| Today's Economy
Europe Daily Briefing: Euro Zone Sentiment Stable May's ESI reading unchanged from the previous month. Holiday Break Our U.S. offices are closed Monday for Memorial Day. U.S. Macroeconomic Benefit of Student Loan Forgiveness Likely to Underwhelm Student debt forgiveness has a low economic bang for the buck. Geopolitical Risk Calendar: Russia Cuts Supply to Finland Other EU countries that are more reliant on imports have opened ruble accounts. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, May 27, 2022 Some countries are making incremental advances before an impending slowdown. MENA Outlook: Oil and Food Uncertainty Supply-chain shocks heightened by the Russian invasion of Ukraine place critical burdens on the region. Russia-Ukraine Tracker: Fighting in East Continues Clashes in the Donbas region have intensified. Tracking Entrepreneurship in the U.S. The Moody’s Analytics Broad-Based Startup Rate investigates the drivers of business creation. » VIEW MORE COMMENTARY
Today's Economic Indicators
Thailand
Industrial Production
Apr. 2022: 0.6%
An easing of COVID-19 measures and a weaker baht boosted Thailand’s factory output in April. Norway
Retail Sales
Apr. 2022: -0.9% m/m
Norwegian retails sales fell by 0.9% month over month from March to April, as the sale of goods in nonspecialised stores and household equipment held back the overall index. Denmark
Retail Sales
Apr. 2022: 1.7% m/m
After several months of decreases, Danish retail sales rebounded by 1.7% month over month in April from March. Sweden
GDP
2022Q1: -0.8% q/q
Final estimates of Sweden’s first-quarter GDP reported a 0.8% q/q decline, making for an even sharper contraction than was initially estimated in the preliminary release. Euro Zone
Business and Consumer Sentiment
May. 2022: 105.0
The euro zone’s economic sentiment indicator remained flat in May, standing at 105. Belgium
Consumer Price Index
May. 2022: 9.0% y/y
Consumer price growth in Belgium accelerated in May, clocking in at 8.97% y/y. Ireland
Retail Sales
Apr. 2022: 1.0% m/m
Irish retail sales volume, excluding motor trades, increased 1% m/m in April following a 0.9% m/m rise in March. Portugal
Retail Sales
Apr. 2022: 4.6% y/y
Portuguese retail sales decreased from March to April. Chile
Employment
Apr. 2022: 7.7%
Canada
Balance of International Payments
2022Q1: C$5.0 bil
Surging commodity prices lifted the current account balance to a historically high trade surplus. South Korea
Industrial Production
Apr. 2022:
South Korea
Retail Sales
Apr. 2022:
Japan
Employment Situation
Apr. 2022:
Japan
Industrial Production
Apr. 2022:
Japan
Retail Sales
Apr. 2022:
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