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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.

Thursday, July 11, 2024

Today's Economy


Economic Roundup: Prices Fall in June

The 0.1% decline in the U.S. CPI in June was a welcome downside surprise.

LatAm Daily Briefing: Running at Different Speeds

Despite mixed economic performances in 2024, the region is primed for expansion next year.

Europe Daily Briefing: Working Double Time

U.K. GDP doubled market expectations in May.

Asia-Pacific Daily Briefing: The Bank of Korea Gets Closer to Cutting

Inflation keeps falling and the central bank keeps holding, but a rate change is coming.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Risk Matrix: Monitoring U.S. Banks

Banks are not as fragile as often assumed and are in good shape to weather a downturn.

U.S. Chartbook: Cool for the Summer

A softer jobs report signals a loosening labor market.

German Housing Still in the Doldrums

Construction saved the first quarter, but won’t be there for the second.

U.S. Inflation Tracker: Let’s Get Cutting

The Fed has brought inflation toward its target gracefully, so it should not wait longer to start easing policy.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Monetary policy
Jul. 2024: 3%
Bank Negara Malaysia held its policy rate at 3% in its July meeting, as widely expected.

Germany
Consumer Price Index
Jun. 2024: 2.2% y/y
In June, inflation in Germany slowed to 2.2% year over year, down 20 basis points from the previous month.

United Kingdom
Monthly GDP
May. 2024: 0.4% m/m
The 0.4% month-over-month rise in U.K.

Ireland
Consumer Price Index
Jun. 2024: 2.2% y/y
Ireland’s consumer price inflation dipped to 2.2% in June, in line with our expectations of a continued, moderate pace of disinflation in the coming months.

Brazil
Retail Sales Index
May. 2024: 8.1% y/y
Household consumption reported a significant annual gain in May as the domestic market gained additional traction stimulated by the monetary easing in place.

United States
Jobless Claims
July 06: 222,000
Initial unemployment claims headed lower in the week ended July 6, falling to 222,000 from an upwardly revised 239,000 in the prior week.

United States
Consumer Price Index
Jun. 2024: -0.1% m/m
Considerable progress in the fight against inflation was made in the second quarter.

United States
Moody's Analytics Used Vehicle Price Indexes
Jun. 2024: -11.24%
The Moody’s Analytics Used Vehicle Sale Price Index and Retention Index declined 1.03% and 1.55% month over month, respectively, in seasonally adjusted terms.

United States
St. Louis Fed Financial Stress Index
July 05: -0.82
U.S. financial market stress went largely unchanged in the week ended July 5, with the St.

United States
Natural Gas Storage Report
July 05: 65 bil cubic feet
Last week’s build in natural gas storage exceeded analyst predictions, suggesting that this report could weigh on prices somewhat.

United States
Cox Automotive/Moody’s Analytics Vehicle Affordability Index
Jun. 2024:

United States
Treasury Budget
Jun. 2024: -$66.0 bil
The Treasury budget recorded a deficit of $65.965 billion in June, far below the $227.768 billion shortfall in the same month last year.

Singapore
GDP - Advanced
2024Q2:

China
Foreign Trade
Jun. 2024:

» VIEW MORE ECONOMIC INDICATORS

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