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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.

Friday, September 13, 2024

Today's Economy


Economic Roundup: Consumers Still Feeling the Blues

The University of Michigan consumer sentiment index increased in September but remained weak.

Canada Weekly: Taking Provinces' Pulse

A real-time indicator of local business conditions reveals divergence across provinces.

Geopolitical Risk Calendar: U.S. Presidential Debate Won't Move the Needle

Vice President Harris may have gained back some momentum, though the race remains extraordinarily tight.

Europe Daily Briefing: Production Pullback

Industrial output tracked its fourth month of decline in July.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Weekly Highlights and Preview: September 13, 2024

It has been more than a year since the Fed changed its policy rate, but with recent labor market and price data showing cooling on both fronts, it is time for the central bank to begin easing.

U.S. Road to Recession: Watching and Waiting

The labor market will continue to cool, and monthly job gains will continue to moderate.

Latin America Weekly Highlights and Preview, September 13, 2024

July sees industrial production sagging in Argentina, while it bounces back in Uruguay.

Europe Weekly Highlight and Preview, 13 September, 2024

Although inflation is close to target, the Bank of England is unlikely to cut interest rates next week.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Finland
Consumer Price Index
Aug. 2024: 1.2% y/y
In August, Finland’s annual inflation rate reaccelerated to 1.2% year over year from 1% in July due to an increase in the average interest rate on housing loans, maintenance charges and consumer credit.

France
Consumer Price Index
Aug. 2024: 1.8% y/y
France’s CPI inflation rate slowed to 1.8% year over year in August from 2.3% in July.

Euro Zone
Industrial Production
Jul. 2024: -0.3% m/m
The euro zone’s industrial production pulled back 0.3% m/m in July, deepening a 0.1% decrease in June and prolonging the latest down spell since April.

Russian Federation
Monetary Policy
Sep. 2024: 19%
At its September meeting, the Central Bank of Russia raised its benchmark interest rate by 100 basis points to 19%.

United States
Import and Export Prices
Aug. 2024: -0.3% m/m
U.S. import prices dropped 0.3% in August following monthly increases of 0.1% in the previous two months.

Canada
Industrial Capacity Utilization
2024Q2: 79.1%
Industrial capacity utilization edged higher to 79.1% in the second quarter, up from 78.6% in the first quarter.

Canada
Wholesale Trade
Jul. 2024: 0.9% m/m
Wholesale trade (excluding petroleum, petroleum products, and other hydrocarbons and excluding oilseed and grain) increased 0.4% to C$82.7 billion in July.

World
Moody's Analytics Global GDP
2024Q2: 3.1% q/q SAAR
Global GDP remained stable in the second quarter of 2024.

United States
University of Michigan Consumer Sentiment Survey
Sep. 2024: 69.0
The preliminary estimate of the University of Michigan’s consumer sentiment index surprised to the upside in September, rising 1.1 points from the previous month to 69.

Peru
Monetary Policy
Sep. 2024: 5.25%
Citing a sustained drop in headline and core inflation and well-anchored expectations, the Central Reserve Bank of Peru cut the policy rate for the third consecutive month, with the 25-basis point decrease bringing the rate to 5.25%.

China
Fixed-Asset Investment
Aug. 2024:

China
Industrial Production
Aug. 2024:

China
Retail Sales
Aug. 2024:

» VIEW MORE ECONOMIC INDICATORS

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