Today's Economy Economic Roundup: U.S. Consumers Feeling a Little Better Cheaper gasoline and rising stocks nudge sentiment higher. Geopolitical Risk Calendar: U.S.-China Relations Strained China ended cooperation with the U.S. on several international issues, including climate change. Canada Weekly: Canada’s Achilles Heel In April's budget address, the deputy prime minister highlighted Canada's biggest long-term weaknesses. Asia-Pacific Daily Briefing: Malaysia's Q2 GDP Beats Forecasts The country’s GDP reading outperformed expectations. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, August 12, 2022 Brazil’s rapidly declining inflation rate stands out from its peers. Europe: Running on Fumes The EU needs to carefully manage its energy requirements to avoid running out of gas. Europe Weekly Highlights and Preview, 12 August, 2022 The euro zone deficit continues to deepen. Asia-Pacific Weekly Highlights and Preview: New Zealand and Philippine Central Banks March On With Hikes With inflation expectations not yet anchored, it’s important for NZ's central bank not to let up. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia GDP 2022Q2: 8.9% y/y Malaysia’s second-quarter GDP far surpassed our expectations, growing by 8.9% y/y. United Kingdom GDP - Quarterly 2022Q2: -0.1% q/q First numbers showed that U.K. France Consumer Price Index Jul. 2022: 6.1% y/y France’s inflation rate accelerated to 6.1% y/y in July from 5.8% in June. Spain Consumer Price Index Jul. 2022: 10.8% y/y Spain's consumer price index rose by 10.8% in yearly terms in July after a 10.2% gain in June. Sweden Consumer Price Index Jul. 2022: 8.5% y/y Sweden’s year-on-year inflation rate eased in July to 8.5% from 8.7% in June. United Kingdom Monthly GDP Jun. 2022: -0.6% m/m U.K. Euro Zone Industrial Production Jun. 2022: 0.7% m/m Industrial production in the euro zone increased by 0.7% m/m this June, following a 2.1% rise in May. India Consumer Price Index Jul. 2022: 6.7% y/y India’s CPI inflation rate slowed down slightly, coming in at 6.71% year on year in July compared with 7.01% in June. India Industrial Production Jun. 2022: 12.3% y/y India's industrial production index increased by 12.3% y/y in June, decelerating on a 19.6% rise in May. United States Import and Export Prices Jul. 2022: -1.4% m/m The string of better U.S. inflation data continues as import prices dropped more than expected in July. Peru Monetary Policy Aug. 2022: 6.5% The Central Reserve Bank of Peru delivered another 50-basis point hike in its August meeting, bringing the policy rate to 6.5%, the highest the rate has been since the adoption of inflation-targeting in the early 2000s. United States Moody’s Analytics & CNN Business Back-to-Normal Index August 10: 91.0 The Moody’s Analytics Back-to-Normal Index slid from 91.3 to 91 this week. United States University of Michigan Consumer Sentiment Survey Aug. 2022: 55.1 U.S. consumers are feeling a little better as gasoline prices have dropped noticeably over the past few weeks. Colombia Industrial Production Jun. 2022: 12.3% y/y Manufacturing output continued to expand in June supported by robust domestic demand conditions. » VIEW MORE ECONOMIC INDICATORS |