Today's Economy Economic Roundup: Hot Commodities Russia’s military conflict with Ukraine has boosted global energy and food commodity prices. Europe Daily Briefing: U.K. Inflation Hits 7% Energy and transportation costs pushed the CPI to a record. Asia-Pacific Daily Briefing: RBNZ Chooses "Path of Least Regret" Anchoring inflation expectations is a priority as inflation is expected to peak around 7%. Economic Roundup: The Worst of U.S. Inflation Is Over The Fed's job doesn't get easier, as it faces a narrow path to a soft landing. » VIEW MORE TODAY'S ECONOMY
Commentary U.S. Inflation Heat Map: Energy Policy in a Global Context Energy prices rocketed higher in March. Greece Outlook: Perpetual Crises Inflation and the Ukraine conflict pave the way for elections next year. U.S. CPI by Demographics: March Update Assessing historically high inflation's impact on various groups. Euro Zone Outlook: Monetary Policy on a Knife-Edge We expect the ECB to hike later this year, but this could change. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland Retail Sales Feb. 2022: 0.5% m/m Finland's seasonally adjusted retail sales, excluding motor vehicles and motorcycles, rose by 0.5% m/m in February after the upwardly revised 2.6% increase in January. Spain Consumer Price Index Mar. 2022: 9.8% y/y Spain's consumer price index rose by 9.8% in yearly terms in March after a 7.6% gain in February. Italy Industrial Production Feb. 2022: 4.0% m/m Italy’s industrial production rebounded by 4% m/m in February, mainly thanks to intermediate goods, and output is now more than 2% above pre-pandemic levels. United Kingdom Consumer Price Index Mar. 2022: 7% y/y The U.K. United States MBA Mortgage Applications Survey April 08: -1.3% Mortgage application volume continues to tumble as borrowing rates rise. Brazil Retail Sales Index Feb. 2022: 1.3% y/y Brazil’s retail stores reported a positive advance in February despite the rise of COVID-19 infections. United States Producer Price Index Mar. 2022: 1.4% m/m The U.S. United States Moody's Analytics Inflation Expectations Pulse April 10: 2.34% Inflation expectations held steady in the week ended April 10, according to the Moody's Analytics Inflation Expectations Pulse. Canada Monetary Policy Apr. 2022: 1% The Bank of Canada acted strongly in April with additional monetary policy tightening. World Moody's Analytics Global CPI Mar. 2022: 2.3% m/m The Moody’s Analytics estimate of worldwide consumer price inflation accelerated to 17% y/y in March from an upwardly revised 15.1% in February; in monthly terms, the global CPI rose by 2.3%. United States Oil Inventories April 08: 421.8 mil barrels A much larger than expected jump in oil inventories last week should put some downward pressure on high oil prices. Colombia Industrial Production Feb. 2022: 10.7% y/y Manufacturing output continued to expand at a solid pace in February supported by robust demand conditions. Argentina Consumer Price Index Mar. 2022: 55.1% y/y Argentina's statistics office’s national consumer price index increased 6.7% in March amid rising energy and food prices. Singapore GDP - Advanced 2022Q1: South Korea Monetary Policy Apr. 2022: Australia Employment Situation Mar. 2022: » VIEW MORE ECONOMIC INDICATORS |