May 30, 2024 11:33 am
Consumer confidence in Sweden has reached its highest level since February 2022 in May, the latest data by the National Institute of Economic Research showed. The consumer confidence indicator in the country was reported at a reading of 91.3 in May, up from 88.8 in the preceding month. In the meantime, consumers’ optimism about the […]
Read moreMay 29, 2024 5:20 pm
Producer prices in Singapore edged up 0.1% year-on-year in April, the latest data by Statistics Singapore showed on Wednesday. This marked the fourth consecutive month of decreasing domestic supply prices. In April, prices decreased at a slower rate for crude materials (-2.8% YoY compared to -7.4% YoY in March), animal & vegetable oils, fats & […]
Read moreMay 28, 2024 5:00 pm
Sweden reported a trade surplus of SEK 7.9 billion in April, which compares with a deficit of SEK 2.1 billion in the same month of 2023. The nation’s total exports surged 12.3% year-on-year to SEK 183.1 billion in April, data by Statistics Sweden showed. The latter reflected an increase in shipments to the European Union […]
Read moreMay 28, 2024 2:31 pm
Wholesale prices in Germany have decreased at an annualized rate of 1.8% in April, data by the Federal Statistical Office showed on Tuesday. The latter has been a slowdown from a 2.6% drop in March. April marked the 12th consecutive month of decreasing producer prices and also the slowest drop since August 2023. Last month, […]
Read moreMay 27, 2024 5:12 pm
The seasonally adjusted unemployment rate in Norway was reported to have risen to 4.3% in April from 4% in March. It has been the highest jobless rate since January. The number of unemployed individuals rose by 12,000 from the prior month to 131,000, data by Statistics Norway showed. At the same time, the number of […]
Read moreMay 27, 2024 10:33 am
The Ifo Business Climate gauge for Germany was reported at a level of 89.3 in May, or unchanged compared to April. Yet, the latest reading came below market consensus of 90.4. The sub-index of current conditions decreased to 88.3 in May from 88.9 in April. At the same time, the sub-index of business expectations registered […]
Read moreMay 26, 2024 4:26 pm
Producer prices in Sweden increased at an annualized rate of 0.9% in April, data by Statistics Sweden showed. That followed a 0.6% slump in March. It has also been the first month of producer price growth since April 2023. Prices dropped at a slower rate for energy-related products (-4.4% YoY compared to -6.8% YoY in […]
Read moreMay 26, 2024 12:09 pm
Non-farm payrolls in Switzerland were reported to have increased 1.8% year-on-year to 5.484 million during the first quarter of this year. The figure came slightly below the record high of 5.488 million reported in the fourth quarter of 2023. In Q1, employment levels in the industrial sector rose 0.7% YoY to 1.131 million, underpinned by […]
Read moreMay 25, 2024 4:04 pm
Germany’s economy has returned to growth in the first quarter of 2024, data by the Federal Statistical Office showed. The country’s GDP rose 0.2% quarter-on-quarter in Q1, which matched both a preliminary estimate and market consensus. Growth was mostly attributed to a rebound in gross fixed capital formation (1.2% QoQ after a 2.1% drop in […]
Read moreMay 25, 2024 11:18 am
Singapore’s manufacturing output has decreased at an annualized rate of 1.6% in April, while slowing from a 9.2% contraction in March. The latest data confounded market consensus of a 0.2% growth. In April, production rebounded for transport engineering (10.6% YoY after a 7.3% YoY drop in March) and for general manufacturing industries (7.3% YoY following […]
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