Producer prices in Australia added 0.3% in the first quarter of 2013, showing that both businesses and consumers are more confident about the economic outlook and showing willingness to increase their spending.
Japan is considering to boost financial collaboration with Southeast Asian countries, prop up their bond markets and make it easier for Japanese companies to raise funds in local currencies.
Growth in activity in the Brittan's dominant services sector improved more than expected in April, raising hopes that the U.K. economy could be stabilising.
Job creation accelerated further in April, while the jobless rate dropped to the four-year low, quelling worries of a spring slowdown.
The 17-nation economy is now expected to shrink more than previously estimated this year, as latest data is adding to concerns that the economy is far away from the recovery, the European Commission said Friday.
Measures done by Japanese Prime Minister Shinzo Abe and the new Governor of the Bank of Japan Haruhiko Kuroda have already shifted the economy into a positive cycle with the gradual expansion of corporate production and an improvement in unemployment.
Switzerland's key manufacturing output index surged in April; however, a dip in the backlog of orders and in employment levels clouded the outlook.
Britain's construction output shrank less than initially was expected in April, adding to signs the economy is reviving after previous year's contraction.
The number of Americans filing new claims for unemployment benefits dropped to a five-year low, suggesting the improvement in the labour market, the Labor Department said Thursday.
The European Central Bank during its monthly policy meeting decided to cut the benchmark interest rate to a new record low, as the 17-nation euro region struggles to emerge from recession.
Australian new home sales bounce back in March, recovering from an unexpected drop in the previous month.
Japan's monetary base jumped to a record in April, according to the Bank of Japan on Thursday, as the central bank's unconventional quantitative easing programme increased the amount of money circulating in the economy.
"With forward-looking indicators such as new orders and the demand-to-inventory ratio also ticking higher, the sector should at least be less of a drag on broader GDP growth in the second quarter"-Markit Senior Economist Rob DobsonActivity at Britain's factories picked up last month, boosted by upbeat export orders and improved output levels, the Chartered Institute of Purchasing and Supply said
Manufacturing activity in the world's largest economy slowed last month, indicating the industry will contribute less to U.S. growth this quarter.
During its Thursday policy meeting the European Central Bank is likely to cut its benchmark interest rate as latest inflation and unemployment data suggest the region economy is not on the path of recovery yet.
Canada economy accelerated for the second month in a row in February, growing faster than expected and prompting economists to raise their forecasts for the first quarter.
Japan housing starts growth has accelerated even further last month, while construction orders received by big contractors declined after surging in February, the Ministry of Land, Infrastructure, Transport and Tourism said Tuesday.
The number of mortgage approvals in the U.K. rose more than predicted in March, as an easing of credit conditions helped to boost the housing market, data from the Bank of England showed Tuesday.
Consumer confidence picked up this month, as Americans' outlook for the economy and their own incomes improved significantly.
Heavily-indebted Spain recorded another contraction in the first quarter of this year, adding to concerns that the economy is far away from the recovery.
Business confidence in New Zealand eased back slightly in April from March, with firms being less optimistic about their own outlook, an ANZ Bank survey showed on Tuesday.
The latest data published on Monday, is raising hope that the world's third largest economy is starting to pick up under the leadership of Shinzo Abe and Haruhiko Kuroda.
British consumers were less confident about the economic future of their country in April, as inflation extended its run above the Bank of England's goal of 2%, increasing households' concern about their personal finances.
Consumers in the world's largest economy continue increase their spending even despite tax hikes and budget cuts, the Commerce Department said Monday.