| Today's Economy
Economic Roundup: Hotter Than Expected The consumer price index rose 0.5% in January, its fastest monthly increase since 2023. LatAm Daily Briefing: Mexico Under the Fed’s Severely Adverse Scenario Mexico would experience a harsh recession in this hypothetical situation. Europe Daily Briefing: Italy's Dismal December Industrial production surprised steeply to the downside. Asia-Pacific Daily Briefing: Singapore Takes Enviable Third Spot in Corruption Perceptions Index Transparency International is still concerned about vulnerabilities in some financial hubs. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Risk Matrix: Global Trade War Close U.S. allies, particularly Canada, have been the target of much of Trump’s protectionist impulse. Uncertain Times A historically high level of uncertainty has been a major factor holding back the euro zone economy. Threats to U.S. Household Income Growth In addition to slower job growth, drivers of investment income also have modest prospects. Euro Zone Risk Matrix: Metal Tariffs, Then What? Trump has already brought up motor vehicles as a point of contention between the EU and the U.S. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy
Industrial Production
Dec. 2024: -3.1% m/m
Italy's industrial production slumped 3.1% month over month in December, significantly worse than our forecast of a marginal 0.1% drop. India
Consumer Price Index
Jan. 2025: 4.31% y/y
In January, India’s consumer price index rose 4.3% year over year, down significantly from 5.2% in the prior month. India
Industrial Production
Dec. 2024: 3.2% y/y
India's industrial production index rose 3.2% over the year in December. Portugal
Consumer Price Index
Jan. 2025: 2.5%
Portugal's headline inflation rate slowed in January, from 3% in December to 2.5%. United States
MBA Mortgage Applications Survey
February 07: 2.3%
Refinancing continues to drive mortgage activity, with the composite index of mortgage applications from the Mortgage Bankers Association increasing by 2.3% in the week ending February 7. United States
Consumer Price Index
Jan. 2025: 0.5% m/m
Inflation accelerated in the first month of 2025. United States
Oil Inventories
February 07: 427.9 mil barrels
Commercial crude oil inventories rose by 4.1 million barrels in the week ended February 7, a larger build than the 2.4 million barrels the consensus forecast. Uruguay
Industrial Production
Dec. 2024: 5.8% y/y
Industrial production in Uruguay was solid again in December, rising by 5.8% year on year following a 5.7% gain in November. Canada
RPS House Price Index
Jan. 2025:
United States
Treasury Budget
Jan. 2025: -$128.6 bil
The U.S. federal government recorded a budget deficit of $128.64 billion in January, $106.7 billion larger than in the same month last year. » VIEW MORE ECONOMIC INDICATORS | 