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Estonia’s producer price inflation increased in April mainly due to rising prices in electricity and heat energy production. The producer price index increased 31.8 percent year-on-year in April, data from Statistics Estonia showed on Friday. In March, producer prices rose 30.3 percent. On a month-on-month basis, producer prices rose 2.8 percent in April. “Compared to […]
The Japanese yen fell against its major counterparts in the Asian session on Friday, as Asian shares rose following a reduction in a key interest rate for long-term loans by the People’s Bank of China to mitigate a slowdown in the economy. The PBOC lowered the five-year loan prime rate by 15 basis points to […]
UK retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Retail sales expanded 1.4 percent monthly, reversing a revised 1.2 percent decline in March, data published by the Office for National Statistics showed Friday. Sales were forecast to drop 0.2 percent […]
The pound appreciated against its most major counterparts in the European session on Friday, as the nation’s retail sales grew unexpectedly in April despite consumer confidence sliding to a record low as soaring inflation boosted the cost of living further. Data from the Office for National Statistics showed that retail sales expanded 1.4 percent monthly, […]
Consumer prices in Japan were up 2.5 percent on year in April, the Ministry of Internal Affairs and Communications said on Friday. That exceeded expectations for an increase of 2.4 percent and was condemned from 1.2 percent in March. Core CPI, which excludes volatile food prices, was up 2.1 percent on year – in line […]
South Africa’s retail sales rebounded at a slower-than-expected pace in March, data from Statistics South Africa showed on Wednesday. Retail sales rose an unadjusted 1.3 percent year-on-year in March, reversing a 0.9 percent fall in the previous month. That was below economists’ forecast for an increase of 1.5 percent. The annual increase in March was […]
Singapore’s non-oil domestic exports were up 6.4 percent on year in April, Enterprise Singapore said on Tuesday. That was shy of expectations for an increase of 6.7 percent and down from 7.7 percent in March. On a monthly basis, exports slipped 3.3 percent – also missing forecasts for a decline of 1.3 percent after falling […]
Belgium’s exports and imports grew markedly in March, preliminary figures from the National Bank of Belgium showed on Monday. Both exports and imports surged by 33.5 percent and 40.0 percent, respectively in March, from a year ago. Tensions on commodity prices, exacerbated by the war in Ukraine, continued to push up the value of trade […]
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 […]
Export prices in South Korea advanced 1.0 percent on month in April, the Bank of Korea said on Friday – slowing from the 6.2 percent increase in March. On a yearly basis, export prices jumped 21.4 percent, down from 23.4 percent in the previous month. Individually, prices for agricultural exports rose 0.2 percent on month […]
