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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.

Friday, July 12, 2024

Today's Economy


Economic Roundup: U.S. Consumers Still Can’t Shake It Off

Despite moderating inflation, consumers are still struggling with higher price levels.

Canada Weekly: A Reprieve for Rents?

Construction trends signal metro market divergence.

Europe Daily Briefing: Inflation Retracts Its Claws

The ECB won't cut next week even though France, Spain and Sweden saw price growth moderate in June.

Geopolitical Risk Calendar: No Majority in French Elections

Political deadlock threatens to weaken France's political influence and stability within the European Union.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, July 12, 2024

Colombia’s inflation rate stands pat while Chile’s stays above target.

U.S. Road to Recession: Good…for Now

The second quarter sees robust headway in the inflation fight.

Europe Weekly Highlights and Preview, 12 July 2024

All eyes on the European Central Bank next week.

U.S. Weekly Highlights and Preview, July 12, 2024

June’s encouraging CPI report raises expectations that the Fed will begin to cut rates in September.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Industrial Production
May. 2024: 2.4% y/y
Malaysia’s industrial production index rose 2.4% year over year in May.

Sweden
Consumer Price Index
Jun. 2024: 2.6% y/y
Sweden's headline CPI inflation rate slowed to 2.6% year over year in June from 3.7% in May.

France
Consumer Price Index
Jun. 2024: 2.2% y/y
France’s CPI inflation rate eased to 2.2% year over year in June from 2.3% in May.

Spain
Consumer Price Index
Jun. 2024: 3.4% y/y
In June, Spain's consumer price index rose 3.4% year over year after a 3.6% gain in May.

Mexico
Industrial Production
May. 2024: 1.0% y/y
Mexico's national industry continued to advance in May, but the annual growth rate was significantly adjusted downward due to the base effect.

India
Industrial Production
May. 2024: 5.9% y/y
India's industrial production index rose 5.9% in May from a year earlier.

World
Moody's Analytics Global CPI
Jun. 2024: 0.4% m/m
The Moody’s Analytics measure of global CPI rose 0.4% month over month in June, slowing from a 1.6% increase in May.

India
Consumer Price Index
Jun. 2024: 5.08 % y/y
In June, India’s consumer price index rose 5.08% year over year, coming in higher than May’s increase of 4.75%.

Canada
Building Permits
May. 2024: -12.2% m/m
Canada's building permit value dropped 12.2% in May from April's record high because of a large decline in British Columbia.

United States
Producer Price Index
Jun. 2024: 0.2% m/m
Following the downside surprise in consumer prices, producer prices rose a bit faster than expected in June.

United States
University of Michigan Consumer Sentiment Survey
Jul. 2024: 66.0
Unexpectedly, and despite the upward revision to June, confidence dipped in July, extending its streak of monthly declines to four, according to the University of Michigan consumer sentiment index.

Peru
Monetary Policy
Jul. 2024: 5.75%
In accordance with our expectations and those of the market, the Central Reserve Bank of Peru paused in its July meeting, leaving the policy rate unchanged at 5.75%.

Canada
RPS House Price Index
Jun. 2024: 2.2% y/y

Uruguay
Industrial Production
May. 2024: 1.7% y/y
Uruguay's industrial production increased again in May.

Argentina
Consumer Price Index
Jun. 2024: 271.5% y/y
Argentina's statistics office’s national consumer price index increased 4.6% m/m in June after 4.2% in the previous month and 6% a year earlier.

» VIEW MORE ECONOMIC INDICATORS

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