Today's Economy Economic Roundup: Another Tame Inflation Report U.S. producer prices ticked up 0.1% in May, or 2.6% on a year-ago basis. European Daily Briefing: No Surprises From Today's CPI Data CPI growth varied but is converging to target; downtrodden April data from the U.K. Economic Roundup: Mild in May The 0.1% rise in the headline figure aligned with the Moody’s Analytics forecast but was weaker than consensus expectations of a 0.2% rise. European Daily Briefing: Slowing Wages, Summer Travel Still On Negotiated wage growth to ease; foreign plans to travel ease but remain strong. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Risk Matrix: Flagging Foreign Investment China Chartbook: Stuck in First Gear London trade talks offer some relief. U.S. Household Debt Tracker: Getting Stressed The delinquency rate on first mortgages jumped 15 basis points in May to 2.13%, the highest since September 2018. Could U.S. Consumers Weather a Storm? Maybe, kinda, sorta, a little better than some past storms. » VIEW MORE COMMENTARY
Today's Economic Indicators
Netherlands Consumer Price Index May. 2025: 3.3% y/y Dutch headline inflation fell to 3.3% y/y in May from 4.1% in April, marking the lowest rate since January. United Kingdom Monthly GDP Apr. 2025: -0.3% m/m The 0.3% month-on-month fall in U.K. Ireland Consumer Price Index May. 2025: 1.7% y/y Inflation in Ireland dropped back to 1.7% in May, as transport prices weighed more heavily on the headline rate, and mortgage interest costs are no longer adding to price pressures. Meanwhile, utilities and local charges rose, up 1.2% y/y. India Consumer Price Index May. 2025: 2.82% y/y In May, India’s consumer price index grew 2.8% year over year, down significantly from 3.2% in the prior month. Portugal Consumer Price Index May. 2025: 2.3% y/y Portugal’s headline inflation rate rose slightly in May to 2.3%, from 2.1% in April. Brazil Retail Sales Index Apr. 2025: 4.8% y/y Household consumption reported an annual rebound in April after a contraction in the previous month. World Moody's Analytics Global CPI May. 2025: 3.7% y/y Moody’s estimate of global consumer price inflation was 3.7% y/y in May, unchanged from April. United States Jobless Claims June 07: 248,000 U.S. initial claims for unemployment insurance remain elevated. United States Producer Price Index May. 2025: 0.1% m/m In May, the U.S. producer price index ticked up 0.1%. United States Quarterly Services Survey 2025Q1: 1.0% q/q In the first quarter, revenue growth in U.S. service industries held steady. United States State and Local Government Tax Revenue 2025Q1: 5.8% y/y State tax revenues have started the year strongly. United States St. Louis Fed Financial Stress Index June 06: -0.81 Financial market stress decreased last week. United States Natural Gas Storage Report June 06: 109 bil cubic feet Last week’s increase in natural gas stocks was not too far from analyst predictions, so this report will not move prices much. United States Financial Accounts - Households 2025Q1: $169.31 tril Household wealth fell for the first time in a year and a half in the first quarter as equity prices fell, undermining the value of financial assets. United States Financial Accounts - Nonfinancial Corporate 2025Q1: $33.65 tril Nonfinancial corporations' wealth rebounded to start the year. Canada RPS House Price Index May. 2025: 1.8% y/y The Canadian housing market slowed in May, with tariff uncertainty—rather than high interest rates—now largely responsible for keeping buyers on the sidelines. Uruguay Industrial Production Apr. 2025: 7.2 % y/y Industrial production in Uruguay recorded another impressive year-on-year increase of 7.2% in April, following a 16.2% rise in March. Argentina Consumer Price Index May. 2025: 43.5% y/y The national consumer price index increased 1.5% month on month in May, following a 2.8% rise the previous month and a 4.2% increase a year earlier. Uruguay GDP 2025Q1: 3.4% y/y The Uruguayan economy began the year on a strong note, experiencing a growth rate of 3.4% in the first quarter. » VIEW MORE ECONOMIC INDICATORS |