- My ASP.NET Application

Economy.com: Daily Update

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.

Tuesday, December 20, 2022

Today's Economy

Europe Daily Briefing: German PPI Drops Again

Lower energy prices softened producer price inflation in November.

Asia-Pacific Daily Briefing: Kuroda Got Us Again

The Bank of Japan can surprise.

Economic Roundup: Long COVID's Economic Impact

Long COVID is contributing to U.S. labor supply issues.

Inside Economics Podcast: Episode 90—Mispriced Markets, Miserable Outlook

'Deglobalization' is adding to worldwide financial woes.

» VIEW MORE TODAY'S ECONOMY

Commentary

U.S. Chartbook: Don't Expect a Year of the Dove

A hawkish surprise from the Fed in early 2023 seems unlikely.

U.S. Commodities Outlook: Over the Peak

WTI crude oil prices are expected to average $86 per barrel in 2023.

The Ghost of Fiscal Future: New Rules for a New Era

The last instalment in our series on EU fiscal rules looks to the redesign of fiscal governance.

U.S. Housing Outlook: Multifamily Construction Charges Ahead

We maintain our baseline view for slowing single-family construction and sales along with a 10% decline in national house prices over the next two years.

» VIEW MORE COMMENTARY

Today's Economic Indicators

Finland
Unemployment rate
Nov. 2022: 5.9%
Finland’s not seasonally adjusted unemployment rate dropped to 5.9% in November from 6% a year earlier.

Hong Kong SAR (China)
Consumer Price Index
Nov. 2022: 1.8% y/y
In November, Hong Kong's headline Composite Consumer Price Index was at 1.8% over the year, unchanged from last month.

Mexico
Retail & Wholesale Sales
Oct. 2022: 3.8% y/y
Mexico’s retail consumption reported another annual gain in October.

United States
Philadelphia Fed Nonmanufacturing Survey
Dec. 2022: 3.4
Service sector activity in the Fed’s Third District picked up in December but remains soft.

United States
New Residential Construction (C20)
Nov. 2022: 1.427 mil, SAAR
Sky-high mortgage rates and shrinking affordability continue to throw ice on the U.S. housing market.

Canada
Retail Trade
Oct. 2022: 1.4% m/m
High prices buoyed retail sales through October.

New Zealand
Foreign Trade
Nov. 2022: -NZ$ 1863 mil
New Zealand’s goods trade deficit narrowed in November to NZ$1.9 billion from a revised NZ$2.3 billion in October.

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE

Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Visit us online, email help@economy.com, or use one of the numbers below:

Americas
+1.866.275.3266

Europe
+44.20.7772.5454

Asia/Pacific
+852.3551.3077

All Others
+1.610.235.5299

For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.

This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States

Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.