The total number of building approvals issued in Australia was down a seasonally adjusted 3.4 percent on month in April, the Australian Bureau of Statistics said on Tuesday - coming in at 16,710. Approvals for private sector houses dipped 1.0 percent on month to 10,088, while approvals for private...
Australia posted a seasonally adjusted current account deficit of A$27.1 billion in the first quarter of 2026, the Australian Bureau of Statistics said on Tuesday. That missed forecasts for a shortfall of A$23.1 billion following the downwardly revised A$23.0 billion deficit in the previous three...
The monetary base in Japan was down 12.2 percent on year in May, the Bank of Japan said on Tuesday - coming in at 575.763 trillion yen. That missed expectations for a decline of 9.5 percent following the 11.3 percent drop in April. Banknotes in circulation fell an annual 1.7 percent, while coins...
Australia is scheduled to release a batch of data on Tuesday, highlighting a busy day for Asia-Pacific economic activity. On tap are April numbers for building approvals and private sector credit and Q1 figures for current account and company gross operating profits. In March, building approvals were...
A report released by the Commerce Department on Monday showed construction spending in the U.S. increased from a downwardly revised level in the month of April. The Commerce Department said construction spending climbed by 0.4 percent to an annual rate of $2.172 trillion in April after rising by 0.2 percent to a revised rate of $2.164 trillion in March.
Manufacturing activity in the U.S. expanded for the fifth consecutive month in May, according to a report released by the Institute for Supply Management on Monday. The ISM said its manufacturing PMI rose to 54.0 in May from 52.7 in April, with a reading above 50 indicating growth. Economists had expected the index to inch up to 53.1.
Bulgaria's consumer price inflation accelerated further in May to the highest level in more than two-and-a-half years. The consumer price index, or CPI, climbed 7.0 percent year-over-year in May, faster than the 6.8 percent rise in April. The rise in inflation was largely driven by a 22.1 percent jump in transportation costs. On a monthly basis, consumer prices increased 0.2 percent.
The UK manufacturing activity expanded at the quickest pace in four years despite facing inflationary and supply chain pressures. The final manufacturing Purchasing Managers' Index rose to a 48-month high of 53.9 in May from 53.7 in the previous month. Output grew for the second successive month, led by expansions in the intermediate and investment goods industries.
The Swiss economy expanded less than estimated in the first quarter on subdued domestic demand, data from the State Secretariat for Economic Affairs, or SECO, showed Monday. Gross domestic product grew 0.4 percent in the first quarter, which was revised down from the initial estimate of 0.5 percent.
The Polish economic growth moderated slightly less than estimated initially in the first quarter. Gross domestic product advanced an unadjusted 3.5 percent yearly in the first quarter, slower than the 4.1 percent rise in the final quarter of 2025. On the expenditure side, the annual growth in household consumption eased to 3.3 percent from 4.3 percent.
Turkey's economic growth moderated further in the first quarter of 2026. Gross domestic product posted an annual growth of 2.5 percent after rising 3.4 percent in the fourth quarter. The expenditure breakdown showed that the yearly growth of household final consumption eased to 4.8 percent from 5.2 percent, and government expenditure rose by 2.1 percent.
The upturn in the euro area manufacturing sector lost momentum in May amid rising prices and supply disruptions due to the war in the Middle East, final survey results from S&P Global showed Monday. The manufacturing Purchasing Managers' Index fell to 51.6 in May from a near four-year high of 52.2 in the prior month. The flash score was 51.4.
Dutch manufacturing activity expanded at the quickest pace in almost four years due to a pick in demand amid efforts to build safety stocks as supply chain conditions declined further. The Nevi Manufacturing Purchasing Managers' Index rose to 55.9 in May from 54.4 in April. The increase in new orders was attributed to stockpiling efforts by customers amid disruptions to supply chains.
Loans to the euro area private sector registered a steady growth in April and the annual increase in money supply slowed to the lowest since mid-2024, the European Central Bank said Monday. Adjusted loans to the private sector increased 3.5 percent, unchanged from the previous month. Within this,...
Sweden's industrial economy expanded at the quickest pace in more than four years in May. The purchasing managers' index for the manufacturing sector rose to 57.3 in May from 57.0 in April. Among components, the employment sub-index was the largest contributor to the rise in the PMI, followed by inventory purchases. Price pressures intensified to the highest level since spring 2022.
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.