April economic data News

April Sees a Surprising 0.5% Drop in US Producer Prices, Defying Analyst Expectations

The US Producer Price Index unexpectedly dropped by 0.5% in April, contrary to analysts' forecasts. While the yearly figure rose by 2.4%, the services sector declined by 0.7%. Core...

April Sees a Slight Uptick in Swiss Producer and Import Prices, Signaling Economic Movements

In April, Switzerland's Producer and Import Price Index rose by 0.1%, with the Producer Price Index increasing by 0.2%. Key factors included higher machinery prices, while orthoped...

China's Services Sector Growth Slows in April Amid Trade Tensions, PMI Dips to 50.7

China's services sector expanded at a weaker pace in April, with the Caixin PMI slipping to 50.7, indicating growth but below expectations. Trade tensions with the US have limited ...

US Manufacturing PMI Shows Slower Decline in April, Signaling Potential Economic Resilience

The US manufacturing sector's PMI fell at a softer pace in April, indicating a potential stabilization. The ISM reported a PMI of 48.7, still below the growth threshold but showing...