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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, September 11, 2024

Today's Economy


Economic Roundup: Familiar Foe

A surprise uptick in shelter inflation caused core CPI to come in higher than expected.

Inside Economics Podcast: Episode 180—August Jobs: Pretty Good

What are the odds now of a recession in the next year?

Europe Daily Briefing: U.K. GDP Stalls

The British economy saw a second month of no growth.

Asia-Pacific Daily Briefing: Hong Kong SMEs Have It Rough

Government support may underwhelm given fiscal consolidation goals.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Risk Matrix: Fed Capture

The central bank’s hard-won political independence is crucial when it comes time to make difficult decisions.

How Australians Save: The Rise of Offset Accounts

Mortgage holders are leveraging offset accounts to slash mortgage costs and navigate rate hikes.

U.S. Household Income Rebounded in 2023

The poverty rate dipped, and inequality improved.

U.S. Chartbook: A Little Turbulence?

Last week's data confirm that the labor market is cooling but solid.

» VIEW MORE COMMENTARY



Today's Economic Indicators


United Kingdom
Monthly GDP
Jul. 2024: 0.0% m/m
The unchanged reading for U.K. monthly GDP in July—the second month in a row to show no growth—supports our forecast that the economy’s rapid rebound over the first half of 2024 will not be sustained.

Portugal
Consumer Price Index
Aug. 2024: 1.9%
The final inflation numbers confirm the initial flash estimate for headline inflation in August.

United States
MBA Mortgage Applications Survey
September 06: 1.4%
Mortgage activity is expanding steadily.

Mexico
Industrial Production
Jul. 2024: 2.1% y/y
Mexico's national industry surprisingly rebounded in July after showing signs of weakening in the previous months.

United States
Consumer Price Index
Aug. 2024: 0.2% m/m
The first inflation datapoint for August came in a touch hotter than expected.

United States
Quarterly Services Survey
2024Q2: 1.5% q/q
In the second quarter, revenue growth in U.S. service industries decelerated after a strong start to the year.

United States
Oil Inventories
September 06: 419.1 mil barrels
Oil inventories had a build of 800,000 barrels in the week ended September 6, almost on par with consensus estimates of a 700,000-barrel rise.

Russian Federation
Consumer Price Index
Aug. 2024: 9.05% y/y
Russia’s annual inflation rate remained largely unchanged in August, dipping to 9.05% y/y from 9.1% in July, slightly above market forecasts of 9%.

Canada
RPS House Price Index
Aug. 2024:

Argentina
Consumer Price Index
Aug. 2024: 236.7% y/y
The statistics office’s national consumer price index increased 4.2% m/m in August after 4% in the previous month and 12.4% a year earlier.

» VIEW MORE ECONOMIC INDICATORS

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