| Today's Economy
Canada Weekly: Rate Cuts Are Inbound A dive into the factors that informed the BoC's rate hold decision and what comes next. Economic Roundup: Signs of Slowing The U.S. labor market is clearly softening even as the unemployment rate holds steady. Geopolitical Tracker: GOP Reconciliation Bill Faces an Uphill Battle The "one big, beautiful bill" will widen the budget deficit even while cutting spending on some means-tested programs. Europe Daily Briefing: Q1 GDP Revised Ireland drives eye-catching Q1 revision. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, June 6, 2025 Our expectation is that prices ticked up a touch slower in May than April’s 0.2% increase. U.S. Jobs Report Cont’d: May Not Last A solid top-line number and steady unemployment rate mask underlying softness. Latin America Weekly Highlights and Preview, June 6, 2025 In Mexico, the consumer price index for May is projected to rise to 4.26%. Europe Weekly Highlights and Preview, 6 June 2025 Stockpiling boosts first-quarter figures. » VIEW MORE COMMENTARY
Today's Economic Indicators
India
Monetary Policy
Jun. 2025: 5.50%
The Reserve Bank of India’s Monetary Policy Committee cut its repurchase rate by 50 basis points to 5.5% at its June meeting. Thailand
Consumer Price Index
May. 2025: -0.6% y/y
Thailand's headline CPI fell 0.6% y/y in May, exceeding the 0.2% drop in April. Japan
Consumption Activity Index
Apr. 2025: 0.2% m/m
The Bank of Japan’s real consumption activity index, adjusted for travel, rose by 0.2% month over month in April, a slightly better reading than we had expected. France
Industrial Production
Apr. 2025: -1.4% m/m
France's industrial production declined 1.4% month on month in April, following a downwardly revised 0.1% gain in March. The contraction was mainly driven by a drop in manufacturing output, with a sharp decline in the production of coke and refined petroleum products, machinery and equipment goods, and transport equipment. Germany
Industrial Production
Apr. 2025: -1.4% m/m
The 1.4% drop in German industrial production in April largely reversed March's strong 2.3% gain and supports our view that tariff front-running primarily drove the first quarter's strength rather than a genuine industrial recovery. Austria
GDP
2025Q1: 0.1% q/q
Austrian GDP expanded by 0.1% q/q in the first quarter, following no growth in the fourth. Euro Zone
GDP
2025Q1: 0.6% q/q
The euro zone’s GDP grew 0.6% q/q in the first quarter, according to final estimates. Euro Zone
Retail Sales
Apr. 2025: 0.1% m/m
Euro zone retail sales grew 0.1% in April, following an upwardly revised 0.4% rise in March. Ireland
GDP
2025Q1: 9.7% q/q
Ireland recorded its third consecutive quarter of surging growth in the first three months of 2025, jumping by an astronomical 9.7% quarter on quarter. Russian Federation
Monetary Policy
Jun. 2025:
Chile
Consumer Price Index
May. 2025: 4.44% y/y
Chile’s inflation improved marginally in May as price increases moderated and the base effect played favorably. Canada
Labor Force Survey
May. 2025: 7.0%
Total employment was little changed in May, reflecting the crosswinds buffeting the economy. United States
Employment Situation
May. 2025: 139,000 m/m
The labor market is clearly softening. United States
Consumer Credit (G19)
Apr. 2025: $17.9 bil
U.S. consumer credit outstanding increased $17.9 billion in April, besting expectations for a $10 billion gain. United States
Semiconductor Billings
Apr. 2025:
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