Today's Economy Economic Roundup: U.S. Consumers Still Can’t Shake It Off Despite moderating inflation, consumers are still struggling with higher price levels. Canada Weekly: A Reprieve for Rents? Construction trends signal metro market divergence. Europe Daily Briefing: Inflation Retracts Its Claws The ECB won't cut next week even though France, Spain and Sweden saw price growth moderate in June. Geopolitical Risk Calendar: No Majority in French Elections Political deadlock threatens to weaken France's political influence and stability within the European Union. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, July 12, 2024 Colombia’s inflation rate stands pat while Chile’s stays above target. U.S. Road to Recession: Good…for Now The second quarter sees robust headway in the inflation fight. Europe Weekly Highlights and Preview, 12 July 2024 All eyes on the European Central Bank next week. U.S. Weekly Highlights and Preview, July 12, 2024 June’s encouraging CPI report raises expectations that the Fed will begin to cut rates in September. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Industrial Production May. 2024: 2.4% y/y Malaysia’s industrial production index rose 2.4% year over year in May. Sweden Consumer Price Index Jun. 2024: 2.6% y/y Sweden's headline CPI inflation rate slowed to 2.6% year over year in June from 3.7% in May. France Consumer Price Index Jun. 2024: 2.2% y/y France’s CPI inflation rate eased to 2.2% year over year in June from 2.3% in May. Spain Consumer Price Index Jun. 2024: 3.4% y/y In June, Spain's consumer price index rose 3.4% year over year after a 3.6% gain in May. Mexico Industrial Production May. 2024: 1.0% y/y Mexico's national industry continued to advance in May, but the annual growth rate was significantly adjusted downward due to the base effect. India Industrial Production May. 2024: 5.9% y/y India's industrial production index rose 5.9% in May from a year earlier. World Moody's Analytics Global CPI Jun. 2024: 0.4% m/m The Moody’s Analytics measure of global CPI rose 0.4% month over month in June, slowing from a 1.6% increase in May. India Consumer Price Index Jun. 2024: 5.08 % y/y In June, India’s consumer price index rose 5.08% year over year, coming in higher than May’s increase of 4.75%. Canada Building Permits May. 2024: -12.2% m/m Canada's building permit value dropped 12.2% in May from April's record high because of a large decline in British Columbia. United States Producer Price Index Jun. 2024: 0.2% m/m Following the downside surprise in consumer prices, producer prices rose a bit faster than expected in June. United States University of Michigan Consumer Sentiment Survey Jul. 2024: 66.0 Unexpectedly, and despite the upward revision to June, confidence dipped in July, extending its streak of monthly declines to four, according to the University of Michigan consumer sentiment index. Peru Monetary Policy Jul. 2024: 5.75% In accordance with our expectations and those of the market, the Central Reserve Bank of Peru paused in its July meeting, leaving the policy rate unchanged at 5.75%. Canada RPS House Price Index Jun. 2024: 2.2% y/y Uruguay Industrial Production May. 2024: 1.7% y/y Uruguay's industrial production increased again in May. Argentina Consumer Price Index Jun. 2024: 271.5% y/y Argentina's statistics office’s national consumer price index increased 4.6% m/m in June after 4.2% in the previous month and 6% a year earlier. » VIEW MORE ECONOMIC INDICATORS |