Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, June 14, 2019

Today's Economy


Economic Roundup: Good News for the Economy, Bad News for Trade Talks

May data reports for the U.S. and China were positive, but that may complicate negotiations.

Q2 U.S. GDP Looks Better, for Now

The economy was gathering momentum before the trade tensions escalated.

Europe Daily Briefing: Warmer Weather, Cooler Prices

France and Italy joined the list of countries with weakened inflation.

Peru’s Central Bank Sticks to Playbook

Directors voted to keep rates on hold, despite soft economic data.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 14 June, 2019

The U.K. will hold the next round of voting for leadership of the Conservative Party, with repercussions for Brexit.

Latin America Economic Preview: 17-21 June

Argentina continued to sink in the first quarter amid high unemployment.

New Zealand Outlook: Losing Speed

The RBNZ has stepped up support and will deliver further reductions in 2019.

Chile Reverses on Monetary Normalization

The policy rate was cut based on a new estimation of the output gap.

» VIEW MORE COMMENTARY



Today's Economic Indicators


World
Moody's Analytics Global GDP
2019Q1:

Japan
Industrial Production
Apr. 2019:

Canada
RPS House Price Index
May. 2019:

France
Consumer Price Index
May. 2019: 1.1%
France's EU-harmonized inflation rate dipped further to 1.1% y/y in May after hitting 1.5% during April.

China
Fixed Asset Investment
May. 2019: 5.6%
Fixed asset investment growth in China slowed to 5.6% y/y year to date in May, down from 6.1% in April and 6.3% in March.

China
Industrial Production
May. 2019: 5%
China's industrial production growth slowed to 5% y/y in May, down from the 5.4% gain in April and the weakest reading since 2002.

China
Retail Sales
May. 2019: 8.6%
China's retail trade surprised on the upside in May, despite disappointing investment and industrial production results, rising by 8.6% y/y following the 7.2% gain in April.

Italy
Consumer Price Index
May. 2019: 0.9%
Italy’s harmonized index of consumer prices rose 0.1% m/m and 0.9% y/y in May following a 1.1% y/y increase in April.

Russian Federation
Monetary Policy
Jun. 2019: 7.5%
Russia's central bank cut the key interest rate by 25 basis points to 7.5% at its June meeting.

Peru
Monetary Policy
Jun. 2019: 2.75%
Policymakers stuck to their playbook in the June meeting of the central bank’s rate-setting committee, leaving the key reference rate unchanged at 2.75%.

United States
Retail Sales
May. 2019: 0.5%
U.S. retail sales were stronger than expected in the May report—not in terms of the 0.5% growth reported, but in terms of the large upward revision to April growth.

Canada
New Motor Vehicle Sales
Apr. 2019: -5.3%
The recovery of new motor vehicle sales suffered a setback in April.

Peru
Unemployment
May. 2019:

United States
Industrial Production
May. 2019: 0.4%
Industrial production rose 0.4% in May, its second increase in the last three months.

United States
Business Inventories (MTIS)
Apr. 2019: 0.5%
Inventories expanded in April by 0.5% in line with consensus expectations.

United States
University of Michigan Consumer Sentiment Survey
Jun. 2019: 97.9
Consumer sentiment lost ground in June but did not fully set back its May increase, according to the University of Michigan Consumer Sentiment Survey.

Colombia
Industrial Production
Apr. 2019: -1.3%
Manufacturing output contracted 1.3% y/y in April after expanding 3.2% in the previous month.

» VIEW MORE ECONOMIC INDICATORS

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