Today's Economy LatAm Daily Briefing: LatAm Inflation Outlook Worsens As the Ukrainian invasion hikes commodity prices, the region will face higher inflation. Could U.S. Q1 GDP Lay a Goose Egg? New data cut our tracking estimate from 0.7% to 0.5%. Capital Market View: Geopolitical Risk Can Rattle Bond Markets We ran a vector autoregression model to determine the extent to which events sway markets. U.S. Consumers See Inflation, Expect Inflation Gasoline prices will boost inflation expectations. » VIEW MORE TODAY'S ECONOMY
Commentary Global Vaccine Tracker: Progress Continues As output and employment recover, efforts are underway to broaden regional vaccine rollouts. U.S. Chartbook: Risks Abound Uncertainties and inflation are keeping consumers depressed. Caught Between a Dam and a Warming Climate Egypt’s long-term potential is threatened by its historical reliance on the Nile. U.S. Weekly Highlights and Preview, February 28, 2022 We see February employment down from January's gain. » VIEW MORE COMMENTARY
Today's Economic Indicators
United States CoreLogic Home Price Index Jan. 2022: 19.1% y/y The CoreLogic Home Price Index increased 19.1% year over year in January, up from the 18.5% rate before revisions in December, and once again registered its quickest pace in 45 years. Ireland Unemployment rate Oct. 2021: 4.9% Portugal GDP 2021Q4: 5.8% During the fourth quarter, Portugal's GDP accelerated to 5.8% y/y after surging by 4.4% y/y in the third quarter. Chile Monthly Economic Activity Indicator Jan. 2022: 9.0% y/y Economic activity in Chile posted positive annual growth in January. Canada GDP 2021Q4: 6.7% SAAR Surging investment and rising inventories led to a boom in GDP growth in the final quarter of 2021. Canada Gross Domestic Product by Industry Dec. 2021: 0.0% m/m Canada's real GDP growth was flat in December, marking the first month since May without GDP growth. United States Moody's Analytics Used Vehicle Price Indexes Feb. 2022: 46.3% The Moody’s Analytics Used-Vehicle Price Index increased again in February.
The average price of used vehicles increased 46.3% y/y. United States Construction Spending (C30) Jan. 2022: 1.3% m/m U.S. construction outlays increased 1.3% to begin the new year, far outperforming the consensus estimate of a 0.2% gain. United States ISM Manufacturing Index Feb. 2022: 58.6 U.S. manufacturing conditions improved in February but supply-chain issues remain problematic. United States Moody’s Analytics Policy Uncertainty Index February 25: United States Texas Service Sector Outlook Survey Feb. 2022: 21.9 Texas service sector activity rebounded significantly in February, with the net margin of positive respondents jumping by nearly 20 points. Peru Consumer Price Index Feb. 2022: South Korea Industrial Production Jan. 2022: South Korea Retail Sales Jan. 2022: Australia GDP 2021Q4: » VIEW MORE ECONOMIC INDICATORS |