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Monthly archive May, 2023

European Economic News Preview: Germany Inflation, Unemployment Data Due

Flash inflation and unemployment from Germany are due on Wednesday, headlining a busy day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import price data for April. Import prices are forecast to fall Read More →

Weak Bank Lending Damps Eurozone Growth Prospects

Eurozone bank lending growth weakened further in April reflecting the transmission of the European Central Bank's tight monetary policy and signaled weak economic growth. Data published by the ECB on Tuesday showed that credit to euro area residents Read More →

New Zealand Consumer Confidence Remains Extremely Low: ANZ-Roy Morgan Poll

New Zealand's consumer confidence was basically unchanged at an extremely low level in May as households remained under pressure amid a tight labor market and the rising cost of living, results of the monthly ANZ-Roy Morgan survey showed Friday. The Read More →

UK Retail Sales Rebound As Weather Improves

UK retail sales rebounded at a stronger-than-expected pace in April after poor weather conditions dampened sales in March, official data revealed Friday. The retail sales volume increased 0.5 percent month-on-month, in contrast to the revised 1.2 percent fall in March, Read More →

U.S. Durable Goods Orders Unexpectedly Continue To Surge In April

A report released by the Commerce Department on Friday unexpectedly showed a continued surge in new orders for U.S. manufactured durable goods in the month of April. The Commerce Department said durable goods orders jumped by 1.1 percent in April Read More →

U.S. Consumer Price Growth Reaccelerates In April

Consumer price growth in the U.S. reaccelerated in the month of April, according to a report released by the Commerce Department on Friday. The report said the annual rate of consumer price growth accelerated to 4.4 percent in April after Read More →