| Today's Economy
Economic Roundup: Jobless Claims Inch Higher While PPI Signals Softer Inflation Initial claims increased but the job market is really tight. Capital Market View: Spreads Are on the Move As spreads widen, issuance has softened. LatAm Daily Briefing: Despite Aggressive Monetary Action, Chile Requires More Restriction The central bank’s monetary policy needs further tweaking to conquer inflation. Global View of Central Bank Tightening The vast majority of policymakers around the world are expected to hike rates sharply. » VIEW MORE TODAY'S ECONOMY
Commentary
Russia-Ukraine Tracker: Ukraine Forces Push Back The country has outlined its conditions for peace talks. U.S. CPI by Demographics: April Update Inflation may have peaked, but this comes as little relief for consumers. New Hong Kong Leader Faces Rough Start Reopening, housing and restructuring are key economic challenges for John Lee. U.S. Regional Recession Odds on the Rise As late-cycle dynamics take hold, the Sun Belt and South flash some warning signs. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Retail Sales
Apr. 2022: -0.5% y/y
Indonesia’s retail real sales index fell 0.5% y/y in April, a reversal from March’s 9.3% increase. United Kingdom
GDP - Quarterly
2022Q1: 0.8% q/q
Preliminary numbers showed U.K. Sweden
Consumer Price Index
Apr. 2022: 6.4% y/y
Sweden’s inflation rate sped up to 6.4% y/y in April from 6% in March. United Kingdom
Monthly GDP
Mar. 2022: -0.1% m/m
U.K. Ireland
Consumer Price Index
Apr. 2022: 7.0% y/y
As expected, the Russian invasion of Ukraine accelerated inflation across Europe and in Ireland. Mexico
Industrial Production
Mar. 2022: 2.6% y/y
Industrial production in Mexico advanced a little further in March, pushing the economy up. The industrial production index reported annual growth of 2.6% in March, after increasing 2.5% in the previous month and advancing 1.4% a year ago. India
Consumer Price Index
Apr. 2022: 7.8% y/y
Once again, India’s CPI jumped, moving from 7% in March to 7.8% in April. India
Industrial Production
Mar. 2022: 1.9% y/y
India's industrial production index inched up to 1.9% y/y in March from 1.7% in February. United States
Jobless Claims
May 07: 203,000
U.S. initial claims for unemployment insurance are low as businesses are reluctant to lay off workers because of the difficulty in filling open positions. United States
Producer Price Index
Apr. 2022: 0.5% m/m
The U.S. Russian Federation
Foreign Trade
Mar. 2022:
The Central Bank of Russia temporarily suspended monthly publication of merchandise trade of the Russian Federation on 11 April. World
Moody's Analytics Global CPI
Apr. 2022: 2.5% m/m
The Moody’s Analytics estimate of worldwide consumer price inflation accelerated to 19.5% y/y in April from 17.3% in March; in monthly terms, the global CPI rose by 2.5%. United States
St. Louis Fed Financial Stress Index
May 06: -1.26
Financial market stress decreased last week, with the St. United States
Natural Gas Storage Report
May 06: 76 bil cubic feet
Last week’s build in gas stocks fell short of analyst expectations. Uruguay
Industrial Production
Mar. 2022: 5.5% y/y
Uruguay’s industrial production growth slowed down in March after recording a rate of 5.5% in yearly terms, lower than the 11.5% registered in February. Mexico
Monetary Policy
May. 2022: 7.00%
The Bank of Mexico continued to hike the rate at a gradual pace despite the increasing inflation. Argentina
Consumer Price Index
Apr. 2022: 58.0% y/y
The statistics office’s national consumer price index increased 6% in April, after 6.7% in the previous month. » VIEW MORE ECONOMIC INDICATORS | 