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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.

Thursday, April 07, 2022

Today's Economy


Economic Roundup: Haven't Seen This Since the Late 1960s

New filings drop more than expected as businesses are hesitant to lay off workers.

Capital Market View: Checking In on Spreads and Issuance

High-yield issuance remains soft.

LatAm Daily Briefing: Commodity Prices Boost Brazil’s Exports

The windfall will produce a record-high surplus.

Extension of U.S. Student Loan Pause Is Unjustified

Given high inflation, low joblessness for college grads, and its regressivity, the moratorium should end.

» VIEW MORE TODAY'S ECONOMY



Commentary


Global Tightening Cycle: Status Update

The developed world is in the process of rapid and synchronized monetary policy tightening.

Russia-Ukraine Tracker: Sanctions, Sanctions, Sanctions

The European Commission proposed a fifth package of sanctions on Tuesday.

U.S. Inflation Tracker Update: Energy Fuels Another Hot Print

The invasion of Ukraine injects significant upside risk to the outlook for costs of energy, industrial commodities and food.

Extended Shanghai Lockdown Hits Wider Chinese Economy

The country's zero-COVID policy is hurting two years into the pandemic.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Philippines
Industrial Production
Feb. 2022: 84.3%
Philippine industrial production accelerated to 84.3% y/y in February on a volume basis, up from 17.1% in January.

Netherlands
Consumer Price Index
Mar. 2022: 9.7% y/y
Consumer price pressures stemming from the immediate fallout of the Russia-Ukraine military conflict are evident in the March CPI.

Norway
Industrial Production
Feb. 2022: -0.8% m/m
Industrial production in Norway contracted by 0.8% m/m in February from January.

Germany
Industrial Production
Feb. 2022: 0.2% m/m
Germany’s industrial production index crept higher in February.

Euro Zone
Retail Sales
Feb. 2022: 0.3% m/m
Euro zone retail sales dodged a contraction in February, posting a seasonally adjusted 0.3% m/m increase.

Ireland
Consumer Price Index
Mar. 2022: 6.7% y/y
As expected, the Russia-Ukraine military conflict has caused inflation to surge across Europe and in Ireland.

Ireland
Industrial Production
Feb. 2022: 2.4% m/m
Irish industrial production increased by 2.4% m/m in February after dropping by 6.5% m/m in January.

Switzerland
Unemployment rate
Mar. 2022: 2.2%
Switzerland’s seasonally adjusted unemployment rate came in at 2.2% this March, the same as in the previous month.

Mexico
Consumer Price Index
Mar. 2022: 7.45% y/y
Annual inflation rose again in March as prices stay under pressure.

United States
Jobless Claims
April 02: 166,000
U.S. initial claims for unemployment insurance fell by 5,000 to 166,000 in the week ended April 2.

United States
St. Louis Fed Financial Stress Index
April 01: -1.28
Financial stress modestly ticked higher, but financial market conditions remain accommodative for economic growth.

Chile
Foreign Trade
Mar. 2022: US$1,263.9 mil
Surging copper prices hoisted exports in March, pushing the trade surplus to US$1.264 billion, the largest since April 2021.

United States
Natural Gas Storage Report
April 01: -33 bil cubic feet
Last week’s decline in natural gas stocks exceeded analyst predictions, so this report put modest upward pressure on prices.

Argentina
Industrial Production - Advance
Feb. 2022: 8.7% y/y
Industrial output grew 8.7% year on year in February (NSA) after falling 0.8% in the previous month.

United States
Consumer Credit (G19)
Feb. 2022: $41.8 bil
The stock of consumer credit outstanding expanded by $41.8 billion in February, nearly tripling consensus expectations for a $15 billion gain.

Singapore
GDP - Advanced
2022Q1:

China
Foreign Trade
Mar. 2022:

Philippines
Foreign Trade
Feb. 2022:

» VIEW MORE ECONOMIC INDICATORS

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