June 2, 2024 12:24 pm
Retail sales in Switzerland were reported to have risen at the sharpest annual rate since February 2022 in April. Retail sales went up 2.7% year-on-year in April, while rebounding from a 0.2% drop in March, the data showed. The latest figure far exceeded market consensus of a 0.2% rise. In April, sales of non-food products […]
Read moreJune 1, 2024 3:44 pm
Spain has reported a surplus of EUR 3.285 billion on its current account in March, which compared with a EUR 5.911 billion surplus in March of 2023. The nation’s goods and services surplus shrank to EUR 5.244 billion in March from EUR 6.741 billion a year earlier. Spain’s tourism account registered a EUR 5.100 billion […]
Read moreJune 1, 2024 11:26 am
Total bank lending in Singapore came in at SGD 804.3 billion in April, data by the Monetary Authority of Singapore showed. That figure compared with a 15-month high of SGD 807.8 billion in March. Lending to corporate sector decreased to SGD 491.8 billion in April from SGD 495.3 billion in March, the data showed. In […]
Read moreMay 31, 2024 2:09 pm
Retail sales in Germany were reported to have contracted at a monthly rate of 1.2% in April, or much more compared to market expectations of a 0.2% drop. That followed a revised up 2.6% surge in March. Sales in the German food retail sector shrank considerably in April, by 3.7%, while non-food sales edged up […]
Read moreMay 31, 2024 9:45 am
Annual consumer price inflation in France has remained stable at 2.2% in May, a preliminary figure showed on Friday. A consensus of analyst estimates had pointed to an acceleration to 2.4%. It has been the lowest inflation rate since September 2021. In May, prices increased at a faster rate for food (1.3% YoY compared to […]
Read moreMay 30, 2024 2:41 pm
The South African Reserve Bank left its benchmark repo rate at a 15-year high of 8.25% at its May policy meeting, in line with market consensus. The central bank left borrowing costs on hold for the sixth meeting in a row after its rate-hiking campaign. Despite that inflation outlook risks were seen as broadly balanced, […]
Read moreMay 30, 2024 11:33 am
Consumer confidence in Sweden has reached its highest level since February 2022 in May, the latest data by the National Institute of Economic Research showed. The consumer confidence indicator in the country was reported at a reading of 91.3 in May, up from 88.8 in the preceding month. In the meantime, consumers’ optimism about the […]
Read moreMay 29, 2024 5:20 pm
Producer prices in Singapore edged up 0.1% year-on-year in April, the latest data by Statistics Singapore showed on Wednesday. This marked the fourth consecutive month of decreasing domestic supply prices. In April, prices decreased at a slower rate for crude materials (-2.8% YoY compared to -7.4% YoY in March), animal & vegetable oils, fats & […]
Read moreMay 28, 2024 5:00 pm
Sweden reported a trade surplus of SEK 7.9 billion in April, which compares with a deficit of SEK 2.1 billion in the same month of 2023. The nation’s total exports surged 12.3% year-on-year to SEK 183.1 billion in April, data by Statistics Sweden showed. The latter reflected an increase in shipments to the European Union […]
Read moreMay 28, 2024 2:31 pm
Wholesale prices in Germany have decreased at an annualized rate of 1.8% in April, data by the Federal Statistical Office showed on Tuesday. The latter has been a slowdown from a 2.6% drop in March. April marked the 12th consecutive month of decreasing producer prices and also the slowest drop since August 2023. Last month, […]
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