Economy.com: Daily Update
| Today's Economy
Economic Roundup: Business Sentiment Stuck in Neutral Inflation and the Federal Reserve will be in focus this week. LatAm Daily Briefing: High Copper Prices a Temporary Leg Up for Chile, Peru The economic boost won’t last as prices descend. Inside Economics Podcast: Episode 167—Making Sense of the Jobs # Mark Zandi says the Fed needs to cut interest rates soon. Europe Daily Briefing: Provisional Election Results The two largest parties maintained their positions in the European Parliament, but there were consequences at the national level for some countries. » VIEW MORE TODAY'S ECONOMY
Commentary
Macron Calls for Snap French Elections The president has challenged voters to test the sincerity of their support for the far right in European elections. U.S Jobs Report Cont'd: Bulwark Despite pervasive gloom, the labor market keeps the U.S. economic expansion rolling along. U.S. Weekly Highlights and Preview, June 7, 2024 May’s CPI should show some easing. Canada Outlook: First-Mover Advantage The Bank of Canada’s pivot ahead of other G-7 central banks will help jump-start growth later this year. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Industrial Production
Apr. 2024: 6.1% y/y
Malaysia’s industrial production index rose 6.1% year over year in April, within expectations. Italy
Industrial Production
Apr. 2024: -1.0% m/m
Italy's industrial production fell by 1% month over month in April, significantly worse than our forecast of a flat reading. Norway
Consumer Price Index
May. 2024: 3% y/y
Norway’s CPI inflation rate declined to 3% year over year in May from 3.6% April. Denmark
Consumer Price Index
May. 2024: 2.2% y/y
The Danish headline consumer price index rose by 2.2% year over year in May, accelerating from the 0.8% reading in April. Prices for energy and housing jumped 3.8% y/y in May, after falling by 0.4% y/y in April. World
Moody's Analytics Survey of Business Confidence
June 07: 15.4
Global business sentiment has much improved since the start of the year, with respondents’ broad assessment of current business conditions and expectations through the end of the year turning decidedly positive. Canada
RPS House Price Index
May. 2024: 2.6% y/y
» VIEW MORE ECONOMIC INDICATORS |
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