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.
Latvia's foreign trade deficit increased in March from a year ago, as imports grew faster than exports. The trade deficit rose to EUR 394.6 million in March from EUR 270.1 million in the corresponding month last year. In February, the shortfall was EUR 334.2 million. Exports climbed 6.0 percent annually in March, and imports were 11.4 percent higher.
Denmark's consumer price inflation increased in April to the highest level in four months. The consumer price index rose 1.4 percent year-over-year in April, faster than the 1.2 percent increase in March. he upward trend in inflation was driven by a 3.3 percent growth in transport charges, mainly driven by a surge in fuel costs, which surged 19.3 percent.
Turkey's retail sales growth accelerated in March to the highest level in more than two years. The volume of retail sales surged 21.2 percent on a yearly basis in March, faster than the 15.6 percent increase in February. Moreover, this was the fastest growth since February 2024, when sales rose 25.8 percent.
Romania's foreign trade deficit increased in March from a year ago as exports grew faster than imports. The trade gap rose to EUR 2.93 billion in March from EUR 2.86 billion in the corresponding month last year. In February, there was also a shortfall of EUR 2.42 billion. Exports climbed 6.2 percent year-on-year in March, and imports rose by 5.3 percent.
China's inflation unexpectedly accelerated and factory gate inflation hit a 45-month high in April as the war in the Middle East stoked energy prices, official data showed Monday. Consumer price inflation rose to 1.2 percent in April from 1.0 percent in March, the National Bureau of Statistics reported. Prices were expected to climb 0.9 percent.
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...
China will on Monday release April figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. In March, consumer prices were down 0.7 percent on month and up 1.0 percent on year, while producer prices added an annual 0.5 percent. Australia will provide...
The Commerce Department released a report on Friday showing a sharp increase in U.S. wholesale inventories in the month of March. The report said wholesale inventories shot up by 1.3 percent in March after climbing by an upwardly revised 0.9 percent in February.
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.