Today's Economy Economic Roundup: Rise in Long-Term U.S. Interest Rates Is Good News Anticipation of additional fiscal support is causing markets to adjust their economic expectations. LatAm Daily Briefing: Recovery Advances in Colombia The duration and severity of the second wave of COVID-19 will dictate the robustness of economic improvement in 2021. Europe Daily Briefing: Lockdown Pushes Italy's Sales Off a Cliff Consumer price inflation picked up a bit in the Netherlands in December. Malaysia Hunkers Down Again New restrictions and state of emergency will crush retail sales and consumer sentiment. » VIEW MORE TODAY'S ECONOMY
Commentary Monetary Policy Tracker: The Inflation Bind Brazil, Chile and Mexico's central banks ended 2020 in expansionary territory after significant interest rate cuts. U.S. COVID-19 Tracker Update: Travel Will Revive It doesn’t appear that the pandemic has caused a huge change in people’s willingness to travel, raising our confidence for a spending rebound. U.S. Weekly Highlights and Preview, January 11, 2021 The outcome of the Georgia Senate races and Democratic control of the federal government have a significant bearing on prospects for fiscal policy. U.S. Chartbook: The Recovery Gets a Black Eye A downbeat jobs report headlined last week's key economic data releases. » VIEW MORE COMMENTARY
Today's Economic Indicators
Uruguay Industrial Production Nov. 2020: -10.7% Uruguay’s industrial production took a step back in November and declined by 10.7% on a year-earlier basis. Italy Retail Sales Nov. 2020: -6.9% Italy’s retail sales fell by 6.9% m/m in November as nonfood spending shed 13.2% amid new restrictions. United States NFIB Small Business Survey Dec. 2020: 95.9 One reason we put more stock in what businesses do rather than say is that some surveys, including the NFIB, can lean politically in one direction. Brazil Consumer Price Index Dec. 2020: 4.52% Brazil’s inflation ended 2020 on an upward trend with an annual rate above the 4% target, as the economy reactivated in the second half of the year after a deep contraction. India Consumer Price Index Dec. 2020: 4.59% India's December consumer price index fell sharply to 4.59% y/y from November’s 6.93%, the first drop since March below the 6% upper target line pursued by the Reserve Bank of India. India Industrial Production Nov. 2020: -1.9% Expected to increase by 3.7%, India’s industrial production instead surprised to the downside in November, declining by 1.9% compared with the same period last year. United States Job Openings and Labor Turnover Survey Nov. 2020: 4.4% openings rate Job Openings and Labor Turnover Survey data at the end of November only began to reflect the worsening pandemic in the U.S. United States Moody’s Analytics Policy Uncertainty Index January 08: 324.4 The four-week moving average in our U.S. policy uncertainty index fell from 327.5 to 324.4 in the week ended January 8. Russian Federation Consumer Price Index Dec. 2020: 0.8% Russian inflation continues to climb steadily higher. South Korea Employment Dec. 2020: » VIEW MORE ECONOMIC INDICATORS |