| Today's Economy
Economic Roundup: Good Is Bad? Strong economic data in the U.S. frightened financial markets. LatAm Daily Briefing: Peru’s Inflation a Broader Test for LatAm Unexpectedly high inflation will challenge central banks across the region. Europe Daily Briefing: Euro Zone Retail Sales Recoil Retail sales drop in October, wiping out September’s gains. Asia-Pacific Daily Briefing: Singapore's Retail Sales Steady Consumers will want to hit the shops before January's GST hike. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: Mixed Signals Payroll gains surprised on the upside in November, but the household survey sang a different tune. This Week in Housing Declines in U.S. house prices moderate but weakness in pending sales points to further declines. U.S. Weekly Highlights and Preview, December 2, 2022 Consumer sentiment is set to improve. U.S. Jobs Report Cont’d: November Update Last month brings another strong headline figure for the labor market, though some softening is evident. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Retail Sales
Oct. 2022: 10.4%
Singapore’s retail sales were up 10.4% year on year in October, lagging September’s 11.3% year-on-year increase. Austria
Retail Sales
Oct. 2022: -5.2% y/y
Austrian retail sales fell sharply in October to 5.2%, following September's correction of 0.7%. Austria
GDP
2022Q3: 0.2% q/q
Bouncing back from the pandemic-induced contraction in the fourth quarter of 2021 and first quarter of 2022, Austrian real GDP growth in the second quarter of 2022 was confirmed at 1.5% q/q, higher than the 0.5% q/q flash estimate. Euro Zone
Retail Sales
Oct. 2022: -1.8% m/m
In October, euro zone retail sales collapsed by 1.8% month over month after rising by 0.8% in September. Belgium
Retail Sales
Oct. 2022: -6.5% m/m
Colombia
Consumer Price Index
Nov. 2022: 12.5% y/y
Colombia’s annual inflation rate continued to accelerate in November amid rising food and energy prices and the weaker peso. Canada
Building Permits
Oct. 2022: -1.4% m/m
In October, the total value of building permits fell by 1.4% to C$10 billion. World
Moody's Analytics Survey of Business Confidence
December 02: 4.5
Global business sentiment is weak but has been remarkably stable all year. United States
Factory Orders (M3)
Oct. 2022: 1.0% m/m
In line with our forecast, U.S. factory orders expanded 1% from September to October. United States
ISM Nonmanufacturing Index
Nov. 2022: 56.5
The U.S. nonmanufacturing sector expanded in November for the 30th month in row, and the breadth of growth was greater than in the prior month. Uruguay
Consumer Price Index
Nov. 2022: 8.46% y/y
Inflation in Uruguay slowed down for the second consecutive month and fell below the 9% threshold after posting an 8.46% y/y increase in November, the lowest rate since February. United States
Semiconductor Billings
Oct. 2022: -0.3%
Data from the Semiconductor Industry Association revealed global chip sales contracted for the fifth straight month in October. Global sales fell 0.3% compared to September 2022 and were 4.6% lower year over year. Philippines
Consumer Price Index
Nov. 2022:
Australia
Monetary Policy
Dec. 2022:
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