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Denmark’s consumer confidence weakened to the lowest level ever recorded in May amid a steep deterioration in the assessment of the present economic situation, survey data from Statistics Denmark showed on Friday. The consumer confidence index fell to -22.4 in May from -20.9 in April. The average for the past six months was -10.8. The […]
France consumer price inflation accelerated to a record high in April, as initially estimated, final data from the statistical office INSEE showed Friday. The consumer price index rose 4.8 percent annually in April, as estimated, following March’s 4.5 percent increase. The record increase in inflation resulted from the acceleration of service cost to +3.0 percent […]
Germany’s consumer price inflation hit a record high as estimated in April, final data from Destatis showed on Wednesday. Consumer price inflation rose to 7.4 percent in April from 7.3 percent in March. The inflation rate hit an all-time high since German reunification and also came in line with the flash estimate published on April […]
Austria’s wholesale price inflation accelerated to the highest since the series began in 1973, data from Statistics Austria showed on Friday. Separate data showed that the trade deficit widened in February, as imports rose more than exports. The wholesale prices increased 26.0 percent yearly in April, following a 25.6 percent rise in March. Prices for […]
Euro area unemployment rate dropped to a record low in March as firms raised hiring even as the war in Ukraine and record high inflation damped demand and production, data published by Eurostat revealed on Tuesday. Higher prices for energy and intermediate goods pushed up factory gate inflation to another historic high in March, another […]
