| Today's Economy
Economic Roundup: December Inflation Softer Than Expected After firming, the PPI for final demand stepped back by 0.1% on services. Economic Briefing: Don't Be Fooled by Aussie Spending Surge Looking through the jump from Black Friday sales, trend retail trade is running at a soft 0.1% m/m. Economic Roundup: Energy Takes the Stage U.S. import prices rose 0.1% in December, more slowly than expected. Producer Restraint Lifts Oil Prices It will take time for the supply side to respond to elevated prices. » VIEW MORE TODAY'S ECONOMY
Commentary
Central and Eastern Europe Outlook: The Stimulus Windfall Steady flow of EU funding overshadows many structural problems. Latin America Economic Preview: 15-19 January Argentina's household consumption keeps gaining strength. China Outlook: Reducing Risks in 2018 The government set goals of reducing financial risks, alleviating poverty, and environmental protection. Kuwait Outlook: Powering Through Lower Energy Prices Despite near-term challenges, the economy will expand over the coming decade. » VIEW MORE COMMENTARY
Today's Economic Indicators
Spain
Industrial Production
Nov. 2017: 1.0%
Spain’s industrial production defied our expectations and gained 1% m/m in November, reading 0.4 percentage point above the previous month. Italy
Retail Sales
Nov. 2017: 1.1%
Italy’s retail sales rose by a sharp 1.1% m/m in November, fully reversing October’s 1% plunge. Euro Zone
Industrial Production
Nov. 2017: 1%
Euro zone industrial production rose by 1% m/m in November, building on a 0.4% rise in October. Canada
New Housing Price Index
Nov. 2017: 3.4%
New-home prices eked out a small gain in November. United States
Jobless Claims
January 06: 261,000
It’s difficult to glean much from week-to-week changes in new filings this time of year because of the various holidays and potential seasonal adjustment issues. United States
Producer Price Index
Dec. 2017: -0.1%
The decline in December producer prices isn’t overly concerning and likely won’t have significant implications for monetary policy. Mexico
Industrial Production
Nov. 2017: -1.5%
Mexico’s industry continued to contract in November. United States
St. Louis Fed Financial Stress Index
January 05: -1.569
Financial stress conditions declined for the second straight week, falling to -1.57. United States
Natural Gas Storage Report
January 05: -359 bil cubic feet
An enormous decline in natural gas inventories will apply upward pressure on prices. China
Monetary Aggregates
Dec. 2017:
China
Foreign Trade
Dec. 2017:
Argentina
Consumer Price Index
Dec. 2017: 25.0%
The statistics office’s consumer price index for the Buenos Aires metro area increased 3.4% in December, after 1.2% in the previous month and a year earlier. United States
Treasury Budget
Dec. 2017: -$23.2 bil
The federal government has incurred a cumulative budget deficit of $225 billion in the first quarter of fiscal 2018, compared with $209.8 billion over the same time last year. Uruguay
Industrial Production
Nov. 2017: 0.3%
Industrial production advanced modestly in November, advancing 0.3% year over year, ending a nine-month stretch of double-digit contractions. » VIEW MORE ECONOMIC INDICATORS | 