| Today's Economy
Tracking Begins on Q1 U.S. GDP The economy faces a number of hurdles, and growth likely will disappoint. Europe Daily Briefing: A Dovish Rise in Euro Zone CPI Core inflation edged down yet again in February. Asia-Pacific Daily Briefing: Dimming Export Picture South Korea's exports slumped to a three-year low in February. No Progress and No Bravado at North Korea Summit The North Korean regime isn't infinitely adaptable and the sanctions are clearly having an impact. » VIEW MORE TODAY'S ECONOMY
Commentary
Tariffs Tracker: Delay, Then a Deal? Trump has said a U.S.-China trade agreement would eventually conclude in a Florida summit with Xi Jinping. Europe Weekly Highlights and Preview, 1 March, 2019 The ECB may revise down its GDP and inflation forecasts. Macro Roundup: Japan Never Quite Gets There Wages haven't improved with vigour, and downside risks loom large. Road to Recession: There's Life in the Expansion The economy will hit some bumps this year, but worries about a contraction are premature. » VIEW MORE COMMENTARY
Today's Economic Indicators
Japan
Consumer Confidence
Feb. 2019:
Germany
Retail Sales
Jan. 2019: 3.3%
German retail sales recovered strongly at the start of this year, rising by 3.3% m/m in January after falling by 3.1% in December. Germany
Unemployment
Feb. 2019: 5.0%
Germany’s seasonally adjusted unemployment rate remained at the record low of 5% for the fourth consecutive month in February. Italy
Unemployment
Jan. 2019: 10.5%
Italy’s unemployment rate ticked up as expected in January, rising to 10.5% from 10.4% in December. Euro Zone
Preliminary Consumer Price Index
Feb. 2019: 1.5%
Preliminary numbers showed that euro zone inflation rose to 1.5% in February from 1.4% in January, in line with the consensus. Euro Zone
Unemployment
Jan. 2019: 7.8%
The euro zone’s jobless rate held steady at a downwardly revised 7.8% in January, its lowest since October 2008. Peru
Consumer Price Index
Feb. 2019: 2.0%
The consumer price index for the Lima metropolitan area rose 2% in February on a year-ago basis, just at the midrange of the central bank’s 1%-to-3% target. United States
Personal Income
Jan. 2019: -0.1%
Income growth remains strong. United States
PCE Deflator
Dec. 2018: 0.1%
U.S. inflation continues to flirt with the Federal Reserve’s 2% objective, but this isn’t sufficient to quiet the central bank’s dovish tone. United States
Personal Spending
Dec. 2018: -0.6%
Real consumer spending fell sharply in December, consistent with the plunge in retail sales. Canada
GDP
2018Q4: 0.4%
GDP growth slowed dramatically in the fourth quarter as investment spending plunged. Canada
Industry Output
Dec. 2018: -0.1%
Canadian GDP took another small step back in December. United States
ISM Manufacturing Index
Feb. 2019: 54.2
U.S. manufacturing conditions softened in February, as the ISM manufacturing index dropped from 56.6 in January to 54.2 in February. United States
Vehicle Sales - AutoData
Feb. 2019:
United States
University of Michigan Consumer Sentiment Survey
Feb. 2019: 93.8
Consumer sentiment recovered somewhat in February, but it remains soft following the federal government shutdown. Brazil
Foreign Trade
Feb. 2019: US$3.67 bil
Brazil’s trade surplus rose to $3.7 billion in February, an increase of $1.5 billion from the January balance of $2.2 billion. Uruguay
Consumer Price Index
Feb. 2019: 7.5%
Consumer prices in Uruguay rose 7.5% in February on a year-ago basis, a slight acceleration from the January print of 7.4%. » VIEW MORE ECONOMIC INDICATORS | 
