Economy.com: Daily Update
Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Wednesday, May 11, 2022

Today's Economy


LatAm Daily Briefing: Colombia, In Search of a President

Gustavo Petro will likely win first-round voting, but with two strong challengers, his path to the presidency isn’t assured in round two.

Europe Daily Briefing: July End to QE Looks Likely

ECB President Lagarde said a rate hike could come within weeks after net asset purchases end.

Asia-Pacific Daily Briefing: Bank Negara Malaysia Surprises With a Rate Hike

Rising inflation pressures are a key reason for the increase.

Economic Roundup: Dropping Fiscal Reconciliation Package From U.S. Baseline

The hit to growth this year is small, but tighter financial market conditions are a bigger issue.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Regional Recession Odds on the Rise

As late-cycle dynamics take hold, the Sun Belt and South flash some warning signs.

U.K. Mortgage Payment Affordability

The squeeze on incomes is a bigger risk to affordability than higher rates.

Canada Housing Market: Prices Will Moderate as Demand Pulls Back

Higher rates and the significant deterioration in housing affordability will reduce the number of potential new buyers.

Global Vaccine Tracker: China's COVID-19 Fight

The economic impact of Shanghai’s lockdown is extreme.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Germany
Consumer Price Index
Apr. 2022: 7.4% y/y
Germany’s consumer price index increased by 7.4% y/y in April, the sharpest year-over-year increase since reunification.

Malaysia
Monetary policy
May. 2022: 2%
In a surprise rate hike, Bank Negara Malaysia raised the overnight policy rate by 25 basis points to 2% from 1.75%.

Austria
Industrial Production
Mar. 2022: -1.1% m/m
After improvements in January and February, industrial production slid 1.1% m/m in March, correcting from an all-time high.

Portugal
Consumer Price Index
Apr. 2022: 7.2%
Portugal’s CPI rose to 7.2% year over year in April, up from 5.4% in March.

Portugal
Unemployment rate
2022Q1: 5.9%
Portugal’s headline unemployment rate decreased to 5.9% in the first quarter, down 0.4 percentage point from the previous period and one of the lowest values in the last decade.

United States
MBA Mortgage Applications Survey
May 06: 2%
Mortgage application volume expanded for consecutive weeks but remains at its lowest level since late 2018.

Brazil
Consumer Price Index
Apr. 2022: 12.13% y/y
Brazil’s inflation gained strength in April as price realignments accelerated.

United States
Consumer Price Index
Apr. 2022: 0.3% m/m
The Federal Reserve is not going to abandon its plan to aggressively remove monetary policy accommodation even if inflation has peaked.

United States
Moody's Analytics Inflation Expectations Pulse
May 08: 2.38%
Inflation expectations showed little change in the week ended May 8, according to the Moody’s Analytics Inflation Expectations Pulse.

United States
Oil Inventories
May 06: 424.2 mil barrels
An unexpected build in oil inventories last week should weigh on high oil prices somewhat.

Canada
RPS House Price Index
Apr. 2022: 15.6% y/y

United States
Treasury Budget
Apr. 2022: $308.2 bil
Tax day has come and gone, and a surge in tax revenue, fueled by strong income growth and capital gains, has produced the largest surplus on record for the month of April.

Philippines
GDP
2022Q1:

» VIEW MORE ECONOMIC INDICATORS

NOT A SUBSCRIBER?

Enjoy real-time coverage of the world's economies.

» Tour Economy.com

FREE 14-DAY TRIAL

SURVEY OF BUSINESS CONFIDENCE


Be A Part Of The Results

Help shape the outcome of the Survey of Business Confidence and gain exclusive insight to shifts in global business confidence.

» Learn More

TAKE THE SURVEY

Contact Us

Visit us online, email help@economy.com, or use one of the numbers below:


Americas
+1.866.275.3266


Europe
+44.20.7772.5454


Asia/Pacific
+852.3551.3077


All Others
+1.610.235.5299



For information on how Moody's Analytics processes and protects personal data, please see the Privacy Policy available at www.moodys.com.

You are receiving this email as a subscriber to Economy.com.
If you wish to unsubscribe from the Economic Roundup, please click here.


This email was sent by Moody's Analytics
121 North Walnut Street, Suite 500s
United States

-----------------------------------------
Moody's monitors email communications through its networks for regulatory compliance purposes and to protect its customers, employees and business and where allowed to do so by applicable law. The information contained in this e-mail message, and any attachment thereto, is confidential and may not be disclosed without our express permission. If you are not the intended recipient or an employee or agent responsible for delivering this message to the intended recipient, you are hereby notified that you have received this message in error and that any review, dissemination, distribution or copying of this message, or any attachment thereto, in whole or in part, is strictly prohibited. If you have received this message in error, please immediately notify us by telephone, fax or e-mail and delete the message and all of its attachments. Every effort is made to keep our network free from viruses. You should, however, review this e-mail message, as well as any attachment thereto, for viruses. We take no responsibility and have no liability for any computer virus which may be transferred via this e-mail message.
-----------------------------------------

g:A29565A28779488994A5538E4F8B5450 d:83B35C1143ED448FACB719A34912F0FA