Category macro

ECB Expected To Raise Rates

ECB to hike interest rates amid elevated energy prices The European Central Bank is expected to increase interest rates due to rising energy prices. Headline euro zone inflation rose to 3.2% in April, driven by a 10.9% year-on-year surge in energy prices. Th

China Inflation Holds Steady

China's May inflation steady at 1.2% year-on-year China's inflation data for May was in line with forecasts, with the Consumer Price Index (CPI) steady at 1.2% year-on-year. The Producer Price Index (PPI) rose to 3.9%, indicating a continued reflation trend.

China PPI Rises 3.9% Year Over Year

China's PPI increased 3.9% year over year in May China's Producer Price Index (PPI) rose 3.9% year over year in May, marking its third consecutive monthly increase. The increase in PPI reached its highest level since July 2022, surpassing the consensus estimate of 3.8

Japan Producer Prices Surge 6.3%

Japan's May producer prices rose 6.3% year-on-year Japan's producer prices accelerated in May, driven by surging energy and commodity import costs. The 6.3% year-on-year increase exceeded market forecasts of 5.5%. This marks the fastest annual factory-gate inflat