Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Monday, April 27, 2020

Today's Economy


LatAm Daily Briefing: Brazil on the Brink

A political crisis grows after the resignation of the justice minister.

Europe Daily Briefing: France's Labour Market Will Outperform

The generous wage-subsidy support is proving effective at keeping the labour market afloat.

Asia-Pacific Daily Briefing: China's Industrial Profits Plummet in Q1

A rise in unemployment will add to a demand-side slowdown in the short term.

Australia Risk Matrix Update: In Recession

Risks of a more pronounced slowdown are elevated and odds of a more protracted recovery are high.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview, April 27, 2020

The Fed meets, but we don’t anticipate any changes to interest rates or balance sheet policies.

Challenges in Estimating Unprecedented Job Loss

Initial estimates for April should be taken with a grain of salt.

Malaysia's Shifting Regional Diversity

The country faces the challenge of maintaining its competitive edge against both ends of the value chain.

This Week in the COVID Crisis

The economy will not be able to gain traction until there is a medical solution to the virus.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Mexico
Employment Situation
Mar. 2020: 2.9% Unemployment
Unemployment in Mexico continued to adjust down in March as the impact of the coronavirus pandemic on employment was not significant in the month.

Peru
Consumer Price Index
Mar. 2020: 1.8%
Inflation in the Lima metropolitan area rose 1.8% in March on a year-ago basis, 0.1 percentage point less than the annual inflation rate in February.

Russian Federation
Retail Sales
Mar. 2020: 5.6%
Russian retail accelerated again in March as spending picked up ahead of COVID-19 shutdowns.

United States
Moody's Analytics Used Vehicle Price Indexes
Mar. 2020: -0.5%
U.S. used-vehicle prices were down 0.5% on a year-over-year basis in March, marking the largest decline since October.

World
Moody's Analytics Survey of Business Confidence
April 24: -16.0
Global businesses remain shell-shocked by the fallout from COVID-19.

United States
Texas Manufacturing Outlook Survey
Apr. 2020: -73.7
The deep contraction in Texas factory activity got even worse in April.

France
Job Seekers
Mar. 2020: 3.49 mil
Layoffs due to COVID-19 are causing joblessness to spike to unprecedented levels. The number of job seekers in France jumped by 243,000 to 3.49 million in March, the biggest increase since recording began in 1996.

South Korea
Consumer Sentiment Index
Apr. 2020:

Japan
Employment Situation
Mar. 2020:

» VIEW MORE ECONOMIC INDICATORS

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