| Today's Economy
Economic Roundup: We’ve Got a Two-Handle Another cool inflation report brought the U.S. CPI down to 2.9%. Europe Daily Briefing: Base Effects Stoke U.K. Inflation Euro zone industry continued to struggle in June as consumer goods faltered. Asia-Pacific Daily Briefing: New Zealand's Restrictive Monetary Policy Loosens a Touch The central bank cut its policy rate by 25 basis points to 5.25%. Economic Roundup: So Far, So Good On the inflation front, the first datapoint for July was encouraging. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Outlook: Running at Different Speeds The region will start 2025 performing near production capacity after ending 2024 at below-potential growth. U.S. Chartbook: Take a Deep Breath Market volatility spiked to its highest since the pandemic. Japan Risk Matrix: Policy Error Rate hikes or fiscal policy missteps could precipitate a broader downturn. U.S. Weekly Highlights and Preview, August 9, 2024 We expect that inflation's second-quarter moderation continued into July. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland
Consumer Price Index
Jul. 2024: 1.0% y/y
Finland’s consumer price inflation rate decelerated to 1% year over year in July from 1.3% in June. Sweden
Consumer Price Index
Jul. 2024: 2.6% y/y
Sweden’s CPI inflation rate was stable in July at 2.6% year over year. United Kingdom
Consumer Price Index
Jul. 2024: 2.2% y/y
In July, consumer price inflation was 2.2% year over year, up from 2% in June. France
Consumer Price Index
Jul. 2024: 2.3% y/y
France’s CPI inflation rate edged up to 2.3% year over year in July from 2.2% in June. Netherlands
GDP
2024Q2: 1.0% q/q
Dutch real GDP rebounded 1% quarter over quarter in the second quarter, according to preliminary estimates. Euro Zone
Industrial Production
Jun. 2024: -0.1% m/m
Euro zone industrial production slumped again in June, ticking down 0.1% m/m after a downwardly revised 0.9% decrease in May. United States
MBA Mortgage Applications Survey
August 09: 16.8%
Refinancing surged in the week ended August 9. Brazil
Retail Sales Index
Jun. 2024: 4.0% y/y
Brazil’s retail consumption continued to grow in June, posting another annual expansion as consumer spending is fueled by more employment and money transfers from the government. United States
Consumer Price Index
Jul. 2024: 0.2% m/m
U.S. consumer prices rose 0.2% in July, in line with expectations. United States
Moody's Analytics Used Vehicle Price Indexes
Jul. 2024: -7.5%
The Moody’s Used Vehicle Sale Price Index and Retention Index increased 2.36% and 2.01% month over month, respectively, in seasonally adjusted terms. Australia
Datium Insights - Moody’s Analytics Used Vehicle Price Index
Jul. 2024: 6% y/y
After declining for three consecutive months, the used-vehicle price index in Australia slightly increased 0.3% in July. United States
Oil Inventories
August 09: 430.7 mil barrels
Oil inventories rose for the first time in seven weeks, besting consensus predictions of another decline. Colombia
Industrial Production
Jun. 2024: -4.8% y/y
Manufacturing output slumped in June amid weak domestic demand conditions. Argentina
Consumer Price Index
Jul. 2024: 263.4% y/y
The national consumer price index in Argentina reported by the statistics office rose by 4% month over month in July, following a 4.6% increase in the previous month and a 6.3% rise from the same month a year earlier. Japan
GDP
2024Q2:
Australia
Employment Situation
Jul. 2024:
China
Fixed-Asset Investment
Jul. 2024:
China
Industrial Production
Jul. 2024:
China
Retail Sales
Jul. 2024:
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