| Today's Economy
Europe Daily Briefing: Spanish Inflation Slows Preliminary estimates point to a large deceleration in energy inflation. Asia-Pacific Daily Briefing: Korea's Core CPI Cools a Bit Headline inflation was unchanged at 5% y/y in December, while core CPI hit 4.3%. Economic Roundup: U.S. Job Market Still a Model of Strength Jobless claims give little cause for concern ahead of next week’s employment report. Europe Daily Briefing: Euro Zone Money Supply Still Growing Loan growth to the economy is slowing, though higher than pre-pandemic norms. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, December 30, 2022 We expect job gains continued to cool in December with the unemployment rate holding steady at 3.7%. Global Outlook: Rough Start for the New Year Persistent core inflation and an aggressive monetary response are taking a toll on the global expansion. Europe Weekly Highlights and Preview, 30 December, 2022 Headline inflation likely fell for December, but core inflation remains strong. APAC Outlook for 2023 The regional economy will slow but will avoid recession. » VIEW MORE COMMENTARY
Today's Economic Indicators
World
Moody's Analytics Global Risk of Recession
Dec. 2022: 53.7%
World recession risks have increased slightly after a couple of months' reprieve. Netherlands
Retail Sales
Nov. 2022: -3.3% y/y
Retail sales in the Netherlands declined by 3.3% y/y in November, improving on a 6.6% fall in October. Thailand
Foreign Trade
Nov. 2022: US$0.5 bil
Thailand’s foreign trade surplus fell to $0.5 billion in November, down from $1.5 billion in October because of an increase in nondurable goods imports. Portugal
Retail Sales
Nov. 2022: -1.2% y/y
Portuguese retail sales increased by 1.7% m/m in November after a downwardly revised 0.4% gain in October. Chile
Retail & Wholesale Sales
Nov. 2022: -9.3% y/y
Chilean consumers turned bearish again in November, with rising interest rates and stagnant incomes weighing on spending. Chile
Manufacturing Production
Nov. 2022: -7.78% y/y
The national manufacturing industry remained in negative territory in November as the economy contracted. Russian Federation
GDP
2022Q3: -3.7% y/y
The external environment for Russia remains challenging and significantly constrains economic activity. United States
Agricultural Prices
Nov. 2022: 4.5% m/m
The Agricultural Prices Received Index increased 4.5% in November to 133.4. China
Manufacturing PMI
Dec. 2022:
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