Euro zone inflation beats expectations in May

Inflation in the euro zone was higher than expected in May, data on Tuesday showed, in a sign that price pressures are returning to a recovering economy.

German economy makes solid start to 2014: finance ministry

(Reuters) - The German economy got off to a solid start in the first quarter and the data point towards a broad upturn, the Finance Ministry said in its monthly report for March released on Tuesday.

Russia Seen Pushing Back Rate Cuts on Inflation Outlook for 2014

Economists pushed back forecasts for a cut in Russia’s benchmark rate today after the central bank said that inflation would slow to next year’s target of 5 percent only in the second half.

Producer Prices in U.S. Rose 0.3% in August on Energy, Food

Wholesale prices in the U.S. rose more than forecast in August, reflecting higher costs for food and some fuels.

Jobless Claims in U.S. Decline to Lowest Level Since 2007

Employers fired the fewest workers last week since before the recession began almost six years ago, raising expectations that bigger job gains will soon give U.S. consumers the ability to boost spending.

China's March inflation eases to 2.1 pc

BEIJING: China's inflation declined in March, easing pressure on consumers but fueling questions about the strength of recovery in the world's second-biggest economy.

Indonesia Growth Seen Exceeding 6% Reduces Need for Rate Cut

Indonesia’s economic growth probably held above 6 percent last quarter, as domestic spending and rising investment countered falling exports, giving the central bank room to refrain from cutting interest rates.

Consumer prices flat in November

(Reuters) - Consumer prices were flat in November as Americans paid less for cars and gasoline, a further sign of a cooldown in inflation that could give the Federal Reserve more room to help a still-weak economy.