Today's Economy LatAm Daily Briefing: General Disinflation, Food Inflation in Chile Purchases of staples increased in anticipation of pandemic-related shortages. Webinar Replay: Handicapping the Paths for the Pandemic Economy There are reasons to be cautious about the strength of an economic recovery. NBER Makes It Official, Says Recession Began in February This will likely be the deepest and shortest recession on record. Europe Daily Briefing: SOS for Germany's Factories The country's GDP will take some years to be what it was before the pandemic. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Weekly Highlights and Preview, June 8, 2020 The recovery from the shock associated with COVID-19 will be a long, painful slog. U.S. Macro Outlook: The Recession Is Over Congress and the administration should come to terms and pass a fiscal rescue package before legislators leaves for their August recess. Peru Outlook: Trying Times The coronavirus’ rapid spread steepens the road to recovery. This Week in the COVID Crisis Investor optimism notwithstanding, the script on the pandemic, the economy and the stock market is still being written. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany Industrial Production Apr. 2020: -17.9% Headline calendar and seasonally adjusted industrial production fell in April by 17.9% m/m, adding to the upwardly revised 8.9% decrease in March. Colombia Consumer Price Index May. 2020: 2.9% Colombia’s annual inflation rate decelerated sharply in May amid lower energy prices and weak domestic demand. Canada Housing Starts May. 2020: 193 ths Residential construction in Canada wasn’t immune from the impact of COVID-19. Canada Building Permits Apr. 2020: -17.1% Chile Foreign Trade May. 2020: US$1,402.6 mil Chile’s foreign trade balance remained in surplus during May, once again on the back of falling imports as the COVID-19 outbreak spread through the country, lowering demand for imported goods. World Moody's Analytics Survey of Business Confidence June 05: -15.7 Global business sentiment remains weak, but it showed its first concrete improvement last week since the COVID-19 crisis began in March. » VIEW MORE ECONOMIC INDICATORS |