Today's Economy LatAm Daily Briefing: Two-Faced Commodities Boom Countries in the region that are most in need of a lift are precisely those most reliant on oil. Economic Roundup: Ignore Those Year-Over-Year Comparisons All of the distortions in the data from the start of the pandemic are about to hit. Thailand’s Economic Conditions Set to Worsen Retail and recreation activities will drop in the wake of rising COVID-19 cases. Europe Daily Briefing: Retail Sales Partially Rebound Retail sales grew in February, but the consumer economy remains blunted. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, April 12, 2021 Higher gasoline prices and a jump in unit vehicle sales also point toward a sizable gain in retail sales. This Week in the COVID Crisis U.S. growth in the next year or two will be powered by the end of the pandemic and massive fiscal support. Australia Risk Matrix Update: Sluggish Vaccine Rollout COVID-19 inoculations have fallen short of goals, leaving the economy vulnerable to localized outbreaks. Latin America Weekly Highlights and Preview, April 9, 2021 In Peru, the jobless rate in the Lima metropolitan area likely hit 15.3% in the January to March rolling quarter, the highest since October. » VIEW MORE COMMENTARY
Today's Economic Indicators
China Monetary Aggregates Mar. 2021: 9.4% y/y Credit growth in China slowed in March as the M2 money supply rose by 9.4% y/y, down from 10.1% in the prior month. Euro Zone Retail Sales Feb. 2021: 3% Retail sales excluding motor vehicles increased by 3% m/m in February, after an upwardly revised decrease of 5.2% in January. India Consumer Price Index Mar. 2021: 5.52% y/y India's consumer price index rose to 5.52% y/y in March from 5.03% in February, on an upward slope after hitting a pandemic-induced low in January. India Industrial Production Feb. 2021: -3.6% y/y Quick estimates show India's industrial production backtracked again in February, tumbling by 3.6% y/y after a 1.6% drop in January. World Moody's Analytics Survey of Business Confidence April 09: 4.1 Global business sentiment improved significantly last week, posting its best reading since the end of February, just prior to when the COVID-19 pandemic struck much of the developed world. China Foreign Trade Mar. 2021: Uruguay Industrial Production Feb. 2021: -27.6% y/y United States Treasury Budget Mar. 2021: -$659.6 bil The American Rescue Plan, combined with past pandemic relief legislation, pumped up the federal budget deficit last month. United States Semiconductor Billings Feb. 2021: -1.0% Global semiconductor sales totaled $39.6 billion in February. » VIEW MORE ECONOMIC INDICATORS |