| Today's Economy
Economic Roundup: U.S. Inflation Moderation The consumer price index rose just 0.2% in February, less than the expected 0.3% increase. Portuguese Government Collapses The development does not significantly alter the economic outlook but adds a layer of uncertainty as political risks increase. House Republicans Pass Bill to Avert Shutdown and Freeze Spending The bill extends funding through September and trims nondefense spending by $13 billion. Europe Daily Briefing: Tariff Countermeasures The European Union will impose retaliatory tariffs on U.S. imports. » VIEW MORE TODAY'S ECONOMY
Commentary
China Revs Up Fiscal Spending Xi’s biggest budget deficit could grow if headwinds strengthen. U.S. Household Debt Tracker: Is It as Bad as It Looks? The federal government has resumed reporting late student loan payers to the credit bureaus. Global Outlook: On Unsteady Ground The world economy looks increasingly fragile, and it would not take much to tip it over. Mexico Outlook: Under the Winds of New Tariffs The economy will suffer a double shock and a mild recession. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Industrial Production
Jan. 2025: 2.1% y/y
Malaysia's industrial production started 2025 on a soft note, growing 2.1% y/y in January. Spain
Retail Sales
Jan. 2025: -1.4% m/m
In January, Spain's retail sales decreased 1.4% compared with the previous month, mostly reversing a 1.5% increase in December. India
Consumer Price Index
Feb. 2025: 3.61% y/y
India’s consumer price index rose 3.6% year over year in February, down significantly from 4.3% the prior month. Portugal
Consumer Price Index
Feb. 2025: 2.4% y/y
Portugal’s headline inflation decreased again in February, falling from 2.5% in January to 2.4%. United States
MBA Mortgage Applications Survey
March 07: 11.2%
Mortgage activity has increased strongly for the second consecutive week as people respond to the gradual decline in mortgage rates. Brazil
Consumer Price Index
Feb. 2025: 5.06% y/y
Brazil’s inflation trended up again in February as consumer prices rebounded strongly propelled by services, particularly housing and education. India
Industrial Production
Jan. 2025: 5.0% y/y
India's industrial production rose 5% over the year in January, marking an improved performance from the 3.2% growth rate reported for December 2024. United States
Consumer Price Index
Feb. 2025: 0.2% m/m
Inflation showed some welcome moderation in February. Canada
Monetary Policy
Mar. 2025: 2.75%
The Bank of Canada lowered its key overnight policy rate as the 2025 outlook darkens. United States
Oil Inventories
March 07: 435.2 mil barrels
Commercial crude oil inventories increased by 1.4 million barrels in the week ended March 7, almost on par with the 1.2 million barrels the consensus forecast. Russian Federation
Consumer Price Index
Feb. 2025: 10.1% y/y
United States
Treasury Budget
Feb. 2025: -$307.0 bil
The U.S. federal government recorded a budget deficit of $307 billion in February, $10.7 billion larger than in the same month last year. » VIEW MORE ECONOMIC INDICATORS | 
