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

Currency

U.K.: The pound declined versus the euro as economic growth was lower than anticipated.

U.S.: The dollar edged lower against other major currencies as CPI data showed prices moved higher.

Trade

CANADA: Canada posted a trade surplus in April.

CHINA: Exports grew 27.9% year over year in May.

GERMANY: Exports rose 0.3% in April compared with March.

U.K.: Exports slipped 0.6% in April.

U.S.: The goods and services deficit narrowed in April from March.

Growth

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.

Employment trends

U.S.: Initial jobless claims fell to 376,000 in the week ended June 5, 2021, from 385,000 in the previous week.

Inflation/deflation

AUSTRALIA: Consumer inflation expectations rose to 4.4% in June from 3.5% in May.

CHINA: Annual inflation jumped to 1.3% in May from 0.9% in April.

U.S.: The CPI rose 0.6% and core CPI increased 0.7% in May, according to the Bureau of Labor Statistics.