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Monthly archive May, 2023

U.S. Consumer Sentiment Slumps To Six-Month Low In May

Citing renewed concerns about the trajectory of the economy, the University of Michigan released a report on Friday showing U.S. consumer sentiment deteriorated by much more than anticipated in the month of May. The report said the consumer sentiment index Read More →

India Inflation Hits 18-Month Low Of 4.7%; Industrial Production Growth Slows

India's consumer price inflation eased more-than-expected in April to its lowest level in one-and-a-half years and remained below the Reserve Bank of India's upper threshold amid a slowdown in food prices, and industrial production expanded at a slower pace in Read More →

U.S. Import Prices Climb 0.4% In April Due To Rebound In Fuel Prices

Reflecting a significant rebound in prices for fuel imports, the Labor Department released a report on Friday showing U.S. import prices increased by slightly more than expected in the month of April. The Labor Department said import prices climbed by Read More →

ECB Survey Shows Eurozone Consumer Inflation Expectations Rose Significantly

Eurozone consumers expect inflation in a year to be higher than expected a month ago, and their growth and inflation expectations worsened, results of a survey by the European Central Bank showed Thursday. Median rate of expected inflation in the Read More →

U.S. Dollar Seeing Modest Weakness Following Inflation Data

After seeing some strength in the early morning, the value of the U.S. dollar has moved to the downside during trading on Wednesday.Original Article Read More →

European Economic News Preview: Germany Final Inflation Data Due

Final consumer price data from Germany is the top economic news due on Wednesday. At 2.00 am ET, Destatis releases Germany's final consumer and harmonized prices for April. The initial estimates showed that consumer price inflation slowed to 7.2 percent Read More →