Economy.com: Daily Update
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 08, 2025

Today's Economy


Economic Roundup: On the Rise

Upside risks to inflation are increasing, according to Fed policymakers.

Europe Daily Briefing: Scraping the Barrel

Euro zone sentiment has soured more than expected.

Asia-Pacific Daily Briefing: Aussie Inflation Print Means Interest Rates Won't Move in Feb

Headline inflation rose to 2.4% y/y in November, but underlying inflation eased to 3.2%.

Economic Roundup: U.S. Growth Tracks at 3%

Our high-frequency GDP model points to solid growth in the final quarter of 2024.

» VIEW MORE TODAY'S ECONOMY



Commentary


Germany Outlook: Struggling to Regain Momentum

Soft growth, a weakening labour market, and policy uncertainty shape 2025 prospects.

U.S. Labor Supply and Demand Near Equilibrium

The market faces 2025 with solid labor force gains and slowed hiring.

U.K. Outlook: Post-Budget Gloom Set to Fade

Fiscal expansion will help drive stronger growth this year, but downside risks abound.

The Netherlands Outlook: Sustaining Growth in Uncertain Times

The economy is expected to move forward, but growth will be subdued due to weak external demand.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Retail Sales
Nov. 2024: -0.6% m/m
In November, German retail sales slipped 0.6% from October in both real and nominal terms, even after adjusting for calendar and seasonal effects, yet showed a 2.5% and 3.5% year-on-year increase, respectively.

Euro Zone
Business and Consumer Sentiment
Dec. 2024: 93.7
The euro zone’s economic sentiment indicator fell to 93.7 in December from 95.8 in November, a much larger decrease than our expectations.

Chile
Consumer Price Index
Dec. 2024: 4.53% y/y
Chile’s inflation ended the year on the rise and well above the target’s upper limit as the base effect played unfavorably.

Chile
Foreign Trade
Dec. 2024: US$2,390.4 mil
Chile closed out the year with its second-largest trade surplus since the start of 2023.

United States
MBA Mortgage Applications Survey
January 03: -3.7%
High mortgage rates and persistent affordability challenges continue to weigh on the housing market.

Brazil
Industrial Production
Nov. 2024: 2.5% y/y
Brazil's national industry expanded in November at a more moderate pace, fueled by the manufacturing recovery and infrastructure construction.

United States
Jobless Claims
January 04: 201,000
U.S. initial claims for unemployment insurance continue to move in the right direction.

United States
Moody's Analytics Used Vehicle Price Indexes
Dec. 2024: -1.53 % y/y
The Moody's Analytics Used-Vehicle Sales Price Market Index recorded a year-over-year decrease of 1.53% in December.

United States
Wholesale Trade (MWTR)
Nov. 2024: -0.2% m/m
Wholesale inventories slid by 0.2% in November after holding flat in the previous month.

United States
Oil Inventories
January 03: 414.6 mil barrels
Commercial crude oil inventories fell by 1 million barrels in the week ended January 3, on par with consensus expectations.

United States
FOMC Minutes
Dec. 2024:
According to minutes from December’s Federal Open Market Committee meeting, Fed policymakers see inflation risks on the rise and are ready to slow the pace of rate cuts.

Argentina
Industrial Production - Advance
Nov. 2024: -1.7% y/y
Industrial output shrank by 1.7% in November compared with the previous year, following a 1.9% decline in October.

United States
Consumer Credit (G19)
Nov. 2024: $-7.5 bil
The stock of consumer credit outstanding fell by $7.5 billion in November, well below consensus expectations for a $10.5 billion gain.

Australia
Foreign Trade
Nov. 2024:

Australia
Retail Sales
Nov. 2024:

China
Consumer Price Index
Dec. 2024:

China
Producer Price Index
Dec. 2024:

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE


Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Contact Us

Visit us online, email helpeconomy@moodys.com, or use one of the numbers below:


Americas
+1.866.275.3266


Europe
+44.20.7772.5454


Asia/Pacific
+852.3551.3077


All Others
+1.610.235.5299



For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.


This email was sent by Moody's Analytics
211 South Gulph Road, Suite 125
King of Prussia
United States


Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.

g:A5901E639CE54524ACE1B80B31972576 d:D722F1C709874B368ADD51F0BC50EC54