Britain's inflation rate slowed more than economists forecast last month, reaching a seven-month low, while producer prices rose the least since 2009 due to a drop in fuel prices.
Despite the fact the U.S. economy has improved significantly since the Federal Reserve introduced its record stimulus, there are no signs the Fed should turn off its monetary stimulus anytime soon, the Federal Reserve Bank of Chicago President Charles Evans said.
Producer prices in Europe's largest economy slowed for the third consecutive month in April, suggesting weak domestic demand and raising concerns that the economy is far away from the recovery.
Australian leading index, which is based on 7 economic indicators, and is designed to predict the direction of the economy, fell in March, suggesting the economy is struggling to grow and additional measures by the central bank may be needed.
The Japanese government upgraded its growth forecast on Monday for the first time in two months, a sign that growth is accelerating as exports and factory output are picking up.
Britain's home sellers increased asking prices for a fifth month in a row, pushing them to the all-time high in May, providing the property market with its best start to a year since 2004.
Consumer spending in the world's largest economy is expected to accelerate this year, while government spending will decline at a faster rate, according to a survey of business economists.
Even despite the nation's plan, which is projected to stabilise public finances and lead to an economic recovery, Slovenia's credit rating was downgrade by the Fitch agency.
Consumer prices in Canada slowed in April to its slowest in more than three years, taking it below the central bank's inflation target band and raising concerns of growing slack in the world's 11th largest economy.
The world's third economy has become one of the most favoured nation's in the world, offering one of the top two opportunities globally in the next year, as Abenomics are boosting investors' confidence.
The Bank of England should assure people in its commitment to its inflation target, while additional stimulus measures will fuel inflation expectations and are limiting the bank's room to aid growth, the BoE's external monetary policymaker Martin Weale said Friday.
Mood among American consumers rebounded in early May to the highest level in nearly six years, as people felt better about their financial and economic prospects, the Thomson Reuters/University of Michigan said Friday.
As the European Central Bank is set to take centre stage as the region's chief banking supervisor, banks across the Eurozone are going to face tough regulatory scrutiny of their balance sheets.
New Zealand's government pledged to return the nation's budget to a surplus in 2015, meaning it will be the first in seven years, as rebuilding earthquake-devastated Christchurch city boosts economic growth in the country as well as tax revenue.
Japan's core machinery orders jumped more-than-expected, increasing a seasonally adjusted 14.2% to 793.1 billion yen in March from February, the fastest monthly pace in 8 years, as companies have become more confident about investing in equipment amid a weaker Yen and surging stock prices.
The Bank of England has upgraded its growth forecast on Thursday, as the economy is showing signs of recovery. Moreover, the BoE has lowered its inflation outlook for the first time since the recession struck five years ago.
The number of Americans filing new claims for unemployment benefits rose more than initially was expected last week, suggesting the slowdown in economic growth is prompting an increase in firings, the Labor Department said Thursday.
Consumer prices hike in the 17-nation economy has slowed to the lowest level in more than three years, as fuel and telecommunications costs dropped substantially, the EU statistics office, Eurostat said Thursday.
Producer and imports prices in Switzerland rose slightly in April from a month earlier, and fell less than initially was predicted on a yearly basis, reflecting that manufacturers are less worried about future economic performance of the country.
Japan's economy grew at a faster-than-expected pace in the first quarter of 2013, driven by export gains and higher household consumption.
Another sign that the British economy is on the path of recovery has emerged on Wednesday, when data showed stabilization in the labour market, report from the Office for National Statistics showed.
Industrial output in the world's largest economy tumbled in April by the most in eight months, reflecting cutbacks in U.S. manufacturing that show factories will provide little support for the economic growth.
The 17-nation economy has slumped into its longest recession ever, as the economic activity in the region fell for a sixth quarter in a row.
According to the Ministry of Economy, Trade and Industry, Japan's tertiary industry activity slowed in March, with the respective index falling a seasonally adjusted 1.3% to 98.6 compared to expectations of 0.7% decline after a 1.1% increase a month earlier.