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Economy And The Numbers

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Denmark's economy grew for a second straight quarter and at a faster-than-expected pace in the first three months of the year, preliminary data from Statistics Denmark showed Tuesday. Gross domestic product increased a seasonally adjusted 0.5 percent from the previous quarter, when the economy expanded...

Hungary's producer prices decreased for the ninth consecutive month in April, figures from the Hungarian Central Statistical Office showed Tuesday. The producer price index fell 1.4 percent year-over-year in April, slower than the 1.6 percent drop in March. Domestic market producer prices dipped...

Germany's unemployment rate held steady in April, after falling slightly in the previous month, preliminary figures from Destatis showed Tuesday. The adjusted jobless rate came in at 4.2 percent in April, the same rate as in the previous month. In the corresponding month last year, the unemployment...

Germany's retail sales dropped unexpectedly in April, figures from Destatis revealed Tuesday. Retail turnover decreased 0.9 percent in April from March, confounding expectations for a 0.9 percent rise. This was the second consecutive drop in sales. The turnover had declined 1.4 percent in March...

Estonia's retail sales growth quickened in April, after easing in the previous two months, figures from Statistics Estonia showed Tuesday. The volume of retail sales excluding vehicles climbed 6.0 percent year-over-year in April, faster than the 3.0 percent gain in March. Sales have been rising since...

Japanese auto production declined on weak foreign demand in April, data published by the Japan Automobile Manufactures Association showed Tuesday. Auto production decreased 9.7 percent from last year to 643,901 units in April after recovering a month ago. Exports slid 2.8 percent after two months...

Estonia's industrial production increased for the first time in thirteen months in April, figures from Statistics Estonia showed Tuesday. Industrial production rose a working-day-adjusted 0.8 percent year-over-year in April, reversing a 5.0 percent decline in the previous month. Production in the...

Japan's small business sentiment deteriorated in May, figures released by the Shoko Chukin Bank showed Tuesday. The small business confidence index fell to 45.6 from 47.8 in April. Economists had forecast the indicator to drop slightly to 47.5. The indicator is expected to improve to 47.6 next...

Japan's housing starts expanded at the fastest pace in 10 months in April, the Ministry of Land, Infrastructure, Transport and Tourism said Tuesday. Housing starts grew by more-than-expected 9 percent year-on-year in April, the biggest growth since June 2015, when it climbed 16.3 percent. Economists...

Malaysia's producer prices decreased further in April, though at a slower pace than in the previous month, figures from the Department of Statistics showed Tuesday. The producer price index fell 2.8 percent year-over-year in April, after a 3.9 percent decline in March. Among the main industrial...

Total credit to the private sector in Australia increased in April, in line with expectations, the Reserve Bank of Australia said on Tuesday. Private sector credit rose a seasonally adjusted 0.5 percent month-over-month in April, after a 0.4 percent spike in the previous month. The figure also matched...

EEP15-011515_31May16.jpg Flash consumer prices and unemployment figures from euro area are due on Tuesday, headlining a busy day for the European economic news.

Australia's current account deficit decreased in the three months ended March, figures from the Australian Bureau of Statistics showed Tuesday. The seasonally adjusted current account deficit narrowed to A$20.8 billion in the first quarter from A$22.6 billion in the fourth quarter. In seasonally...

The total number of building approvals issued in Australia climbed unexpectedly in April, the Australian Bureau of Statistics said on Tuesday. The seasonally adjusted estimate for total dwellings approved rose 3.0 percent monthly in April, following a 2.9 percent spike in March. It was the second...

Business confidence in New Zealand strengthened for the third straight month in May, the latest survey from ANZ Bank showed Tuesday. The business confidence index climbed to 11.3 in May from 6.2 in the previous month. The survey showed a net 11 percent of businesses were optimistic about prospects...

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