strongest level in seven months. Gross domestic product advanced 0.5 percent monthly in April, slower than the 1.5 percent rise in March. The annual economic growth moderated to 2.4 percent in April from 2.8 percent in the previous month.
Finland's industrial production growth moderated sharply in April. Industrial output rose 1.9 percent year-over-year in April, slower than the downwardly revised 7.1 percent surge in March, which was the quickest growth in eleven months. Output produced in the manufacturing sector logged a slower expansion of 1.1 percent versus 5.7 percent in March.
The Netherlands' industrial production growth accelerated to the highest level in three-and-a-half years. Industrial production advanced 4.7 percent year-on-year in April, faster than the 1.9 percent increase in March. The machinery industry once again achieved the largest increase in production, which surged by 21.6 percent.
The foreign trade deficit of Cyprus increased in April from a year ago as imports grew faster than exports. The goods trade deficit rose to EUR 1.0 billion from EUR 797.1 million in the same month last year. In March, the shortfall was EUR 705 million. Total exports of goods rose 7.6 percent annually in April, while imports logged a double-digit growth of 15.1 percent.
Slovakia's foreign trade surplus increased in April from a year ago as exports grew faster than imports. The trade balance showed a surplus of EUR 76.0 million in April versus a deficit of EUR 90.1 million in the corresponding month last year. The favorable foreign trade balance in April was driven mainly by a higher surplus in machinery and transport equipment.
Portugal's foreign trade shortfall decreased in April from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 2.9 billion in April from EUR 3.0 billion in the same month last year. Exports climbed 15.5 percent year-over-year in April, and imports were 11.0 percent higher. During April, Portugal's main export partner country was Spain.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.