| Today's Economy
Economic Roundup: Oil Remains Top of Mind Oil prices continue to rise as U.S. announces ban on Russian energy imports. LatAm Daily Briefing: Oil Prices Boost Colombian Peso The economy benefits from a windfall, but it may not last long. Inside Economics Podcast: Episode 48—Wawa and Women in the Workforce Our participants discuss the scary implications of rising oil prices amid the Russia-Ukraine military conflict. Russia-Ukraine Military Conflict Hits Vegetable Oil Together, the two countries produce most of the world's sunflower oil. » VIEW MORE TODAY'S ECONOMY
Commentary
Global Vaccine Tracker: Addressing Vaccine Inequities Asia continues to battle Omicron, which is sweeping across the continent. U.S. COVID-19 Tracker Update: Mixed Signals After consecutive weeks of strong growth for the U.S. Back-to-Normal Index, the latest reading showed a move in the opposite direction. U.S. Weekly Highlights and Preview, March 7, 2022 Despite labor-supply challenges, Moody’s Analytics expects job gains to easily top 4 million this year. U.S. Chartbook: Job Growth Resists Rising Cost Pressures A strong employment report headlined last week's new economic data. » VIEW MORE COMMENTARY
Today's Economic Indicators
Taiwan (China)
Consumer Price Index
Feb. 2022: 2.4% y/y
Taiwan’s headline consumer price index rose 2.4% over the year in February, as inflation pressures rose within the food and fuel categories. Taiwan (China)
Foreign Trade
Feb. 2022: US$5.8 bil
Taiwan's trade surplus increased 31.7% over the year to hit US$5.8 billion in February. Spain
Industrial Production
Jan. 2022: -0.1% m/m
Spain’s industrial production decreased by 0.1% m/m in January in seasonally and calendar-adjusted terms. Italy
Retail Sales
Jan. 2022: -0.5% m/m
Italy’s retail sales fell by 0.5% m/m in January, after increasing in December, as nonfood spending declined for the third month in a row. Euro Zone
GDP
2021Q4: 0.3% q/q
Final estimates confirmed that the euro zone’s GDP grew by 0.3% q/q in the fourth quarter of 2021. Germany
Industrial Production
Jan. 2022: 2.7% m/m
Germany's industrial sector rushed forward in January as the economy’s industrial production index jumped by 2.7% m/m. Chile
Consumer Price Index
Feb. 2022: 7.8% y/y
Chile’s annual inflation climbed higher in February even though monthly increases moderated. Ireland
Industrial Production
Jan. 2022: -3.1% m/m
Irish industrial production dropped by 3.1% m/m in January after increasing 6.1% m/m in December. United States
NFIB Small Business Survey
Feb. 2022: 95.7
The NFIB Small Business Optimism Index fell from 97.1 in January to 95.7 in February. United States
International Trade (FT900)
Jan. 2022: -$89.7 bil
The U.S. nominal trade deficit widened more than anticipated in January, and that could ding our tracking estimate of first-quarter GDP growth. Canada
International Merchandise Trade
Jan. 2022: C$ 2.6 bil
In January, Canada's merchandise imports decreased by 7.4% with nearly all product sections in decline. United States
Wholesale Trade (MWTR)
Jan. 2022: 0.8% m/m
Wholesale inventories expanded 0.8% in January, following an upwardly revised 2.6% gain (previously 2.2%) in December. United States
Moody’s Analytics Policy Uncertainty Index
March 04:
Japan
GDP
2021Q4:
Philippines
Industrial Production
Jan. 2022:
China
Consumer Price Index
Feb. 2022:
China
Producer Price Index
Feb. 2022:
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