Global economic update
Highlights of the past week, from central bank policies to trade and currency trends.
May 21, 2018
CHINA: The Producer Price Index increased 3.4% year over year in April.
GERMANY: GDP rose 0.3% in the first quarter.
GERMANY: Producer prices increased 2.0% in April.
GERMANY: Wholesale prices climbed 1.4% in April.
EUROZONE: GDP increased by 0.4% in the first quarter.
EUROZONE: Industrial production advanced 0.5% in March.
U.S.: Retail sales increased 0.3% in an advance estimate for April.
U.S.: Business inventories remained unchanged in March.
U.S.: Housing starts dropped 3.7% in April.
U.S.: Industrial production grew 0.7% in April.
U.S.: The Conference Board Leading Economic Index increased 0.4% in April.
JAPAN: GDP declined by 0.6% on an annualized basis in the first quarter.
JAPAN: Industrial production jumped 1.4% in March.
CANADA: Retail sales advanced 0.6% in March.
U.S.: The dollar rose versus other major currencies, extending its rally and reaching a five-month high.
EUROZONE: The euro area posted a trade surplus in March.