| Today's Economy
Economic Roundup: Labor Market Ends 2024 With a Bang Job gains surprised to the upside in December and the unemployment rate inched lower. Canada Weekly: 2025's Key Assumptions We revisit 2024's forecast and outline six key elements of the 2025 outlook. Geopolitical Risk Calendar: Headaches for the U.K. Government The rise in U.K. yields in recent days and a further depreciation in the sterling exchange rate suggest markets are growing particularly concerned about the sustainability of public finances. Europe Daily Briefing: Output Temporarily Falls in Spain Flooding weighed on the November data, but a rebound likely came in December. » VIEW MORE TODAY'S ECONOMY
Commentary
Southern California Wildfires Are Poised to Make the Worst Kind of History Regional damage and lost output will prove historic, and the story has yet to be fully written. U.S. Weekly Highlights and Preview, January 10, 2025 December’s expected inflation rise will lift annual headline CPI from 2.7% to 2.8%. U.S. Jobs Report Cont’d: With a Bang A hefty 256,000 jobs were added in the final month of 2024. China Chartbook: Price Problems The country's economy continues to dance with deflation. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Consumption Activity Index
Nov. 2024: 0.1% m/m
The Bank of Japan’s real consumption activity index adjusted for travel rose 0.1% month over month in November, a slightly smaller increase than we had expected. Norway
Consumer Price Index
Dec. 2024: 2.2% y/y
Norway’s CPI eased again this December. France
Industrial Production
Nov. 2024: 0.2% m/m
France's industrial production rose 0.2% month on month in November, following a downwardly revised 0.3% drop in October. Italy
Retail Sales
Nov. 2024: -0.4% m/m
Italy’s retail sales disappointed in November, falling by 0.4% month over month due to sharp drops in food and nonfood spending. Spain
Industrial Production
Nov. 2024: -0.8% m/m
Spain’s industrial production fell 0.8% month over month in November after adjusting for seasonal and calendar variations. Brazil
Consumer Price Index
Dec. 2024: 4.83% y/y
Brazil’s inflation adjusted down at the end of the year but stayed close to the 5% mark. Mexico
Industrial Production
Nov. 2024: -1.4% y/y
Mexico's national industry continued to weaken in November, affected by the slowness of the political transition. India
Industrial Production
Nov. 2024: 5.2% y/y
India's industrial production index rose 5.2% over the year in November. Colombia
Consumer Price Index
Dec. 2024: 5.2% y/y
Colombia’s consumer price index increased 0.46% month on month, compared with a 0.45% increase a year earlier. Canada
Labor Force Survey
Dec. 2024: 6.7%
The labor market posted a strong finish to an otherwise middling year. Canada
Building Permits
Nov. 2024: -5.9% m/m
Building permits in Canada declined 5.9% in November, marking the second consecutive monthly drop. United States
Employment Situation
Dec. 2024: 256,000 m/m
The labor market closed 2024 on an impressive note. United States
Moody’s Analytics House Price Index
Nov. 2024: 4.7%
Monthly house price appreciation inched higher in November, according to the Moody’s Analytics House Price Index. United States
University of Michigan Consumer Sentiment Survey
Jan. 2025: 73.2
The University of Michigan consumer sentiment index continued its string of small changes in January, retreating slightly after five straight small gains. Peru
Monetary Policy
Jan. 2025: 4.75%
The Central Reserve Bank of Peru delivered a surprise rate cut in its first meeting of the year, with a 25-basis point reduction bringing the policy rate to 4.75%. United States
California Manufacturing Survey
2025Q1: 61.6
T Denmark
Consumer Price Index
Dec. 2024: 1.9% y/y
Danish headline CPI increased by 1.9 % y/y, up from 1.6% in November. » VIEW MORE ECONOMIC INDICATORS | 