The foreign trade deficit of Cyprus increased in April from a year ago as imports grew faster than exports. The goods trade deficit rose to EUR 1.0 billion from EUR 797.1 million in the same month last year. In March, the shortfall was EUR 705 million. Total exports of goods rose 7.6 percent annually in April, while imports logged a double-digit growth of 15.1 percent.
Slovakia's foreign trade surplus increased in April from a year ago as exports grew faster than imports. The trade balance showed a surplus of EUR 76.0 million in April versus a deficit of EUR 90.1 million in the corresponding month last year. The favorable foreign trade balance in April was driven mainly by a higher surplus in machinery and transport equipment.
Portugal's foreign trade shortfall decreased in April from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 2.9 billion in April from EUR 3.0 billion in the same month last year. Exports climbed 15.5 percent year-over-year in April, and imports were 11.0 percent higher. During April, Portugal's main export partner country was Spain.
Latvia's consumer price inflation accelerated in May to the highest level in five months. The consumer price index rose 3.5 percent year-on-year in May, faster than the 2.9 percent increase in April. Moreover, a similar inflation rate was last seen in December 2025.
Germany's industrial production expanded for the first time in five months in April but the growth remained moderate as geopolitical tensions clouds outlook. Industrial output increased 0.4 percent on a monthly basis, in line with expectations but in contrast to the revised 0.1 percent fall in March, data from Destatis revealed Tuesday. Moreover, this was the first growth since November.
Denmark's industrial production decreased in April after rebounding sharply in the previous month. Industrial production dropped a seasonally adjusted 1.1 percent month-on-month in April, reversing an 8.3 percent growth in March. Among industrial groups, production in the electronics industry declined the most by 15.8 percent, and the pharmaceutical sector dropped by 2.5 percent.
UK retail sales logged a strong growth in May as late Spring heatwave pushed up clothing and footwear sales, the British Retail Consortium said Tuesday. Retail sales increased 3.7 percent on a yearly basis in May compared to the 1.0 percent growth in the same period last year. Food sales grew...
Lithuania's foreign trade deficit increased in April from a year ago. The trade deficit rose to EUR 606.9 million in April from EUR 567.7 million in the corresponding month last year. In March, the shortfall was EUR 558.7 million. On an annual basis, exports climbed 18.2 percent in April, and imports also logged a sharp growth of 16.4 percent.
Hungary's consumer price inflation moderated for the first time in three months in May. Consumer prices climbed 1.8 percent year-on-year in May, slower than the 2.1 percent rise in April. Food inflation softened to 0.5 percent from 1.5 percent. Costs for consumer durable goods grew at a slower rate of 2.4 percent versus 2.7 percent in April
Norway's producer price inflation accelerated further in May to the highest level in nearly four years. The producer price index climbed 24.0 percent year-on-year in May, following a 22.7 percent spike in the prior month. Prices in the utility sector alone grew by 58.5 percent from last year, and those for energy goods rose sharply by 41.2 percent.
Estonia's foreign trade deficit increased in April from a year ago. The trade deficit rose to EUR 365 million in April from EUR 347 million in the same month last year. In March, the trade gap was EUR 227 million. Exports climbed 13.0 percent from last year, and imports were 12.0 percent higher. Estonia's top export partner in April was Finland, followed by Latvia and Lithuania.
Finland's foreign trade deficit decreased somewhat in April from a year ago as exports grew faster than imports. The trade deficit dropped to EUR 325 million in April from EUR 335 million in the corresponding month last year. The value of exports surged 19.8 percent annually in April, and imports were 18.6 percent higher.
Germany's exports increased unexpectedly in April and growth in imports slowed notably, data from Destatis revealed Tuesday. Exports grew at a faster pace of 0.9 percent month-on-month in April, following March's 0.3 percent increase. Economists had forecast exports to fall 0.3 percent. Meanwhile,...
Dutch consumer price inflation increased as estimated initially in May to the highest level in just over a year amid soaring energy costs. Consumer prices logged an annual increase of 3.5 percent in May, faster than the 2.8 percent rise in April. Costs for fuels and lubricants surged 27.5 percent from last year, and transport inflation was 9.9 percent in May, which was 6.9 percent in April.
Germany's industrial production expanded for the first time in five months in April, data from Destatis revealed Tuesday. Industrial output increased 0.4 percent on a monthly basis, in contrast to the revised 0.1 percent fall in March. The monthly growth rate came in line with expectations and marked...
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.