Today's Economy Economic Roundup: Can Better News Stick in U.S.? Cases are falling but strains of the U.K. variant are doubling every 10 days in the U.S. Full Steam Ahead for Taiwan in 2021 Demand for semiconductor chips is soaring, and Taiwan will benefit. Canada Weekly: Oil Woes...Again The country faces idiosyncratic problems as global petroleum demand remains down across the board. COVID-19 Policy Tracker: Our Updated Policy Assumptions Government spending will increase, but will be less than the massive measures used last year. » VIEW MORE TODAY'S ECONOMY
Commentary Stimulus Mitigates Economic Damage for Low-Income U.S. Consumers Confidence suggests higher-income households have been more impacted. Europe Weekly Highlights and Preview, 12 February, 2021 Demand for consumer goods has weakened as households face greater income and job insecurity during the second wave of COVID-19 lockdowns. Latin America Weekly Highlights and Preview: February 12, 2021 Lima's jobless rate will edge lower, but the number will be misleading. Australia Risk Matrix Update: Promising Prospects, Mostly A proactive policy response has cushioned the economy from the COVID-19-induced downturn. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom GDP - Quarterly 2020Q4: 1% q/q Preliminary numbers showed that U.K. Spain Consumer Price Index Jan. 2021: 0.5% y/y Spain’s consumer price index rose by 0.5% y/y in January. United Kingdom Monthly GDP Dec. 2020: 1.2% m/m U.K. Russian Federation Monetary Policy Feb. 2021: 4.25% The Central Bank of Russia maintained its key policy rate at its February meeting. India Consumer Price Index Jan. 2021: 4.06% y/y India's consumer price index fell to 4.06% y/y in January from 4.59% in December. India Industrial Production Dec. 2020: 1.0% y/y India’s quick estimates of industrial production surprised to the upside, turning positive again in December. Canada Wholesale Trade Dec. 2020: -1.3% The chorus of indicators showing deterioration is growing. United States Moody’s Analytics & CNN Business Back-to-Normal Index February 10: 80.5 The Moody’s Analytics & CNN Business Back-to-Normal Index fell 0.2 point this week to 80.5. Peru Monetary Policy Feb. 2021: 0.25% The Central Reserve Bank of Peru left the policy rate unchanged in its February meeting, noting a substantial deterioration in economic conditions in January that will dampen inflation pressures. United States University of Michigan Consumer Sentiment Survey Feb. 2021: 76.2 U.S. consumer sentiment unexpectedly slipped an additional 2.8 points in February after dipping 1.7 points in January as confidence remains in a narrow range while COVID-19 rages and vaccine distribution starts. Colombia Industrial Production Dec. 2020: 1.5% y/y Manufacturing output grew 1.5% y/y in December after falling 0.2% in the previous month. » VIEW MORE ECONOMIC INDICATORS |