Wednesday, June 19, 2024 Today's Economy Europe Daily Briefing: U.K. Inflation Hits Target An August cut still looks plausible, but the BoE might hold off until September or November. Asia-Pacific Daily Briefing: Japanese Exports Are Struggling A slow recovery is on the cards. Happy Holiday Our U.S. offices will be closed Wednesday for Juneteenth. Economic Roundup: Big Day for Data A flurry of economic data in the U.S. will contribute positively to growth in the second quarter. » VIEW MORE TODAY'S ECONOMY Commentary China’s Long-Running African Trade Paying Dividends Africa will be a growth market for Chinese industry for years to come. Global Outlook: Tick Tock A gradual and delayed monetary easing cycle will continue to cap global demand into 2025. Euro Zone Risk Matrix: Trade Tensions Back in View China may retaliate with tariffs of its own. U.S. Risk Matrix: Isolationism and Its Costs Increased tensions between the U.S. and China, through tariffs and financial sanctions, will boost prices. » VIEW MORE COMMENTARY Today's Economic Indicators Indonesia Foreign Trade May. 2024: US$2.9 bil Indonesia's trade surplus for May was $2.9 billion, coming close to our forecast of $3 billion. United Kingdom Consumer Price Index May. 2024: 2.0% y/y In May, consumer price inflation was 2% year over year, down from 2.3% in April. United States MBA Mortgage Applications Survey June 14: 0.9% Mortgage activity in the U.S. inched forward in week ended June 14. Argentina Retail Sales Index Apr. 2024: 161.0% y/y Brazil Monetary Policy Jun. 2024: New Zealand GDP 2024Q1: China Monetary Policy Jun. 2024: » VIEW MORE ECONOMIC INDICATORS NOT A SUBSCRIBER? Enjoy real-time coverage of the world's economies. » Tour Economy.com FREE 14-DAY TRIAL SURVEY OF BUSINESS CONFIDENCE Be A Part Of The Results Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence. » Learn More TAKE THE SURVEY Contact Us Visit us online, email helpeconomy@moodys.com, or use one of the numbers below: Americas +1.866.275.3266 Europe +44.20.7772.5454 Asia/Pacific +852.3551.3077 All Others +1.610.235.5299 For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com. You are receiving this email as a subscriber to Economy.com. If you wish to unsubscribe from the Economic Roundup, please click here. This email was sent by Moody's Analytics 211 South Gulph Road, Suite 125 King of Prussia United States

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