| Today's Economy
Economic Roundup: Weather Watching Hurricane Dorian could be economically costly. Europe Daily Briefing: Robust Labour Market Masks Need for Stimulus Euro zone unemployment continues to fall, but the story on inflation and growth is much less upbeat. Potential Economic Cost of Hurricane Dorian The storm could shave a little off third quarter GDP growth. Asia-Pacific Daily Briefing: Bank of Korea Leaves Policy Unchanged The stance is surprising in the current economic context. » VIEW MORE TODAY'S ECONOMY
Commentary
Europe Weekly Highlights and Preview, 30 August, 2019 Crucial days are ahead as Boris Johnson and the opposition face off over Brexit. Asia-Pacific Weekly Highlights and Preview, 30 August, 2019 Australia's GDP growth improved in Q2 on exports, and the RBA will hold until October. Latin America Economic Preview: 2-6 September Inflation remains below target in Brazil and Chile and is low and stable in Peru. U.S. Federal Outlook: About That Budget If lawmakers can't agree on details for fiscal 2020, Washington will be at risk of another shutdown. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Retail Sales
Jul. 2019: -2.2%
German retail sales fell 2.2% m/m in July, almost fully reversing the downwardly revised 3% gain in June. Spain
Retail Sales
Jul. 2019: 0.2%
Spain’s retail sales growth continued its upward trend in July, increasing to 0.2% in seasonally adjusted terms. Thailand
Foreign Trade
Jul. 2019: US$1.7 bil
Thailand's export sector bounced back in July, rising by 3.8% y/y after falling 2.1% in June. Italy
Unemployment
Jul. 2019: 9.9%
July’s preliminary data show that, in aggregate terms, Italy’s employment situation worsened compared with the previous month. Euro Zone
Preliminary Consumer Price Index
Aug. 2019: 1.0%
Preliminary numbers showed that euro zone inflation held steady at 1% y/y in August, in line with the consensus. Euro Zone
Unemployment
Jul. 2019: 7.5%
In line with expectations, the euro zone’s jobless rate held steady at 7.5% in July, its lowest in 11 years. Italy
GDP
2019Q2: 0.0%
Italy's GDP figures confirm zero growth in the second quarter of 2019. Chile
Employment
Jul. 2019: 7.2%
The national unemployment rate in Chile averaged 7.2% in the May-July rolling quarter, down from 7.3% a year earlier. India
GDP
2019Q2: 5%
A slowdown in real GDP growth for India was expected, but the degree to which the economy pumped the brakes is surprising. Brazil
Employment Situation
Jul. 2019: 11.8%
Brazil’s unemployment adjusted down a little more in July as the economy advanced further. Canada
GDP
2019Q2: 3.7%
A surge in exports propelled GDP growth higher in the second quarter, but the improvement in trade masks poor performance from the measures of the domestic economy. Canada
Industrial Product and Raw Materials Price Indexes
Jul. 2019: -0.3%
Producer prices in Canada fell 0.3% in July. Canada
Industry Output
Jun. 2019: 0.2%
Canadian GDP continued its slow and steady gains in June. United States
Personal Income
Jul. 2019: 0.1%
U.S. income growth moderated a bit in July. United States
PCE Deflator
Jul. 2019: 0.2%
Inflation remains below the Fed’s 2% objective. United States
Personal Spending
Jul. 2019: 0.4%
Real consumer spending growth started the third quarter with strong growth. Chile
Manufacturing Production
Jul. 2019: 5.7%
Chile’s manufacturers reported a strong annual rebound in July, after a significant contraction in the previous month. United States
University of Michigan Consumer Sentiment Survey
Aug. 2019: 89.8
The flare-up in the trade war and the drop in the stock market undermined consumer confidence in August. United States
Agricultural Prices
Jul. 2019: -2.9%
The July Agricultural Prices Received Index was down 2.9% from June. China
Manufacturing PMI
Aug. 2019:
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