June 4, 2024 3:06 pm
The number of job openings in the US was reported at 8.059 million in April, or a decrease by 296,000 compared to the prior month. It has been the lowest number of openings since February 2021 and fell well short of market expectations of 8.34 million. In April, job openings were lower in health care […]
Read moreJune 4, 2024 10:55 am
The seasonally adjusted jobless rate in Germany was reported at 5.9% for a sixth straight month in May, in line with market expectations. This has been the highest jobless rate in the EU’s largest economy in three years. The number of unemployed persons in the country rose by 25,000 to 2.762 million in May. This […]
Read moreJune 4, 2024 8:04 am
Annual consumer price inflation in Switzerland has remained stable at 1.4% in May, the latest data by the Swiss Federal Statistical Office showed on Tuesday. It has been the highest inflation rate since December 2023. Price increase accelerated for housing and utilities, by 3.8% YoY after a 3.3% YoY rise in April. Cost of transport […]
Read moreJune 4, 2024 6:39 am
Annual consumer price inflation in South Korea has decelerated to 2.7% in May from 2.9% in April, the latest data by Statistics Korea showed. It has been the lowest CPI inflation rate since July 2023. In comparison, market consensus had pointed to a slower CPI easing – to 2.8%. In May, prices increased at a […]
Read moreJune 2, 2024 12:24 pm
Retail sales in Switzerland were reported to have risen at the sharpest annual rate since February 2022 in April. Retail sales went up 2.7% year-on-year in April, while rebounding from a 0.2% drop in March, the data showed. The latest figure far exceeded market consensus of a 0.2% rise. In April, sales of non-food products […]
Read moreJune 1, 2024 3:44 pm
Spain has reported a surplus of EUR 3.285 billion on its current account in March, which compared with a EUR 5.911 billion surplus in March of 2023. The nation’s goods and services surplus shrank to EUR 5.244 billion in March from EUR 6.741 billion a year earlier. Spain’s tourism account registered a EUR 5.100 billion […]
Read moreJune 1, 2024 11:26 am
Total bank lending in Singapore came in at SGD 804.3 billion in April, data by the Monetary Authority of Singapore showed. That figure compared with a 15-month high of SGD 807.8 billion in March. Lending to corporate sector decreased to SGD 491.8 billion in April from SGD 495.3 billion in March, the data showed. In […]
Read moreMay 31, 2024 2:09 pm
Retail sales in Germany were reported to have contracted at a monthly rate of 1.2% in April, or much more compared to market expectations of a 0.2% drop. That followed a revised up 2.6% surge in March. Sales in the German food retail sector shrank considerably in April, by 3.7%, while non-food sales edged up […]
Read moreMay 31, 2024 9:45 am
Annual consumer price inflation in France has remained stable at 2.2% in May, a preliminary figure showed on Friday. A consensus of analyst estimates had pointed to an acceleration to 2.4%. It has been the lowest inflation rate since September 2021. In May, prices increased at a faster rate for food (1.3% YoY compared to […]
Read moreMay 30, 2024 2:41 pm
The South African Reserve Bank left its benchmark repo rate at a 15-year high of 8.25% at its May policy meeting, in line with market consensus. The central bank left borrowing costs on hold for the sixth meeting in a row after its rate-hiking campaign. Despite that inflation outlook risks were seen as broadly balanced, […]
Read more