June 14, 2024 9:46 am
Italy reported a trade surplus of EUR 4.807 billion in April, which compares with a EUR 0.362 billion surplus in April 2023. The latest figure exceeded market expectations of EUR 4.25 billion. Prices of essential commodities for the local economy have dropped since the beginning of Russia’s special military operation in Ukraine, while restricting turnover […]
Read moreJune 14, 2024 7:29 am
Export prices in South Korea rose at an annual rate of 7.5% in May, data by the Bank of Korea showed, after a revised up 6.5% increase in April. It has been the most significant YoY surge in export prices since November 2022. In May, prices went up at a faster rate for manufacturing products […]
Read moreJune 13, 2024 4:55 pm
Gold production in South Africa was reported to have contracted 1.7% year-on-year in April, or at a slower rate compared to the prior month (-4.3% YoY). April has been the sixth straight month of output decline, but the pace has been the softest since September 2023. That performance contributed negatively to the volume of mining […]
Read moreJune 12, 2024 12:17 pm
Annual CPI inflation in India has slowed further, to 4.75% in May from 4.83% in April, data showed on Wednesday. In comparison, a consensus of analyst estimates had pointed to an acceleration to 4.9%. It has been the lowest CPI inflation in a year. The inflation rate has remained within the central bank’s medium-term target […]
Read moreJune 12, 2024 10:00 am
The GBP/USD currency pair edged higher on Wednesday, while rebounding from a two-week low of 1.2688, ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year […]
Read moreJune 12, 2024 7:56 am
The EUR/USD currency pair remained stuck in a narrow trading range on Wednesday ahead of the outcome of the Federal Reserve’s two-day policy meeting and the release of US CPI inflation figures for May. The Fed is widely expected to leave its federal funds rate target range without change at a 23-year high of 5.25%-5.50% […]
Read moreJune 11, 2024 2:56 pm
The value of building permits in Canada has risen at a monthly rate of 20.5% to $12.8 billion in April, after a 12.3% decrease in March, data by Statistics Canada showed. The actual rate well exceeded market consensus of a 2.2% increase. In April, residential permits rose at a monthly rate of 21% to $8 […]
Read moreJune 10, 2024 4:17 pm
Consumer morale in Switzerland was almost unchanged from a month ago in May, with the gauge of confidence coming in at a reading of -38, up from -38.1 in April. The latest figure remained considerably below the long-term average level, the State Secretariat for Economic Affairs said. The gauge of expected economic development remained little […]
Read moreJune 10, 2024 11:39 am
Sweden’s industrial production has contracted at the steepest annual rate since July 2023 in April, data showed on Monday. Industrial production has decreased 4.4% year-on-year in April, following a revised down 2% expansion in March. In April, manufacturing output shrank 5.3% YoY after a 1.5% growth in the preceding month, Statistics Sweden reported. Meanwhile, production […]
Read moreJune 10, 2024 9:16 am
Norway’s annual consumer price inflation has decelerated further, to 3% in May, from 3.6% in April, the latest data by Statistics Norway showed. It has been the lowest CPI inflation rate since July 2021. In May, inflation slowed for food & non-alcoholic beverages (5.4% YoY from 6.8% YoY in April), housing & utilities (0.1% YoY […]
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