| Today's Economy
Economic Roundup: Main Street Malaise Lifts, Slightly Small-business sentiment improved, but tariff stress is still mounting. LatAm Daily Briefing: Is This Time Different? The region has been surprisingly resilient amid a bleak global outlook. Final Thoughts Ahead of May’s CPI We expect a below-consensus 0.1% rise in the CPI in May. Europe Daily Briefing: Cooldown U.K. unemployment hit a four-year high in another poor showing for the struggling labour market. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Chartbook: A Cool Cool Summer A bevy of indicators paint a more subdued picture of the U.S. labor market. Sizing Up Mexico's Back Door: Few Cracks, Loose Hinges Downsizing China’s role in Mexico’s economy is a key priority of both the U.S. and Mexican governments. U.S. Inflation Tracker: Can It Last? Inflation has all but returned to the Fed's 2% target, but there is little expectation that it will stay there long. Middle East Chartbook: Largely Immune to Trump’s Tariffs But the region won’t be spared from the trade war’s hit to global demand. » VIEW MORE COMMENTARY
Today's Economic Indicators
Denmark
Consumer Price Index
May. 2025: 1.6% y/y
Danish headline CPI growth measured 1.6% y/y in May, inching up 0.1 percentage point from April. Norway
Consumer Price Index
May. 2025: 3% y/y
Norway’s CPI inflation rate ramped up to 3% y/y this May from 2.5% in April. United Kingdom
Unemployment
Apr. 2025: 4.6%
The latest U.K. labour market data indicate a gradual weakening, as the unemployment rate rose by 0.2 percentage point in the first quarter of the year compared with the same period last year. Italy
Industrial Production
Apr. 2025: 1.0% m/m
Italy's industrial production grew by 1% month over month in April, beating our forecast of a 0.6% increase. United States
NFIB Small Business Survey
May. 2025: 98.8
As expected, the NFIB’s Small Business Optimism Index increased in May. Brazil
Consumer Price Index
May. 2025: 5.32% y/y
Brazil’s inflation is finally showing signs of receding as consumer prices moderate and the base effect benefits the annual growth rate. United States
Moody's Analytics Commercial Real Estate Price Index
2025Q1: 5.2% y/y
South Korea
Employment
May. 2025:
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