| Today's Economy
Economic Roundup: All Eyes on Omicron Economic data are strong, but a new COVID-19 variant and rising prices increase uncertainty. LatAm Daily Briefing: Mexico’s Missed Opportunity Policymakers pass on a rare chance to climb the global value chain. Geopolitical Risk Calendar: Omicron-Variant Worries in Europe A rise in infections caused Austria to put the country in lockdown. Europe Daily Briefing: Euro Zone Sentiment Slumps Lower consumer confidence dragged down the ESI in November. » VIEW MORE TODAY'S ECONOMY
Commentary
LatAm Risk Matrix Update: Political Turmoil and Inflation The political situation in the region is bleak, and nowhere is this more a concern than in Brazil. Much to Learn About Omicron—Fast Omicron appears to spread remarkably quickly. There is much more to learn about it. Europe Weekly Highlights and Preview, 26 November, 2021 France and Italy's GPD likely grew in the third quarter. Asia-Pacific Weekly Highlights and Preview, 26 November, 2021 India's Q3 GDP is expected to have grown 7.4% q/q. » VIEW MORE COMMENTARY
Today's Economic Indicators
Belgium
Consumer Price Index
Oct. 2021:
Sweden
GDP
2021Q3: 2% q/q
Sweden’s GDP grew 2% q/q in the third quarter, adding to the 0.9% increase in the second. Euro Zone
Business and Consumer Sentiment
Nov. 2021: 117.5
The euro zone’s economic sentiment indicator decreased by 1.1 points in November and now stands at 117.5 after rising by 0.8 point in October. Ireland
Retail Sales
Oct. 2021: 0.3% m/m
Irish retail sales excluding motor trades increased by 0.3% m/m in October, slowing from the prior month. Canada
Balance of International Payments
2021Q3: C$1.4 bil
The latest balance of payments data suggest that trade may make a slight positive contribution to the forthcoming third-quarter GDP report. Canada
Industrial Product and Raw Materials Price Indexes
Oct. 2021: 1.3% m/m
The Industrial Product Price Index, a measure of the price of products manufactured in Canada, increased by 1.3% in October, marking a 16.7% year-ago jump. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
November 24: 96.4
The Moody’s Analytics & CNN Business Back-to-Normal Index entered the holiday season on a high note. Mexico
Employment Situation
Oct. 2021: 3.9% Unemployment
Mexico’s unemployment rate adjusted down a little more in October as the reopening progressed. World
Moody's Analytics Survey of Business Confidence
November 26: 2.3
While global business sentiment turned soft in the past several weeks, the four-week moving average of sentiment remains consistent with a slowly recovering global economy. United States
Pending Home Sales
Oct. 2021: 125.2
The NAR pending home sales index increased 7.5% to 125.2 in October, more than gaining back its September losses, and clocked in at its highest level since December 2020. United States
Texas Manufacturing Outlook Survey
Nov. 2021: 11.8
Texas factory activity continued to show solid gains in November. South Korea
Industrial Production
Oct. 2021:
South Korea
Retail Sales
Oct. 2021:
Japan
Employment Situation
Oct. 2021:
Japan
Industrial Production
Oct. 2021:
China
Manufacturing PMI
Nov. 2021:
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