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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.

Tuesday, July 26, 2022

Today's Economy


LatAm Daily Briefing: Argentina Faces Yet Another Currency Crisis

The new finance minister will be challenged to restore confidence in the peso.

Capital Markets View: Inflation Roils Interest Rate Projections

Altering the inflation outlook has caused significant changes to rate forecasts.

Canada Weekly: Housing Affordability

House price appreciation is easing, but is affordability improving?

Europe Daily Briefing: Gas Prices On the Rise

Gas prices jump with fears of supply disruptions.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Risk Matrix: Watching for Policy Error

Inflation could remain higher for longer, since traditional monetary policy tightening is not equipped to address the supply shocks.

Emerging Market View: Say Goodbye to Low-Inflation Asia

Rising prices will be a bigger and bigger hurdle.

U.S. Employment Outlook: Threading the Needle

We no longer expect unemployment to eclipse pre-pandemic lows.

Greece Outlook: Fair Tides in a Turbulent Sea

Tourism tailwinds, high growth, and record-breaking inflation pave the way for 2023 elections.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Singapore
Industrial Production
Jun. 2022: 2.2% y/y
Singapore’s industrial production for June was up 2.2% y/y, compared with 13.8% growth the previous month.

Finland
Unemployment rate
Jun. 2022: 6.8% y/y
Finland’s not seasonally adjusted unemployment rate dropped to 6.8% in June from 7.6% a year earlier.

United States
Philadelphia Fed Nonmanufacturing Survey
Jul. 2022: 11.7
Nonmanufacturing activity in the Federal Reserve’s Third District moderated in July.

United States
FHFA Purchase-Only House Price Index
May. 2022: 18.3% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index is up 18.3% on a year-ago basis in May.

United States
S&P CoreLogic Case-Shiller® Home Price Indexes
May. 2022: 20.5% y/y
House price appreciation decelerated in May, as measured by the S&P CoreLogic Case-Shiller 20-City Composite Index, snapping its five-month winning streak that started at the end of 2021.

United States
New-Home Sales
Jun. 2022: 590,000 SAAR
The housing market is cooling as declining affordability and higher mortgage rates erode demand.

United States
Richmond Fed Manufacturing Survey
Jul. 2022: 0
Manufacturing activity in the Richmond Federal Reserve District improved in July but remained relatively flat.

United States
Conference Board Consumer Confidence
Jul. 2022: 95.7
U.S. consumer confidence declined in July by about as much as our below-consensus forecast had anticipated.

United States
Moody’s Analytics Policy Uncertainty Index
July 22: 370.5 4-wk MA
The four-week moving average in our U.S.

United States
Texas Service Sector Outlook Survey
Jul. 2022: 9.5
In contrast with manufacturing, Texas services industries overall experienced moderate growth in July.

Argentina
Retail Sales Index
May. 2022: 1,553% y/y
The index that tracks nominal sales at Buenos Aires’ largest shopping centers increased 1,553% y/y in May after 332% in the previous month.

South Korea
Consumer Sentiment Index
Jul. 2022:

Thailand
Industrial Production
Jun. 2022:

Australia
Consumer Price Index
2022Q2:

» VIEW MORE ECONOMIC INDICATORS

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