The manufacturing sector in New Zealand continued to expand in April, albeit at a slower pace, the latest survey from BusinessNZ revealed on Friday with a Performance of Manufacturing Index score of 50.5. That's down from 52.8 in March, although it remains above the boom-or-bust line. The strongest...
Export prices in South Korea were up 7.1 percent on month in April, the Bank of Korea said on Friday - easing from 17.0 percent in March. Individually, export prices for agricultural, forestry and marine products was up 10.1 percent and manufacturing products rose 7.1 percent. Import prices were...
Hong Kong will on Friday release Q1 numbers for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. In the previous three months, GDP was up 2.9 percent on quarter and 5.9 percent on year. Malaysia will provide Q1 data for GDP and current account. GDP is expected...
Federal Reserve Governor Stephen Miran resigned from his position on the policy board "effective upon or shortly before the swearing in" of the chairman-designate Kevin Warsh. President Donald Trump nominated Miran as a member of the Board of Governors in September last year after Adriana Kugler stepped down. His term ended on January 31.
The European Central Bank may opt for an interest rate hike if the sustained rise in crude oil price raise energy costs and inflation expectations substantially, ECB Governing Council member and Bank of Latvia chief Martins Kazaks said on Thursday.
The Treasury Department on Thursday announced the details of this month's auction of twenty-year bonds. The Treasury revealed plans to sell $16 billion worth of twenty-year bonds, with the results of the auction due to be announced next Wednesday. Last month, the Treasury sold $13 billion worth...
Partly reflecting a jump in wholesale inventories, the Commerce Department released a report on Thursday showing U.S. business inventories increased by slightly more than expected in the month of March. The report said business inventories climbed by 0.9 percent in March after rising by 0.4 percent in February. Economists had expected business inventories to grow by 0.8 percent.
The Labor Department released a report on Thursday showing a substantial increase in import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to jump by 1.0 percent.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March.
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists had expected jobless claims to rise to 205,000.
The Labor Department released a report on Thursday showing a substantial increase by import prices in the U.S. in the month of April. The report said import prices shot up by 1.9 percent in April after climbing by an upwardly revised 0.9 percent in March. Economists had expected import prices to...
Ireland's consumer price inflation accelerated in April to the highest level in more than two years. The consumer price index climbed 3.7 percent year-over-year in April, slightly faster than March's increase of 3.6 percent. Moreover, this was the highest inflation rate since January 2024. Inflation based on housing and utilities accelerated to 8.1 percent from 7.2 percent.
A report released by the Commerce Department on Thursday showed retail sales in the U.S. increased in line with economist estimates in the month of April. The Commerce Department said retail sales climbed by 0.5 percent in April after jumping by a downwardly revised 1.6 percent in March. Economists...
First-time claims for U.S. unemployment benefits rose by more than expected in the week ended May 9th, according to a report released by the Labor Department on Thursday. The report said initial jobless claims climbed to 211,000, an increase of 12,000 from the previous week's revised level of 199,000. Economists...
Spain's consumer price inflation moderated in April, as initially estimated, revised data from the statistical office INE showed Thursday. Consumer price inflation slowed to 3.2 percent from 3.4 percent in March. The rate matched the estimate released on April 29. Underlying inflation edged down...
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.