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German industrial orders unexpectedly rise in April
German industrial orders unexpectedly rise in April

Reuters

time4 days ago

  • Business
  • Reuters

German industrial orders unexpectedly rise in April

June 5 (Reuters) - German industrial orders unexpectedly rose in April thanks to strong domestic demand, the federal statistics office said on Thursday. Orders rose by 0.6% on the previous month on a seasonally and calendar-adjusted basis. A Reuters poll of analysts had pointed to a fall of 1.0%. The less volatile three-month on three-month comparison showed that new orders in the period from February to April were 0.5% higher than in the previous three months. The statistics office also revised the data for March to a 3.4% increase on the month, instead of the previous 3.6%. Foreign orders fell by 0.3% on the month, with new orders from the euro zone increasing by 0.5% and new orders from outside the euro zone declining by 0.9%. Domestic orders rose by 2.2% on the month, the statistics office said.

Norway's Economy Rebounds to Biggest Gain in Almost Three Years
Norway's Economy Rebounds to Biggest Gain in Almost Three Years

Bloomberg

time15-05-2025

  • Business
  • Bloomberg

Norway's Economy Rebounds to Biggest Gain in Almost Three Years

Norway's economy surprised with better-than-expected growth in the first quarter, expanding at the fastest pace in almost three years, vindicating the central bank's cautious stance on easing. Mainland gross domestic product, which excludes Norway's oil and gas industry, grew 1% in the first quarter from the previous three months when the economy contracted 0.4%, according to data from the statistics office on Thursday.

Hungary Inflation Slows Toward Central Bank's Tolerance Band
Hungary Inflation Slows Toward Central Bank's Tolerance Band

Bloomberg

time09-05-2025

  • Business
  • Bloomberg

Hungary Inflation Slows Toward Central Bank's Tolerance Band

Hungary's consumer price growth slowed less than forecast last month, edging closer to the top end of the central bank's tolerance band. The consumer price index dropped to annual 4.2% in April from 4.7% in March, slowing for a second month, the Budapest-based statistics office said on Friday. The median estimate of 22 economists in a Bloomberg survey was 4%. Prices increased 0.2% from the previous month. Core inflation, which strips volatile food and energy prices, was much higher at an annual 5%.

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