By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
June 14, 2021
Central bank policy
CHINA: Producer prices increased in May.
EUROZONE: GDP fell by 0.3% in the first quarter compared with the previous quarter.
GERMANY: Wholesale prices gained 1.7% in May.
GERMANY: Industrial production declined 1.0% in April compared with March.
GERMANY: Factory orders slipped 0.2% in April compared with March.
JAPAN: Producer prices jumped 3.6% year over year in April.
JAPAN: The Leading Economic Index rose in April to its highest level since March 2014.
U.K.: Industrial production fell 1.3% in April compared with March.
U.K.: The Index of Services grew 3.4% in April compared with March.
U.K.: The GDP is estimated to have grown 2.3% in April, marking he fastest monthly growth since July 2020.
U.S.: Consumer credit increased at an annual rate of 5.3% in April.
U.S.: Wholesale inventories grew 0.8% in April compared with March.
U.S.: Initial jobless claims fell to 376,000 in the week ended June 5, 2021, from 385,000 in the previous week.
AUSTRALIA: The Westpac-Melbourne Institute Index of consumer sentiment fell in June, reaching a five-month low.
GERMANY: The ZEW Indicator of Economic Sentiment indicated a positive outlook for the summer.
U.S.: The NFIB Small Business Optimism Index slipped in May.
U.S.: The University of Michigan’s index of consumer sentiment rose to 86.4 in June from 82.9 in May.