| Today's Economy
Economic Roundup: Another Month of Solid Retail Sales In October, retail sales notched gains for the second month in a row, driven primarily by growth in autos. Europe Daily Briefing: British Slowdown Latest data show that the U.K. economy cooled ahead of Labour’s new budget announcement. Canada Weekly: Future-Focused R&D Spending This week, we take a high-level look at Canada's latest R&D spending trends. Geopolitical Risk Calendar: German Elections Set, Gaza Talks Stumble The leadership vacuum in Berlin will likely stall policy initiatives in the near term, including measures to support industry. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, November 15, 2024 The 25-basis point rate cut this month should add to builder confidence, but this will be partially mitigated by weak mortgage activity. Latin America Weekly Highlights and Preview, November 15, 2024 Industrial output falls in Colombia, while the unemployment rate rises in Peru. Europe Weekly Highlights and Preview, 15 November 2024 Inflation likely reaccelerated last month in the euro zone and U.K. Euro Zone Risk Matrix: Trade Concerns Tariff threats under a Trump administration in the U.S. may be part of negotiations and could prove less disruptive than feared. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom
GDP - Quarterly
2024Q3: 0.1% q/q
The modest 0.1% rise in real GDP in the third quarter, down from growth of 0.5% in the second quarter, indicates that the U.K. economy had already slowed sharply ahead of last month’s budget. France
Consumer Price Index
Oct. 2024: 1.2% y/y
France’s CPI inflation rate ticked up to 1.2% year over year in October from 1.1% in September. Hong Kong SAR (China)
GDP
2024Q3:
United Kingdom
Monthly GDP
Sep. 2024: -0.1% m/m
The latest monthly data show that the 0.1% quarterly rise in U.K. Italy
Consumer Price Index
Oct. 2024: 0.9% y/y
In October, Italy's headline and EU-harmonised year-on-year inflation rates surprised to the downside. Canada
Survey of Manufacturing
Sep. 2024: -0.5% m/m
Manufacturing sales fell 0.5% in September following a decline in August. Canada
New Motor Vehicle Sales
Sep. 2024: 2.6% y/y
After a slight decline in August, new-vehicle sales pushed higher by 1.5%, reaching 168,488 units sold in September. Canada
Wholesale Trade
Sep. 2024: -2.7% m/m
United States
Import and Export Prices
Oct. 2024: 0.3% m/m
U.S. import prices increased 0.3% in October following a 0.4% decline in September, while the prices for U.S. exports rose 0.8%, more than reversing a 0.6% decline in the previous month. United States
NY Empire State Manufacturing Survey
Nov. 2024: 31.2
According to November's Empire State Manufacturing Survey, New York's manufacturers are feeling better than in years. United States
Retail Sales
Oct. 2024: 0.4%, m/m
Retail sales grew at a healthy pace for two consecutive months in September and October for the first time since February and March. United States
Industrial Production
Oct. 2024: -0.3% m/m
From September to October, U.S. industrial production slipped 0.3%. United States
Business Inventories (MTIS)
Sep. 2024: 0.1% m/m
Business inventories rose 0.1% in September, on par with consensus estimates, after building by 0.3% in August. World
Moody's Analytics Global GDP
2024Q2: 2.6% q/q SAAR
According to the third estimate from Moody's Analytics, global GDP slowed in the second quarter. Peru
Unemployment
Oct. 2024: 5.7%
The jobless rate in the Lima metropolitan area, a barometer of job market conditions at the national level in Peru, fell to 5.7% in the October rolling quarter. United States
Moody's Analytics Commercial Real Estate Price Index
2024Q3: 3.6% y/y
Moody’s Analytics Equal Weighted Commercial Real Estate Price Index is up 3.6% year-over-year from the third quarter of 2024. » VIEW MORE ECONOMIC INDICATORS | 
