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May 26, 2026
Euro traded at 1.1621 against USD at 9:00 AM PST
Spain's producer prices increased at the fastest pace since late 2022 in April, driven by a sharp rise in energy prices. Producer prices grew 8.3% year-on-year in April, marking the strongest rise since December 2022. This followed a 3.1% rise in March. The surge was largely attributable to the 22.3% jump in energy prices. Prices of intermediate goods and capital goods climbed moderately by 3.8% and 2.0%. Consumer goods prices rose only 1.6%. However, the monthly increase in producer prices slowed sharply from 6.2% in March to 1.7%. 05/26/2026 - 03:46:00 (RTTNews)
British Pounds traded at 1.13442 against USD at 9:00 AM PST
In May, U.K. shop price inflation accelerated on rising non-food prices. The shop price index climbed 1.2% year-on-year in May, following April's 1.0% increase. Non-food prices advanced 0.5%, in contrast to the 0.1% fall from the previous month. At the same time, non-food inflation softened to 2.7% from 3.1% in April. Furniture and health and beauty registered the sharpest increases, driven by rising raw material and shipping costs.
While retailers work hard to keep prices down for customers, they continue to face significant cost pressures, including higher energy bills and disruption linked to the conflict in Iran. 05/26/2026 - 02:47:00 (RTTNews)
Taiwan's industrial production growth moderated in April, while retail sales increased for the third straight month. Industrial production advanced 14.2% year-on-year in April, much slower than the 26.1% surge in March.
Among sectors, the annual growth in manufacturing output eased from 28.0% to 15.1%. Meanwhile, the contraction in the mining and quarrying sector softened marginally from 9.7% to 9.4%. Similarly, utility sector production fell at a slower pace of 0.5% versus a 2.4% decline a month ago.
Monthly, industrial production rose a seasonally adjusted 0.5% after remaining flat in March. Retail sales climbed 5.2% yearly in April, faster than the 3.3% increase in the previous month.
Sales at general merchandise stores advanced 7.2%, and those at the food, beverages, and tobacco industries grew 3.7%. Sales of textiles and clothing in specialized stores expanded 14.1%, while the motor vehicles, motorcycles, and related sales at specialized stores logged 4.6% fewer sales. 05/26/2026 - 05:08:00 (RTTNews)
Singapore's industrial production expanded at the quickest pace in six months in April. Industrial production advanced 17.6% year-on-year in April, much faster than the 9.2% rise in March.
Among clusters, electronics output grew the most by 44.0% from last year on the back of robust AI-related demand. General manufacturing output was 16.9% higher due to higher production of structural metal products as well as beverages. Similarly, precision engineering grew 15.1% amid more output of semiconductor equipment, and the transport engineering cluster expanded 10.1%.
On the other hand, biomedical manufacturing output fell sharply by 16.1% amid contractions in medical technology and pharmaceuticals segments. Chemicals output also plunged 17.6%, linked to lower output in the petroleum and petrochemicals segments, due to disruptions in feedstock supply. Excluding biomedical manufacturing, total industrial production surged 21.5% annually in April versus 12.4% growth a month ago. 05/26/2026 - 03:23:00 (RTTNews)
This market update is prepared by Cathay Bank for informational purposes only and does not constitute any form of legal, tax or investment advice, nor should it be considered an assurance or guarantee of future exchange rate movements or trends. This information is provided without regard to the specific objectives, financial situations or needs of any recipient. Cathay Bank does not make any representations or warranties about the accuracy, completeness or adequacy of this market update.
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