| Today's Economy
Canada Weekly: Not in the Clear Slower growth in the U.S. and elsewhere could exacerbate Canada's problems. When to Worry About the Message From the U.S. Labor Market If employment falls, chances are good we are in a recession. Now Under Review: The Fed's Policy Framework Our takeaway from the central bank's conference is that it will adopt average inflation targeting next year. Europe Daily Briefing: A Ghastly April for Euro Zone Factories Flagging demand from the U.K. and trade war jitters were largely to blame. » VIEW MORE TODAY'S ECONOMY
Commentary
Australia Outlook: A Little Less Lucky The economy is in the midst of its weakest expansion in a decade. Europe Weekly Highlights and Preview, 7 June, 2019 The U.K.’s monthly GDP growth for April will be in the spotlight next week. Latin America Economic Preview: 10-14 June Industrial production likely contracted in Colombia and Mexico. Asia-Pacific Weekly Highlights and Preview, 7 June, 2019 China’s May data dump will likely show improvement from pronounced pockets of weakness in April. » VIEW MORE COMMENTARY
Today's Economic Indicators
France
Industrial Production
Apr. 2019: 0.4%
France’s industrial production rose by 0.4% m/m in April, only partially reversing the 1.1% fall in March. Italy
Retail Sales
Apr. 2019: 0%
In April, Italian retail trade remained stable compared to March both in value and volume terms. Brazil
Consumer Price Index
May. 2019: 4.66%
Brazil’s inflation started to trend down in May as prices increased more consistently. Germany
Industrial Production
Apr. 2019: -1.9%
German industrial production contracted sharply in April, by 1.9% m/m, reversing its recent upward trend. Chile
Consumer Price Index
May. 2019: 2.34%
Chile’s inflation remains below the 3% target but is trending up. Canada
Industrial Capacity Utilization
2019Q1: 80.9%
Industrial capacity utilization fell for the third straight quarter. Canada
Labor Force Survey
May. 2019: 5.4%
The labor market continued to improve in April. United States
Employment Situation
May. 2019: 75,000
Payroll gains fell well below expectations in May, increasing by only 75,000. Chile
Foreign Trade
May. 2019: US$370.8 mil
Chile’s trade surplus narrowed in May. Mexico
Consumer Price Index
May. 2019: 4.28%
Mexico’s inflation stayed above the 4% upper limit in May, despite the reduction in electricity prices. United States
Wholesale Trade (MWTR)
Apr. 2019: 0.8%
Stockpile growth shifted into higher gear in April. United States
Consumer Credit (G19)
Apr. 2019: $17.5 bil
Headline consumer credit growth regained momentum in April. April’s gain—an impressive $17.5 billion—easily beat the consensus projection of a $12-billion build. Chile
Monetary Policy
Jun. 2019:
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