| Today's Economy
Nord Stream Shutdown Signals Bad News for Europe Markets react poorly to the news; recession risks on the rise. Europe Daily Briefing: Nord Stream I Closes Indefinitely Nord Stream I, a major gas line from Russia to Germany, has been shut down indefinitely. Priorities for the U.K.’s New Prime Minister The cost-of-living crisis is the most pressing issue. Asia-Pacific Daily Briefing: Food Prices Keep Inflation Hot in Thailand Pressure remains on the Bank of Thailand to keep hiking rates. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Jobs Report Cont’d: A Welcome Cooldown August’s report, caveats and quirks aside, landed in the Goldilocks zone. Latin America Weekly Highlights and Preview, September 2, 2022 Unemployment falls in Brazil and Chile while growth moderates throughout the region. Europe Weekly Highlights and Preview, 2 September, 2022 The ECB will likely raise its policy rate by 75 basis points. Euro Zone Inflation Outlook: Toward Double Digits? The currency area's HICP could hit 10% and keep going, depending on policymakers’ choices. » VIEW MORE COMMENTARY
Today's Economic Indicators
Singapore
Retail Sales
Jul. 2022: 13.7%
Singapore’s retail sales continued on an upward streak in July, climbing 13.7% y/y. Switzerland
GDP
2022Q2: 0.3% q/q
Switzerland’s GDP grew by 0.3% q/q in the second quarter, slowing from a 0.5% increase in the first. Austria
Retail Sales
Jul. 2022: -5.6% y/y
Similar to June, Austrian retail sales continued to fall in July, posting a 5.6% decline from a year ago. Belgium
Retail Sales
Jul. 2022: -4.2% y/y
In July, Belgium’s volume of sales excluding fuels decreased by 4.2% year over year. Euro Zone
Retail Sales
Jul. 2022: 0.3% m/m
Euro zone retail sales increased 0.3% m/m on a seasonally adjusted basis in July, after decreasing by 1% in June. Colombia
Consumer Price Index
Aug. 2022: 10.8% y/y
Colombia’s annual inflation rate continued to accelerate in August rising energy and food prices. Uruguay
Consumer Price Index
Aug. 2022: 9.5% y/y
In line with our estimations, Consumer Price Index in Uruguay slightly subsided after recording a 9.5% y/y in August, propelled by the increase in food prices, housing, health care, education, and leisure and hospitality. United States
Semiconductor Billings
Jul. 2022:
Philippines
Consumer Price Index
Aug. 2022:
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