| Today's Economy
Economic Roundup: Better Business Sentiment Business sentiment is on the upswing, though many businesses feel neutral about present conditions. U.S. High-Frequency GDP Update: Downshift Our latest model run puts second-quarter GDP growth at 1% annualized. Asia-Pacific Daily Briefing: Japanese Earnings Data Fail to Impress Cash earnings growth picked up in May, but real wages were still down from a year earlier. Europe Daily Briefing: High Costs on the High Seas Freighters are forced to divert even further from the danger zone, causing shipping rates to rise. » VIEW MORE TODAY'S ECONOMY
Commentary
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. France Shifts to the Left, Risks Policy Paralysis While a surge in support for the left-wing New Popular Front coalition foiled Marine Le Pen’s far-right National Rally party, French politics is now more disordered than it was before the vote. Asia-Pacific Outlook: Divergent Paths India will lead the pack, while Japan will limp into 2025. Asia-Pacific Weekly Highlights and Preview, 5 July, 2024 Singapore's Q2 GDP results will be a barometer for trade over the quarter. » VIEW MORE COMMENTARY
Today's Economic Indicators
Chile
Consumer Price Index
Jun. 2024: 4.19% y/y
Chile’s inflation remained above the 4% target’s upper limit in June, affected by the annual base effect, even though price increases remained subdued in the month. Chile
Foreign Trade
Jun. 2024: US$1,990 mil
Chile recorded another hefty trade surplus in June as high copper prices bolstered mining exports and imports fell on account of reduced imports of petroleum and petrochemicals. World
Moody's Analytics Survey of Business Confidence
July 05: 22.0
Response rates to the global business sentiment survey were low this week because of the holidays. United States
Consumer Credit (G19)
May. 2024: $11.3 bil
The stock of consumer credit outstanding expanded by $11.3 billion in May, exceeding consensus expectations for a $10 billion addition. Colombia
Consumer Price Index
Jun. 2024:
Philippines
Industrial Production
May. 2024:
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