May 3, 2024 8:26 am
The Norwegian Krone firmed to an intraday high against the Euro on Friday, after Norway’s central bank left interest rates on hold at its May policy meeting, in line with market expectations. Norges Bank left its key policy rate without change at 4.5% and said the rate would remain at the current level for “some […]
Read moreMay 2, 2024 8:36 am
Annual consumer price inflation in Switzerland has accelerated to its highest level since December 2023 in April, the latest data by the Swiss Federal Statistical Office showed. The annual inflation rate was reported at 1.4% in April, up from 1% in March and compared to market consensus of 1.1%. The latest reading was driven by […]
Read moreApril 30, 2024 10:13 am
Annual consumer price inflation in the Euro Area has remained stable at 2.4% in April, in line with market consensus, preliminary data by Eurostat showed on Tuesday. Prices rose at a slower rate for non-energy industrial goods (0.9% YoY compared to 1.1% YoY in March) and for services (3.7% YoY compared to 4% YoY in […]
Read moreApril 30, 2024 7:51 am
Annual consumer price inflation in France has slowed to its lowest level since September 2021 in April, a preliminary figure showed on Tuesday. Annual CPI inflation decelerated to 2.2% in April from 2.3% in March, while market consensus had pointed to a bigger slowdown to 2.1%. In April, prices rose at a slower rate for […]
Read moreApril 29, 2024 12:59 pm
Annual consumer price inflation in Germany held steady at 2.2% in April, a preliminary figure showed on Monday. It has been the lowest inflation rate since May 2021, while market consensus had pointed to an acceleration to 2.3%. In April, services inflation slowed to 3.4% from 3.7% in March, data by the Federal Statistical Office […]
Read moreApril 29, 2024 10:50 am
Sweden’s economy has contracted 0.1% quarter-on-quarter in Q1 of 2024, preliminary data by Statistics Sweden showed on Monday. The actual figure came in line with market expectations. “Swedish economic activity continued to weaken in the first quarter of 2024 with contractions in February and March. This is the fourth consecutive quarter with negative growth,” Mattias […]
Read moreApril 29, 2024 8:52 am
Annual consumer price inflation in Spain has picked up to 3.3% in April from 3.2% in March, a preliminary figure showed on Monday. It has been the highest CPI inflation rate since January, but it was reported below market consensus of 3.4%. The CPI acceleration was mostly attributed to a surge in gas prices, which […]
Read moreApril 28, 2024 3:11 pm
The Bank of Russia (CBR) left its key policy rate without change at 16% for a third consecutive meeting in April, in line with market expectations. The central bank warned that interest rates would need to remain elevated for longer than previously anticipated to bring inflation under control. Upside risks to inflation persisted, as a […]
Read moreApril 28, 2024 11:29 am
Sweden has reported a 54.7% drop in its trade balance surplus in March from a year earlier. The country’s trade surplus shrank to SEK 4.8 billion in March from SEK 10.6 billion in the same month of 2023, the latest data by Statistics Sweden showed. Total exports plunged 10.7% year-on-year to SEK 176.2 billion in […]
Read moreApril 27, 2024 3:37 pm
Singapore’s manufacturing output shrank at an annual rate of 9.2% in March, following a revised up 4.4% growth in February, according to data by Singapore Economic Development Board. In comparison, market consensus had pointed to a considerably smaller decrease, by 1.5%. It has been the steepest year-on-year contraction since August 2023. In March, production substantially […]
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