Today's Economy Economic Roundup: Initial Claims Flatten Claims may be signaling that worker confidence has peaked and job growth is slowing. Europe Daily Briefing: Euro Zone Production Slows Down Boris Johnson has taken an early lead in the U.K. leadership race. Asia-Pacific Daily Briefing: China's Unimpressive May Credit Data Australia's labour market tightening is starting to slow. Lower Interest Rates Aim to End 2019-to-Date’s Business Slowdown Year-over-year retail sales growth slowed from 4.8% in 2018 to 3% in 2019. » VIEW MORE TODAY'S ECONOMY
Commentary Chile Reverses on Monetary Normalization The policy rate was cut based on a new estimation of the output gap. Puerto Rico Since the Hurricane Federal relief can matter a lot in disaster-stricken regional economies. Global Outlook: Feeling the Weight Expansion is slowing amid rising downside risks. U.S. Chartbook: Feeling Some Jitters The labor market is in good shape, but manufacturing is on edge. » VIEW MORE COMMENTARY
Today's Economic Indicators
World Moody's Analytics Global CPI May. 2019: 0.3% Increases in our estimated global consumer price index have been fairly stable over the past few months, but the index could be choppier over the next few months because of the recent volatility in global oil prices. Germany Consumer Price Index May. 2019: 1.6% Germany's national measure of inflation retreated in May to 1.6% y/y, seasonally adjusted, from 1.8% in April. Euro Zone Industrial Production Apr. 2019: -0.5% Euro zone industrial production fell by 0.5% m/m in April, compounding March’s 0.4% slide and February’s broad stagnation. United States Jobless Claims June 08: 222,000 Jobless claims are inching higher, but they still remain very low, a sign that the labor market is in good shape. Canada New Housing Price Index Apr. 2019: 0.1% The Canadian market for new houses is stuck in the mud. United States Import and Export Prices May. 2019: -0.3% Import prices are not generating a ton of upward pressure on core U.S. consumer prices. United States St. Louis Fed Financial Stress Index June 07: -1.19 The St. United States Natural Gas Storage Report June 07: 102 bil cubic feet U.S. natural gas inventories rose by less than analysts had predicted, which will put modest upward pressure on gas prices. Argentina Consumer Price Index May. 2019: 57.3% The Argentine statistics office’s national consumer price index increased 3.1% in May, down from 3.4% in the previous month but up from 2.1% a year earlier. China Fixed Asset Investment May. 2019: China Industrial Production May. 2019: China Retail Sales May. 2019: » VIEW MORE ECONOMIC INDICATORS |