Spain's government will unveil new measures later aimed at reviving the economy, a day after the unemployment rate soared to a new high, raising concerns that the economy is far away from recovery.
Japan's consumer prices declined for a fifth consecutive month in March, falling 0.5% from a year earlier, a sign that the nation's central bank is struggling to achieve its 2% inflation target in two years and Japan is still yet to emerge from 15-year long deflation.
New Zealand posted a more-than-expected trade surplus of NZ$718 million in March, adding to upwardly revised surplus of NZ$441 million in February, as overseas shipments surged, while imports increased less than estimated, data from Statistics New Zealand showed Friday.
Britain's economy escaped from falling into a triple dip recession and expanded in the first quarter of 2013, a rare bit of welcome economic news for the government; however, it continues to struggle to deliver even modest sustainable growth.
The number of Americans filling new claims for unemployment benefits dropped to almost a five-year low, suggesting the improvement in the labour market, the Labor Department said Thursday.
Spain's sorry tale of constantly deteriorating labour market has worsened in first three months of this year, fuelling a European debate over the effectiveness of the wide-spread austerity measures.
The UBS consumption indicator rose slightly in March, as higher domestic demand for hotel accommodations offset the drop in new car registrations and weak retail trade, the Swiss bank's economists said Wednesday.
Japan needs to implement structural reforms in order to achieve the 2% inflation target set by the BoJ and to revive growth in the world's third largest economy, the Organisation for Economic Cooperation and Development said.
The number of mortgages approved in the U.K. inched higher in line with analysts' forecasts last month, suggesting nation's 'Funding for Lending' scheme works properly.
The number of orders for long-lasting U.S. manufactured goods tumbled by the most in seven months, as demand dropped for commercial aircraft, while business investment cooled.
German business sentiment deteriorated for the second consecutive month in April, as winter weather hindered the recovery in Europe's largest economy, the Ifo institute said Wednesday.
Japan's corporate services price index decreased less-than-anticipated, falling 0.2% in March from the previous year, according to data released by the Bank of Japan Wednesday.
Swiss trade surplus narrowed in March; however, less than initially was estimated, due to a loss of momentum in the watch and machinery sectors, the Federal Customs Office said Tuesday.
Britain's government borrowed less money in the financial year to April 2013, providing a boost for Chancellor of the Exchequer George Osborne as he is facing criticism over his economic management.
The manufacturing sector in the world's largest economy grew at its slowest pace in six months during April, while purchases of new U.S. homes rose last month, sending mixed signals and suggesting the Fed should continue its monthly purchases in order to achieve sustain growth.
Activity in the Eurozone's both manufacturing and services sectors contracted further in April, as the currency bloc struggled to emerge from a recession, adding to pressure on the European Central Bank to do more to boost growth and raising possibility of another rate cut soon.
The amount of money hold in circulation in Switzerland increased for the second month in a row in March, the Swiss National Bank said Monday.
The world's third largest economy is expected to grow 1.6% this year, as the central bank's new monetary easing policy will provide substantial stimulus.
Britain is likely to avoid from falling into a triple-dip recession, senior Conservatives believe.
The number of sales of previously owned homes in the world's largest economy unexpectedly tumbled in March, underlining uneven progress in the sector.
Confidence among consumers in the 17-nation economy improved unexpectedly in April, adding to signs that the region's economy will soon start to recover, the European statistics office Eurostat said on Monday.
The current account of the 17-nation economy widened more than preliminary was estimated, due to an increase in trade, the European Central Bank said Friday.
Dr. Jeremy Stein, the Fed Board member, raised an issue of liquidity regulation at the Richmond Fed's 2013 Credit Markets Symposium.
Lending to Britain's businesses continued deteriorating in February, even despite all efforts done by both the Bank of England and the Treasury to boost lending to spur the flagging economy.