The euro area economy grew at a faster-than-estimated pace in the first quarter on net contribution from trade, revised data from Eurostat showed on Wednesday. Gross domestic product expanded 0.6 percent from the fourth quarter, when the economy had advanced 0.2 percent. The rate was revised up sharply from 0.3 percent. more...
Japan's gross domestic product contracted an annualized 0.5 percent on year in the first quarter of 2022, the Cabinet Office said on Wednesday - beating forecasts for a decline of 1.0 percent following the 3.8 percent increase in the previous three months. more...