Today's Economy Economic Roundup: U.S. Inflation Expectations Take a Breather 10-year PCE inflation expectations took their first pause since creeping higher in mid-May. Canada Weekly: Inflation Spikes, No Rate Hikes The recovery is pressing forward, but the economy is not out of the woods. Geopolitical Risk Calendar: Tensions Within Europe Austria warns the EU of the need to return to strict budget rules. Europe Daily Briefing: U.K. Retail Takes a Breather Looking ahead, we think sales will remain strong as consumer confidence increases and households dip into savings. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 18 June, 2021 The quick increase in inflation rates across advanced economies this year has fed inflation expectations. Latin America Weekly Highlights and Preview, June 18, 2021 Mexico’s unemployment remained high in May as the economy continues its gradual improvement. Nigeria’s Recovery Faces Headwinds Another wave of COVID-19 and a slow vaccine rollout are primary concerns for Africa’s most populous nation. Asia-Pacific Weekly Highlights and Preview, 18 June, 2021 We expect the Bank of Thailand to keep the benchmark policy rate unchanged at the record low of 0.5%. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Retail Sales May. 2021: -1.4% m/m U.K. retail sales fell by 1.4% m/m after spiking by 9.1% m/m in April. Canada New Housing Price Index May. 2021: 11.3% New-house prices are rising at a blistering pace. United States Moody’s Analytics & CNN Business Back-to-Normal Index June 16: 92.5 The Moody’s Analytics & CNN Business Back-to-Normal Index snapped back to trend this week. United States Moody's Analytics Inflation Expectations Pulse June 13: 2.33% Inflation expectations showed signs of steadying. United States State and Local Government Tax Revenue 2021Q1: 9.6% y/y State tax collections extended their hot streak in the first quarter of 2021 as the economy continued to emerge from recession. » VIEW MORE ECONOMIC INDICATORS |