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, August 10, 2018

Today's Economy


Economic Roundup: Warmer

U.S. core CPI is firming, but inflation isn't an immediate concern.

Recent Events Show How Higher Leverage Reins in Benchmark Interest Rates

FOMC's median forecast of a 3.125% midpoint for year-end 2019’s federal funds rate seems ambitious.

Europe Daily Briefing: French Production Up for June

The monthly increase wasn't enough to salvage second quarter figures as a whole.

Canada Weekly: Trouble on the Farm

China's agricultural tariffs against the U.S. will hurt Canadian farmers.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 10 August, 2018

In the euro zone, fears are that the area’s economy is going through a sharper than expected slowdown.

Venezuela Outlook: The Depression Continues

Oil output collapsed, hyperinflation will persist, and there could be widespread social unrest.

Macro Roundup: Keeping an Eye on China

The government must deal with a trade war while managing softer domestic demand.

Asia-Pacific Weekly Highlights and Preview, 10 August, 2018

China’s July activity data will show a gradual and bumpy, but entrenched, cooling trend.

» VIEW MORE COMMENTARY



Today's Economic Indicators


World
Moody's Analytics Global CPI
Jul. 2018: 0.3%
Growth in global consumer prices moderated in July.

France
Industrial Production
Jun. 2018: 0.6%
France's industrial production rose by 0.6% m/m in June, fully reversing the 0.2% decline in May.

United Kingdom
GDP Expenditure Breakdown
2018Q2: 0.4%
The U.K.’s preliminary estimate of second quarter GDP conformed to our expectations and showed that activity rose by 0.4% q/q, recovering from a meagre 0.2% gain in the first quarter.

Brazil
Retail Sales Index
Jun. 2018: 1.5%
Retail sales moderated in June as shortages continued to affect supply of several items.

Peru
Monetary Policy
Aug. 2018: 2.75%
Bank directors left the key reference rate at 2.75% in their August meeting.

India
Industrial Production
Jun. 2018: 7.0%

Canada
Labor Force Survey
Jul. 2018: 5.8%
Employment growth boomed in July due to strong contributions from the public sector.

United States
Consumer Price Index
Jul. 2018: 0.2%
The U.S. consumer price index rose 0.2% in July, a touch more than we expected but in line with consensus expectations.

Mexico
Industrial Production
Jun. 2018: 0.2%
Mexico's national industry advanced slowly in June, despite the expansionary effects of the election.

Russian Federation
Foreign Trade
Jun. 2018: US$15.6 bil
Russia’s trade surplus advanced in June, rising 2.7% from May.

United States
ECRI Weekly Leading Index
August 03: 147.8
The U.S. economic expansion is in good shape and economic prospects for the near term are positive.

United States
Treasury Budget
Jul. 2018: -$76.9 bil
The federal government has incurred a cumulative budget deficit of $684 billion in the first 10 months of fiscal 2018, compared with $566 billion over the same time last year.

» VIEW MORE ECONOMIC INDICATORS

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