Today's Economy Economic Roundup: Surely You Can’t Be Serious About a U.S. Recession? A frequent mistake is to compare a recovery or expansion to the prior one. LatAm Daily Briefing: Pandemic Hinders LatAm’s Development Regional growth takes a sustained hit from pandemic-related impacts. Inside Economics Podcast: Bonus Episode—Russia-Ukraine Conflict What are the implications for the global economy? Capital Market View: Fed Communication Fans Uncertainty As first rate hike approaches, Fed communication is fanning, not limiting, uncertainty. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker: Hong Kong Battles Omicron Caseloads have been rising since a local virus cluster was first detected in late December. U.S. Chartbook: Fourth and Goal for the Fed March will be a critical month for monetary policy after CPI inflation came in above expectations. APAC Outlook: Risks Shift Toward Policy Interest rates and monetary policy dominate the near-term in the Asia-Pacific region. U.S. Employment Outlook: Workers Gain Leverage Job gains remained strong even though many more workers reported missing work due to illness. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain Consumer Price Index Jan. 2022: 6.1% y/y Spain's consumer price index rose by 6.1% in yearly terms in January after a 6.5% gain in December. United Kingdom Unemployment Dec. 2021: 4.1% U.K. unemployment fell to 4.1% in the three months to December from 4.3% in the September stanza. Euro Zone External Trade Dec. 2021: -€4.6 bil The euro zone’s deficit came in even worse than expected last December. Belgium Industrial Production Dec. 2021: 18.0% y/y Belgium's industrial production index grew by 18% in December on a year-ago basis, but the index rose just 2.5% on a monthly basis from November to December. Canada Housing Starts Jan. 2022: 231 ths In line with the general cooling in the Canadian housing market, housing starts declined again in January. United States NY Empire State Manufacturing Survey Feb. 2022: 3.1 Factories in New York are treading water, according to the February Empire State Manufacturing Survey. United States Producer Price Index Jan. 2022: 1.0% m/m The Fed can’t catch a break on inflation as the U.S. India Foreign Trade Jan. 2022: -US$17.4 bil India’s merchandise trade deficit shrank again in January to $17.4 billion, down from $21.7 billion in December. World Moody's Analytics Global GDP 2021Q3: 4.1% q/q SAAR Peru Unemployment Jan. 2022: 8.6% The January job market report for metropolitan Lima was decidedly lukewarm, but the pale performance does not mark an inflection point. United States Moody’s Analytics Policy Uncertainty Index February 11: United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index Jan. 2022: 42.8 weeks, NSA New-vehicle affordability increased for the first time since March. Colombia GDP 2021Q4: 10.8% y/y Colombia's economy expanded by a better-than-anticipated 10.8% y/y in the fourth quarter supported by pent-up demand, still-expansive policies, and a favorable external environment, including high oil prices. Argentina Consumer Price Index Jan. 2022: 50.7% y/y The statistics office’s national consumer price index increased 3.9% in January, down slightly from 4% a year earlier. United States Treasury International Capital Flows Dec. 2021: $114.5 bil Net long-term capital flows were down slightly in December, with net inflows totaling $114.5 billion, compared with inflows of $137.9 billion in November. South Korea Employment Jan. 2022: China Consumer Price Index Jan. 2022: China Producer Price Index Jan. 2022: » VIEW MORE ECONOMIC INDICATORS |