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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, October 16, 2024

Today's Economy


Economic Roundup: A Sense of the Damage

U.S. jobless claims will give insight into Hurricanes Helene and Milton's impact on the labor market.

Inside Economics Podcast: Episode 185—Consumer Prices and Catastrophic Hurricanes

We examine how to calculate the cost of damaging storms.

Europe Daily Briefing: U.K. Inflation Slows

CPI is likely to rise somewhat above the 2% target in the rest of the year, principally because the drag from energy prices will lessen.

Asia-Pacific Daily Briefing: Tumbling Kiwi Inflation Makes Room for Rate Cuts

The September-quarter inflation rate was the lowest since early 2021.

» VIEW MORE TODAY'S ECONOMY



Commentary


Canada Risk Matrix: Politics Takes Center Stage

Simmering diplomatic tensions threaten to boil over.

Italy Outlook: Glimmers of Hope

GDP was revised higher, but imbalances remain.

Used-Vehicle Market Heats Up With Summer Price Increase

This represents the first quarterly price increase for the U.S. market since the first quarter of 2023.

U.S. Chartbook: What's Wrong?

Despite cooling inflation and a robust labor market, consumers and businesses are feeling blue.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Consumer Price Index
Sep. 2024: 1.7% y/y
In September, consumer price inflation was 1.7%, down from 2.2% in August.

Philippines
Monetary Policy
Oct. 2024: 6%
As expected, Bangko Sentral ng Pilipinas cut the overnight reverse repo rate by 25 basis points to 6% in October.

Thailand
Monetary Policy
Oct. 2024: 2.25%
As expected, the Bank of Thailand’s Monetary Policy Committee voted to cut the key policy rate by 25 basis points at its October meeting.

Indonesia
Monetary Policy
Oct. 2024: 6.00%
Bank Indonesia held the BI-rate at 6% at its October meeting, matching our expectations.

Italy
Consumer Price Index
Sep. 2024: 0.7% y/y
In September, Italy's headline and EU-harmonised year-on-year inflation rates surprised significantly to the downside.

United States
MBA Mortgage Applications Survey
October 11: -17.0%
U.S. mortgage activity fell sharply in the week ended October 11.

Canada
Housing Starts
Sep. 2024: 224 ths
Canada's housing market showed signs of strength in September, with the seasonally adjusted annual rate (SAAR) of total housing starts increasing by 5.1% to 223,808 units.

Canada
Survey of Manufacturing
Aug. 2024: -1.3% m/m
Manufacturing sales took a 1.3% hit in August, reversing progress made in July.

Canada
New Motor Vehicle Sales
Aug. 2024: 5.6% y/y
New-vehicle sales have increased in most months this year, but the latest data show a slight decline of 0.41% in August.

United States
Import and Export Prices
Sep. 2024: -0.4% m/m
U.S. import prices declined 0.4% in September following a 0.2% decrease in August because of a continued slide in fuel prices.

Colombia
Industrial Production
Aug. 2024: -1.8% y/y
In August, manufacturing output declined by 1.8% compared with the same month last year, following a 2% growth in July.

United States
Treasury Budget
Sep. 2024:

Japan
Foreign Trade
Sep. 2024:

Australia
Employment Situation
Sep. 2024:

Singapore
Foreign Trade
Sep. 2024:

» VIEW MORE ECONOMIC INDICATORS

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