What parts of the world are seeing the highest wholesale inflation? Here is a ranking of countries with the highest rates of growth in their producer price index, or PPI:
The Treasury Department kicked off this week's series of announcements of the results of its long-term securities auctions on Monday, revealing this month's auction of $58 billion worth of three-year notes attracted below average demand. The three-year note auction drew a high yield of 3.965 percent...
After reporting a sharp pullback by U.S. existing home sales in the previous month, the National Association of Realtors released a report on Monday showing existing home sales rebounded by much less than expected in the month of April. NAR said existing home sales crept up by 0.2 percent to an annual rate of 4.02 million in April.
The foreign trade deficit of Cyprus widened in March from a year ago as imports grew faster than exports. The goods trade deficit increased to EUR 703.8 million from EUR 609.7 million in the same month last year. Meanwhile, the shortfall decreased from EUR 876.1 million. Total exports of goods rose 6.7 percent annually in March, and imports logged a double-digit growth of 11.6 percent.
The Czech Republic's retail sales expanded at an accelerated pace in March. Retail sales, except for motor vehicles and motorcycles, rose a calendar-adjusted 4.9 percent year-on-year in March, faster than the 3.7 percent increase in February. The annual sales growth in food, beverages, and tobacco accelerated to 4.8 percent in March from 0.9 percent.