Mexico's unemployment rate increased more than economists expected in April, latest data showed Friday.
The unemployment rate, on an unadjusted basis, increased to 5.04 percent in April from 4.51 percent in March, statistical office INEGI said. Economists were looking for a figure of 4.67 percent....
After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April. The report said durable goods orders surged up by 3.3 percent in April after tumbling by a revised 5.9 percent in March.
Belgium's business confidence improved more than economists expected in May after staying virtually unchanged in the previous month, data released by the National Bank of Belgium showed Friday.
The business confidence index dropped to -12.4 in May from -14.7 in April. Economists had forecast a reading...
World trade increased at a steady pace in the first quarter, in a sign that the economy is expanding modestly, a report released by the Netherlands Bureau of Economic Policy Analysis, or the CPB, showed Friday.
The volume of international trade increased 0.7 percent sequentially in the first three...
After reporting a sharp drop in new orders for manufactured durable goods in the previous month, the Commerce Department released a report on Friday showing that durable goods orders rebounded by more than anticipated in the month of April.
Brazil's consumer confidence weakened slightly in May after staying unchanged in the previous month, data released by the Getulio Vargas Foundation (FGV) showed Friday.
The headline consumer confidence index dropped to 113.4 points in May from 113.9 points in April, which was unchanged from the preceding...
Sentiment among German companies strengthened in May for the first time since February due to an improvement in current conditions, indicating that the economy remains on track despite a challenging environment. Moreover, the GfK survey forecast German optimism to reach its highest level in more than five years.
The renewed improvement in Germany's economic sentiment indicates that the economy is set to record stronger growth in the second quarter, Capital Economics Senior European Economist Jennifer McKeown said Friday.
Capital Economics said that the faster-than-expected rise in business sentiment, as revealed...
Bank of England policymaker Paul Fisher said Friday that his vote at the monetary policy committee for extra bond purchases in the past few months was driven by the need to continue supporting the ongoing balance-sheet adjustments across the economy.
"My policy vote has been driven by the need to...
Foreign tourist arrivals in Turkey increased at a notably slower pace in April, preliminary data released by the Ministry of Culture and Tourism showed Friday.
The number of foreign tourists visiting the country increased 13.02 percent from last year to around 2.45 million in April, which was markedly...
Taiwan trimmed its growth outlook for 2013 despite lifting its estimate for the first quarter.
Contractual hourly wages in Italy increased at a steady pace in April, data from statistical office Istat showed Friday.
Wages increased 0.3 percent month-on-month in April following no change in March. Year-on-year, wages rose 1.4 percent, at the same pace as in February and March.
Wages recorded...
Mortgage approvals in the UK increased less than expected in April, the latest figures from the British Bankers' Association (BBA) showed Friday.
The number of loans approved for house purchase rose to 32,153 in April from 31,401 in March. Economists expected it to rise to 32,800.
Net mortgage...
A rebound in consumer spending helped the German economy thwart recession in the first quarter of 2013, detailed data from the Federal Statistical Office revealed Friday. However, the continued fall in firms' fixed asset investment and extreme weather conditions stifled the recovery. Market research group GfK predicts further increase in consumer confidence in June.
Germany's business sentiment improved to 105.7 in May from 104.4 in April, reports said citing a survey from the Ifo institute on Friday. The reading was forecast to remain unchanged at 104.4.
The assessment of current conditions rose to 110, from 107.3 a month ago. The reading was above the expected...