Today's Economy Economic Roundup: China's Inflation Remains Tame China's CPI was up 1.1% on a year-ago basis in June and will move lower over the next few months. Canada Weekly: Chipping Away In April—the most recent month of data—manufacturing sales in the auto industry plummeted a drastic 37% compared with March. Geopolitical Risk Calendar: Future U.S. Infrastructure Spending Reduced Our forecast is down slightly from a total of $1.5 billion to $1.4 billion. Asia-Pacific Daily Briefing: China's Prices Edge Lower The country's CPI has cooled, while PPI has passed its peak. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, July 9, 2021 Inflation has accelerated across the region. Japan Risk Matrix Update: Wounded Recovery Strengthening resilience through immunization is an imperative. Asia-Pacific Weekly Highlights and Preview, 9 July, 2021 China's GDP growth will slow because of base effects. Europe Weekly Highlights and Preview, 9 July, 2021 Consumers in the euro zone are largely in a good place. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada RPS House Price Index Jun. 2021: Finland Industrial Production May. 2021: 2.2% Finland’s industrial production expanded by 2.2% m/m after a downwardly revised 1.3% increase in April. United Kingdom Monthly GDP May. 2021: 0.8% m/m U.K. Austria Industrial Production May. 2021: 0.1% Austria’s goods-producing sector saw further impressive year-over-year growth in May. Italy Industrial Production May. 2021: -1.5% Italy’s industrial production contracted by 1.5% m/m in May after five consecutive months of growth, as most sectors declined in monthly terms. Norway Consumer Price Index Jun. 2021: 2.9 Norway’s inflation rate accelerated to 2.9% y/y in June from 2.7% in May. China Monetary Aggregates Jun. 2021: 8.6% y/y Canada Labor Force Survey Jun. 2021: 7.8% Canada's labor market has come roaring back. Netherlands Industrial Production May. 2021: 16.5% y/y Base effects of the pandemic continue to juice year-ago growth in industrial production in the Netherlands, which jumped 16.5% in May. United States Moody’s Analytics & CNN Business Back-to-Normal Index July 07: 91.3 The Moody’s Analytics & CNN Business Back-to-Normal Index inched down this week from a revised 91.6 to 91.3. United States Moody's Analytics Inflation Expectations Pulse July 04: 2.4% Ten-year PCE inflation expectations held steady near 2.4%. United States Wholesale Trade (MWTR) May. 2021: 1.3% m/m Wholesale inventories jumped 1.3% in May, a touch stronger than anticipated. » VIEW MORE ECONOMIC INDICATORS |