The Treasury Department finished off this week's series of announcements of the results of its long-term securities auctions on Thursday, revealing this month's auction of $22 billion worth of thirty-year bonds attracted below average demand. The thirty-year bond auction drew a high yield of 5.020...
Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May. The Labor Department said its producer price index for final demand shot up by 1.1 percent in May, matching a downwardly revised jump in April.
The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended June 6th. The report said initial jobless claims crept up to 229,000, an increase of 4,000 from the previous week's unrevised level of 225,000. Economists had expected jobless claims to dip to 219,000.
The European Central Bank raised its interest rates for the first time in nearly three years in a bid to cushion the impact of rising inflation that is triggered by the surge in energy prices due to the conflict in the Middle East, as the single currency economy struggles to grow. The Governing Council, led by ECB President Christine Lagarde, hiked the deposit rate by 25 basis points to 2.25%.
Partly reflecting a continued spike in energy prices, the Labor Department released a report on Thursday showing a bigger than expected increase in U.S. producer prices in the month of May. The Labor Department said its producer price index for final demand shot up by 1.1 percent in May, matching...
The Labor Department released a report on Thursday showing an unexpected uptick in first-time claims for U.S. unemployment benefits in the week ended June 6th. The report said initial jobless claims crept up to 229,000, an increase of 4,000 from the previous week's unrevised level of 225,000. Economists...
Turkey's central bank decided to hold its benchmark interest rates on Thursday as policymakers vowed to maintain a tight policy stance until price stability is achieved. The Monetary Policy Committee, governed by Yasar Fatih Karahan, decided to keep the one-week repo rate at 37.00 percent, as widely...
South Africa's manufacturing production decreased in April after recovering in the previous month. Manufacturing output dropped 2.9 percent year-over-year in April, reversing a 1.5 percent decrease in March, which was the first fall in five months. On a monthly basis, seasonally adjusted manufacturing production fell 2.7 percent after rising 1.2 percent in the prior month.
Malta's industrial output expanded sharply in April after falling in the previous month. Industrial production advanced 7.3 percent year-on-year in April, reversing a 3.8 percent decrease in March. Among the main industrial groups, production of intermediate goods surged 11.0 percent, and that of consumer goods expanded by 7.6 percent.
Ireland's consumer price inflation moderated marginally in May from a 27-month high in the previous month. The consumer price index climbed 3.6 percent year-over-year in May, slower than the 3.7 percent increase in April. Inflation based on housing and utilities softened to 7.1 percent from 8.1 percent, and that on food and non-alcoholic beverages slowed to 1.3 percent from 2.0.
Bulgaria's foreign trade gap widened in April from a year ago as imports grew faster than exports. The trade deficit rose to EUR 1.29 billion in April from EUR 0.93 billion in the corresponding month last year. In March, the shortfall was EUR 1.42 billion. The value of exports climbed 13.4 percent annually in April, and imports surged by 18.8 percent.
Finland's current account deficit increased in April from a year ago. The current account gap widened to EUR 2.29 billion in April from EUR 0.5 billion in the corresponding month last year. The goods account surplus rose to EUR 634 million from EUR 433 million last year, while the deficit in the service account balance rose to EUR 756 million from EUR 390 million.
UK house prices continued to decline and sales activity indicators remained negative as challenging macroeconomic conditions weighed on demand but some measures showed signs of stabilization in the property market, the Residential Market Survey results from the Royal Institution of Chartered Surveyors, or RICS, showed Thursday. The house price balance posted -35 percent in May.
Indonesia's retail sales decreased for the second straight month in May. Retail sales dropped 3.2 percent year-on-year in May, slower than the 3.7 percent decline a month ago, which was the first fall in a year. Sales of information and communication equipment contracted the most by 17.5 percent, and those of food, beverages, and tobacco were 4.0 percent lower.
Sweden's consumer price inflation increased as estimated initially in May to the highest level in seven months. The consumer price index, or CPI, rose 0.8 percent year-over-year in May, reversing April's renewed fall of 0.1 percent. Moreover, a similar inflation rate was last seen in October 2025. Fuel prices and electricity prices surged by 27.0 percent and 15.0 percent, respectively.
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.