Renju Jaya

1 week ago | rttnews.com | Renju Jaya

Italy industrial output grew only marginally in March, data from the statistical office ISTAT showed Friday. Industrial production rose at a slower-than-expected pace of 0.1 percent on a monthly basis. Monthly growth was seen at 0.4 percent. Nonetheless, the increase came in contrast to the 0.9 percent decrease in February. On a yearly basis, industrial production declined 1.8 percent, following February's 2.6 percent decrease in February.

1 week ago | rttnews.com | Renju Jaya

Norway's consumer price inflation slowed to a three-month low in April and producer prices grew at the slowest pace in five months, Statistics Norway reported Friday. Consumer prices logged an annual growth of 2.5 percent after rising 2.6 percent in March. This was the lowest rate since January. Likewise, core inflation softened to a three-month low of 3.0 percent from 3.4 percent in March. On a monthly basis, overall consumer prices gained 0.7 percent and core prices moved up 0.5 percent.

1 week ago | rttnews.com | Renju Jaya

China's exports grew more than expected in April despite the sharp contraction in shipments to the United States following the trade tariff hikes, while imports decreased at a meager pace, official data revealed on Friday. Exports advanced 8.1 percent on a yearly basis in April, customs data showed. While the growth rate slowed from 12.4 percent in March, this was far better than the expected expansion of 1.9 percent.

1 week ago | rttnews.com | Renju Jaya

Industrial production from Italy is due on Friday, headlining a light day for the European economic news. At 2.00 am ET, Statistics Norway publishes consumer and producer prices for April. Consumer price inflation is forecast to ease to 2.5 percent from 2.6 percent in March. In the meantime, industrial production and household consumption figures are due from Sweden. At 2.30 am ET, the Hungarian Central Statistical Office is slated to release inflation data for April.

1 week ago | rttnews.com | Renju Jaya

China's exports grew more than expected in April despite the fall in exports to the U.S., official data revealed on Friday. Exports advanced 8.1 percent on a yearly basis in April, while economists had forecast a 1.9 percent rise. This followed a 12.4 percent increase in March. At the same time, imports fell only 0.2 percent from a year ago, compared with the economists' forecast of a 5.9 percent decline. Moreover, the pace of decrease slowed from 4.3 percent fall posted in March.