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Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, January 11, 2023

Today's Economy


Economic Roundup: All Eyes on Thursday’s CPI Report

Inflation likely continued to cool after peaking in June.

Final Thoughts Ahead of December's CPI

We expect a headline rise of 0.1% from the month before, a touch higher than consensus.

LatAm Daily Briefing: Uruguay’s Outlook Remains Stable

The nation’s in better shape economically and politically than its LatAm peers.

China’s Oil Imports From Russia: A Blend of Sweet and Sour

Steep discounts and China’s economic rebound will bolster the red dragon’s demand for Russian oil.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Road to Recession: Perhaps Just a 'Slowcession'

Under almost any scenario, the economy is set to have a difficult year.

Prices Fall, but Housing Remains Overvalued

By 2025, U.S. house prices will be back to their late-2021 level, eliminating an estimated $4 trillion in housing wealth.

Country Risk Spotlight: United Kingdom

The country has the most negative near-term economic outlook of all major advanced economies.

U.S. Chartbook: A Promising Start

The December employment report brought good news for the Fed's mission to squash inflation.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Spain
Industrial Production
Nov. 2022: -0.7% m/m
In seasonally adjusted and calendar-adjusted terms, Spain’s industrial production contracted 0.7% month over month in November.

Italy
Retail Sales
Nov. 2022: 0.8% m/m
Italy’s month-on-month retail sales ticked up by 0.8% in November, offsetting October’s drop, as food and nonfood spending grew by 0.6% and 1%, respectively.

Portugal
Consumer Price Index
Dec. 2022: 9.6%
Portuguese inflation in December was 9.6% y/y.

Mexico
Industrial Production
Nov. 2022: 3.2% y/y
Mexico’s industrial production index reported annual growth of 3.2% in November, after increasing 3.1% in the previous month and advancing 1% a year ago.

Brazil
Retail Sales Index
Nov. 2022: 1.5% y/y
Retail consumption decelerated in November as the spending on elections ended.

United States
MBA Mortgage Applications Survey
January 06: 1.2%
Mortgage activity rose slightly in the first week of the year, increasing by 1.2%.

United States
Oil Inventories
January 06: 439.6 mil barrels
An unexpected jump in crude oil inventories is likely to push down on prices somewhat.

Uruguay
Industrial Production
Nov. 2022: -5.9% y/y
Uruguay’s industrial production decreased for the second month in a row, declining 5.9% y/y in November following a 4.2% decrease in October.

Australia
Foreign Trade
Nov. 2022:

China
Consumer Price Index
Dec. 2022:

China
Producer Price Index
Dec. 2022:

China
Foreign Trade
Dec. 2022:

» VIEW MORE ECONOMIC INDICATORS

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