Eurozone Industrial Production Inched Higher in March
Output rose 0.2% on month, though the war in the Middle East is expected to increasingly weigh on manufacturers as energy costs and supply disruptions mount. Source link
Eurozone Governments’ Budget Deficit Fell in 2025, but Middle East Conflict to Drive Rebound
Borrowing is set to pick up again this year as governments build up their militaries and support households hit by the jump in energy prices. Source link
U.S. Small-Business Confidence Ticks Up
Confidence inched higher in April, though sentiment continues to be hampered by rising cost pressures. Source link
Australian Budget Mixes Economic Reform With Fuel Security, Spending Cuts
The latest budget contains tentative steps toward long-awaited economic reform, while providing cost-of-living relief and boosting fuel security as the Iran war threatens international supply. Source link
Inflation is overtaking Americans’ pay gains, largely because of the cost of filling up at the gas station
Americans’ hourly wages are up. The problem? Inflation is up even more. Source link
German Investor Sentiment Climbs on Tentative Hopes of End to Iran War
The result—a third negative reading in a row—was better than economists polled by The Wall Street Journal expected. Source link
Consumer prices rose 3.8% in April from a year earlier, a clear impact of higher gas prices since the start of the war with Iran
Prices were up 0.6% from the previous month. Energy accounted for over 40% of that increase. Source link
Australia’s Budget Sparks Tentative Hope That Economic Reform Has Arrived
Australia’s treasurer touted the latest budget as reform-focused and the most ambitious in a generation. Economists hope that he is proven right. Source link
U.K. Inflation Jumps as Iran War Pushes Fuel Prices Higher
Inflation climbed as the war drove up energy prices, although it is unlikely to prompt the Bank of England to raise its key interest rate at next week’s meeting. Source…
April Consumer Sentiment Improved, According to Conference Board Survey
The headline index from the Conference Board’s survey rose to 92.8, versus 92.2 in March. Source link
