By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
May 23, 2022
Central bank policy
U.S.: Federal Reserve Chairman Jerome Powell said the bank will continue raising rates until “inflation comes down in a clear and convincing way.”
CANADA: Manufacturing sales rose 2.5% in March.
EUROZONE: Euro area GDP grew 0.3% in the first quarter.
GERMANY: Wholesale prices grew 2.1% in April compared with March.
GERMANY: Producer prices increased 2.8% in April compared with March.
U.K.: Producer output prices rose 14.0% in the year through March.
U.S.: Retail sales grew 0.9% in April compared with March.
U.S.: Industrial production rose 1.1% in April.
U.S.: Housing starts slipped 0.2% in April.
U.S.: Business inventories increased 2.0% in March.
U.S.: The Conference Board Leading Economic Index fell in April.
U.S.: Existing home sales dropped 2.4% in April compared with March.
EUROZONE: The euro area posted a trade deficit in March.
U.K.: The GfK Consumer Confidence Index fell to its lowest level since the survey began in 1974.