LOGO
LOGO

economy and the numbers

  • U.K. House Prices Fall For Third Month: Halifax Survey June 05, 2026 11:33 ET

    House prices in the U.K. fell for a third month in a row in May amid the global uncertainty linked to the tensions in West Asia and subdued demand due to higher borrowing costs, results of a survey by S&P Global showed on Friday. The house price index fell 0.1 percent month-on-month in May, same as in April, the S&P Global survey conducted for the Lloyds Bank subsidiary Halifax revealed.

  • U.S. Job Growth Far Exceeds Estimates In May June 05, 2026 09:42 ET

    Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The Labor Department said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April.

  • U.S. Employment Jumps By 172,000 Jobs In May, Much More Than Expected June 05, 2026 08:38 ET

    Employment in the U.S. jumped by much more than expected in the month of May, according to a closely watched report released by the Labor Department on Friday. The report said non-farm payroll employment shot up by 172,000 jobs in May after surging by an upwardly revised 179,000 jobs in April. Economists...

  • India GDP Growth Accelerates June 05, 2026 08:22 ET

    India's economy logged robust growth in the March quarter despite geopolitical tensions, official data showed Friday. Gross domestic product grew 7.8 percent on a yearly basis in the January to March quarter, the Ministry of Statistics and Programme Implementation reported. This was weaker than...

  • Eurozone Economy Shrinks For First Time Since 2022 June 05, 2026 08:17 ET

    The euro area economy contracted for the first time in more than three years in the first quarter, in contrast to the earlier estimates, dragged down by the massive slump in Ireland, official data revealed Friday. Gross domestic product shrank 0.2 percent on a quarterly basis, offsetting the 0.2 percent growth seen in the fourth quarter, latest data from the statistical office Eurostat showed.

  • India Maintains Key Interest Rates; Unveils Measures To Boost Dollar Inflows June 05, 2026 07:05 ET

    The Reserve Bank of India left its key policy rates unchanged on Friday and unveiled a slew of measures to attract dollar inflows as the rupee continues to slide amid a mix of surging oil prices, foreign capital outflows from emerging markets and geopolitical risks triggered by the Middle East conflict. The Monetary Policy Committee unanimously decided to hold interest rates.

  • BoE DMP Survey Shows Firms Raise Year-ahead Output Price Inflation Expectations June 05, 2026 05:36 ET

    A Bank of England survey showed on Friday that businesses expect a bigger increase in their costs in the one year-ahead horizon but lowered their view on the consumer price inflation for the same period. Firms raised their year-ahead own-price inflation expectation to 4.0 percent in the three months to May from 3.8 percent in the three months to April, the DMP survey showed.

  • India Holds Key Interest Rates; Upgrades Inflation Forecast June 05, 2026 02:37 ET

    The Reserve Bank of India left its key policy rates unchanged on Friday, and upgraded its inflation outlook citing higher oil prices and monsoon uncertainty. The Monetary Policy Committee, governed by Sanjay Malhotra, unanimously decided to hold the policy repo rate at 5.25 percent. The committee also decided to continue with the neutral stance.

  • Japan Household Spending Slips 0.5% On Year In April June 04, 2026 20:23 ET

    The average of household spending in Japan was down 0.5 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday - coming in at 328,969 yen. That beat forecasts for a decline of 1.5 percent following the 2.9 percent drop in March. On a seasonally adjusted monthly...

  • Japan Household Spending Data Due On Friday June 04, 2026 18:00 ET

    Japan will on Friday release April numbers for household spending, highlighting a modest day for Asia-Pacific economic activity. Spending is expected to add 0.8 percent on month and fall 1.5 percent on year and sinking 1.3 percent on month and 2.9 percent on year in March. Japan also will see preliminary...

  • U.S. Q1 Labor Productivity, Costs Growth Revised Lower June 04, 2026 13:13 ET

    U.S. nonfarm business sector productivity slowed much more than initially estimated and unit labor costs increased less than expected in the first quarter of the year, revised data from the Department of Labor showed on Thursday.

  • Czech Central Bank Raises Countercyclical Capital Buffer Rate June 04, 2026 11:06 ET

    The Czech National Bank raised the countercyclical capital buffer rate on Thursday, citing strong lending activity, rising debt and increasing housing prices. The CNB bank board decided to increase the countercyclical capital buffer (CCyB) rate by 25 basis points to 1.5 percent with effect from July 1, 2027, at its financial stability meeting.

  • U.S. Jobless Claims Unexpectedly Climb To Nearly Four-Month High June 04, 2026 09:47 ET

    First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of 212,000.

  • U.S. Weekly Jobless Claims Unexpectedly Climb To 225,000 June 04, 2026 08:38 ET

    First-time claims for unemployment benefits in the U.S. unexpectedly increased in the week ended May 30th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 225,000, an increase of 13,000 from the previous week's revised level of...

  • Slovakian Retail Sales Fall 0.2% In April June 04, 2026 08:19 ET

    Slovakia's retail sales decreased slightly in April as the growth in specialized stores was offset by the weaker performance of supermarkets and e-shops. Retail sales dropped 0.2 percent year-on-year in April, reversing a 6.2 percent strong recovery in March. Sales at hyper- and supermarkets contracted 7.3 percent annually in April, and sales in e-shops were 9.2 percent lower.

Global Economics Weekly Update -May 18 – May 22, 2026

May 22, 2026 14:46 ET
Minutes of the latest Fed policy session was the highlight of the week along with survey data on the U.S. housing market. In Europe, survey data signaled the trends in the euro area private sector. Further, consumer price inflation data from the U.K. was in focus. In Asia, various economic indicators from China drew attention to the health of the economy.

Latest Updates on COVID-19