The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected industrial production to rise by 0.3 percent.
New York manufacturing activity grew strongly in the month of May, the Federal Reserve Bank of New York said in a report released on Friday. The New York Fed said its general business conditions index shot up to 19.6 in May from 11.0 in April, with a positive reading indicating growth. The increase surprised economists, who had expected the index to pull back to 7.8.
Consumer price inflation in Croatia increased as initially estimated in April to the highest level in two-and-a-half years. The consumer price index climbed 5.8 percent year-on-year in April, faster than the 4.8 percent rise in March. Inflation based on transportation accelerated sharply to 13.1 percent in April from 7.0 percent a month ago amid higher fuel costs.
The Federal Reserve released a report on Friday showing industrial production in the U.S. rebounded by much more than anticipated in the month of April. The report said industrial production climbed by 0.7 percent in April after falling by a revised 0.3 percent in March. Economists had expected...
India's trade deficit widened more than expected in April due to Middle East tensions and Strait of Hormuz blockade affecting both exports and imports, data from the Ministry of Commerce & Industry showed Friday. Exports of goods rose to $43.56 billion from $38.28 billion last year. Imports climbed...
Slovenia's GDP rose a non-seasonally adjusted 3.0 percent year-on-year, faster than the 2.0 percent increase in the previous quarter. The economy has been expanding since the second quarter of 2025. The expenditure breakdown showed that household consumption showed an increase of 2.7 percent, and general government expenditure was 3.9 percent higher.
New York manufacturing activity grew strongly in the month of May, the Federal Reserve Bank of New York said in a report released on Friday. The New York Fed said its general business conditions index jumped to 19.6 in May from 11.0 in April, with a positive reading indicating growth. The increase...
Hong Kong's economy grew at a faster pace in the first quarter of 2026, as initially estimated. Gross domestic product advanced 5.9 percent year-over-year in the first quarter, faster than the 4.0 percent growth in the fourth quarter. The acceleration of growth in the March quarter was driven by the sustained strong performance in external trade and pickup in domestic demand.
Malaysia's economy expanded at a faster than estimated pace in the first quarter, underpinned by household spending and investment, data from the Department of Statistics showed Friday. Gross domestic product logged an annual growth of 5.4 percent, which was revised up from the initial estimate of 5.3 percent. This followed a revised 6.2 percent expansion in the fourth quarter of 2025.
Poland's consumer price inflation accelerated as initially estimated in April to the highest level in nearly a year. The consumer price index climbed 3.2 percent year-over-year in April, faster than the 3.0 percent increase in March. Moreover, this was the highest inflation rate since June 2025, when prices rose 4.1 percent. On a monthly basis, consumer prices moved up 0.6 percent.
Consumer price inflation in Italy increased slightly less than initially estimated in April to the highest level in more than two-and-a-half years. Consumer price inflation accelerated to 2.7 percent in April from March's 1.7 percent. The upward trend in inflation was primarily driven by a 9.6 percent growth in costs for non-regulated energy products, which fell 2.0 percent in March.
Estonia's unemployment rate increased in the first quarter. The jobless rate rose to 7.1 percent in the March quarter from 6.4 percent in the previous quarter. In the corresponding period last year, the rate was 8.6 percent. There were 52,200 unemployed people in the country, compared to 47,100 in the previous quarter.
Japan's machine tool orders expanded at an accelerated pace in April amid both strong domestic and foreign demand. Machine tool orders jumped 45.1 percent year-on-year in April, following a 28.0 percent growth in the previous month. Moreover, this was the tenth successive monthly rise. Domestic orders grew 43.4 percent from last year, and foreign demand was 45.7 percent higher.
Norway's foreign trade surplus increased sharply in April from a year ago as exports surged amid a fall in imports. The trade surplus rose to NOK 84.2 billion in April from NOK 53.2 billion in the same month last year. Meanwhile, the surplus decreased from NOK 96.4 billion in March. Exports grew 20.9 percent annually in April, while imports were 0.4 percent lower.
Producer prices in Japan were up 2.3 percent on month in April, the Bank of Japan said on Friday. That was far higher than forecasts for an increase of 0.7 percent and up sharply from the upwardly revised 1.0 percent gain in March (originally 0.8 percent). On an annual basis, producer prices spiked...
May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.