What parts of the world have the worst recent performances in industrial production? Here is a ranking of major countries with the lowest rate of growth (or fastest pace of decline) in industrial production:
Lithuania's consumer price inflation accelerated further in April to the highest level in more than two-and-a-half years. The consumer price index rose 5.3 percent year-on-year in April, faster than the 4.8 percent increase in March. Moreover, this was the highest inflation rate since August 2023, when prices climbed 6.2 percent.
Estonia's foreign trade deficit decreased in March from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 234 million in March from EUR 268 million in the same month last year. In February, the trade gap was EUR 439 million. Exports climbed 8.0 percent from last year, and imports were 6.0 percent higher.
Norway's consumer price inflation eased somewhat in April after accelerating in March. The consumer price index rose 3.4 percent year-over-year in April, slower than the 3.6 percent gain in March. Inflation based on housing and utilities moderated to 3.6 percent in April from 4.9 percent in the prior month. Producer price inflation surged to 22.7 percent in April from 16.9 percent in March.
China's inflation accelerated unexpectedly on energy prices in April, data from the National Bureau of Statistics showed Monday. Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March. Prices were expected to rise 0.9 percent. At the same time, core inflation edged up...