| Today's Economy
Economic Roundup: Rising Risk of a Second Wave COVID-19 cases have been picking up globally and in the U.S. since late May. Canada Weekly: What's Moving the Labor Market? An accelerated reopening may seem appealing, but the provinces should keep an eye on their neighbors to the south. Europe Daily Briefing: U.K. GDP Back to Mid-2002 Levels The rebound won’t be as quick as the decline. Geopolitical Risk Calendar: U.S. Recession Is Over The outlook is fraught with risk, as COVID-19 cases in the country are rising. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 12 June, 2020 There is little to dissuade the BoE from taking action at its upcoming meeting. U.S. COVID-19 Tracker Update: Seeds of Hope The reopening of many U.S. state economies has led to a gradual economic pickup. Latin America Weekly Highlights and Preview: 12 June, 2020 The jobs report will show further disruption in the Lima labor market. Asia-Pacific Weekly Highlights and Preview: 12 June, 2020 New Zealand can't escape the economic consequences of COVID-19. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Consumer Price Index
May. 2020: 0.4%
France's EU-harmonized inflation rate held steady at 0.4% y/y in May. Spain
Consumer Price Index
May. 2020: -0.9%
Spain’s consumer price index declined 0.9% in May on a year-ago basis. United Kingdom
Monthly GDP
Apr. 2020: -20.4%
The U.K. monthly GDP report confirmed that the COVID-19 crisis brought the economy to its knees. Euro Zone
Industrial Production
Apr. 2020: -17.1%
Euro zone industrial production slumped by 17.1% m/m in April after shedding 11.9% in March, marking the worst result on record. India
Consumer Price Index
May. 2020: -
India once again released only partial CPI figures for May, as virus containment measures prevented the collection of the normal sample size. India
Industrial Production
Apr. 2020: -55.5%
India’s industrial production came in below market expectations, falling by 55.5% y/y in April, as virus containment measures led to the shutdown of large swaths of the national economy. Canada
Industrial Capacity Utilization
2020Q1: 79.8%
Canadian industrial capacity extended its slowdown in the first quarter. Canada
New Motor Vehicle Sales
Apr. 2020: -74.6%
In year ago terms, total new-vehicle sales contracted by 48.5% in March, coming in at 96,147 units sold. United States
Import and Export Prices
May. 2020: 1%
Higher fuel prices are lifting U.S. import prices. Peru
Monetary Policy
Jun. 2020: 0.25%
The Central Reserve Bank of Peru kept the policy rate unchanged at 0.25% in its June meeting, noting a sharp deterioration in economic conditions in the wake of the national quarantine as well as a broad decline in inflation expectations. United States
University of Michigan Consumer Sentiment Survey
Jun. 2020: 78.9
Consumer sentiment continues to move higher but remains at a recessionary level. Colombia
Industrial Production
Apr. 2020: -35.8%
Colombia's manufacturing output sank 35.8% y/y in April, after -8.7% in the previous month. United States
CreditForecast.com Household Credit Report
May. 2020: 4.53%
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