May 7, 2024 1:43 pm
Germany’s trade balance surplus has widened to EUR 22.3 billion in March from EUR 21.4 billion in February, the latest data by the Federal Statistical Office showed. In comparison, market consensus had pointed to a surplus of EUR 22.4 billion. Total exports went up 0.9% month-over-month to EUR 134.1 billion in March, while rebounding after […]
Read moreMay 7, 2024 8:09 am
Switzerland’s jobless rate was reported at 2.3% in April, down from 2.4% in March, the latest data by the State Secretariat for Economic Affairs showed on Tuesday. It has been the lowest rate since December 2023. The number of unemployed individuals decreased by 1,636 to 106,957 in April compared to a month ago. Switzerland’s youth […]
Read moreMay 6, 2024 11:46 am
Sweden’s services sector has contracted in April, data by Swedbank showed on Monday, which followed four consecutive months of expansion. The Services Purchasing Managers’ Index came in at a reading of 48.1 in April, down from a revised up 54.1 in March. Last month, new business volume dropped considerably, with the respective gauge down to […]
Read moreMay 5, 2024 3:36 pm
The jobless rate in Norway was reported at 2% in April, or unchanged from the prior month, data by the Norwegian Labour and Welfare Organisation showed. It has also been the lowest rate since December 2023. The number of unemployed persons in the country went down to 71,220 in April from 71,560 in March, the […]
Read moreMay 5, 2024 11:24 am
The jobless rate in the Euro Area was reported at an all-time low of 6.5% in March, or unchanged from the prior three months and also matching market consensus. In March, the number of unemployed persons dropped by 94,000 from the preceding month to 11.087 million, data by Eurostat showed. Euro Area’s youth unemployment rate, […]
Read moreMay 4, 2024 3:58 pm
Retail sales in Singapore grew at an annual rate of 2.7% in March, the latest data by Statistics Singapore showed, while slowing substantially from February’s revised up 8.6% growth. The latter has been the sharpest increase in a year, driven by higher receipts from the Lunar New Year holiday season. In March, sales grew for […]
Read moreMay 3, 2024 5:23 pm
The unemployment rate in Italy has decreased to an over 15-year low in March, the latest data by the National Institute of Statistics showed. The jobless rate was reported at 7.2% in March, down from 7.4% in February. In comparison, market consensus had pointed to a rate of 7.5%. The number of unemployed persons dropped […]
Read moreMay 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 more