Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Real-time coverage of the global economy, including in-depth analysis of more than 300 economic indicators, topics and long-term trends, plus macro forecasts and outlooks.

Friday, June 09, 2017

Today's Economy


Chile’s Structural Inflation Is Trending Up

Prolonged money expansion is fueling core prices.

Canada Weekly: Big Defense Spending Increases on the Way

Government officials announced a 70% rise over the next 10 years.

FOMC Preview: When a Rate Hike Is Uneventful

The Fed will raise rates, but any guidance on the balance sheet would steal the spotlight.

LatAm Weekly: Recovery Not at Hand

The region’s turnaround will take time and is fraught with risks.

» VIEW MORE TODAY'S ECONOMY



Commentary


Europe Weekly Highlights and Preview, 9 June, 2017

We expect the BoE to stand pat and to look through a period of inflation in order to support the economy.

Latin America Economic Preview: 12-16 June

Unemployment rises in Argentina and declines in Peru

Asia-Pacific Weekly Highlights and Preview, 9 June, 2017

China’s economic momentum has likely peaked for now.

Macro Roundup: Australia Stays the Course

Latest data show little change in the economic trajectory of mildly below-trend growth.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Malaysia
Industrial Production
Apr. 2017: 4.1%
Malaysia's industrial production growth decelerated to 4.1% y/y in April, from 4.5% in March.

Japan
Industry Activity Indexes
Apr. 2017: 1.2%
Momentum across Japan's service sector remains mixed.

France
Industrial Production
Apr. 2017: -0.5%
France's industrial production disappointed in April, down by 0.5% m/m, well below the consensus for a 0.2% rise.

Germany
Foreign Trade
Apr. 2017: €19.8 bil
Germany's trade surplus narrowed somewhat to €19.8 billion in April from a revised €19.9 billion in the previous month and €23 billion in April 2016.

United Kingdom
Industrial Production
Apr. 2017: 0.2%
U.K. industrial production was something of a disappointment in April, gaining only 0.2% m/m against our expectations of a sharper 0.7% rise.

United Kingdom
Foreign Trade
Apr. 2017: -£10.4 bil
The U.K. trade deficit for goods fell in April to £10.4 billion from a downwardly revised £12 billion in March, the smallest shortfall since October 2016.

Brazil
Consumer Price Index
May. 2017: 3.60%
Annual inflation has fallen well below target but remains within the lower range.

Canada
Industrial Capacity Utilization
2017Q1: 83.3%
Industrial capacity utilization moved higher in the first quarter of 2017, driven by strength in manufacturing and construction.

Canada
Labor Force Survey
May. 2017: 6.6%
Employment growth revved back up in May.

Mexico
Industrial Production
Apr. 2017: -4.4%
Industrial production contracted in April, affected by the Easter celebration.

Russian Federation
Foreign Trade
Apr. 2017: US$8.0 bil
Russia’s merchandise trade surplus sank rapidly in April, falling to $8 billion from $12.6 billion in March.

United States
Wholesale Trade (MWTR)
Apr. 2017: -0.5%
Wholesale inventories took a large step back in April and may remain a drag on output in the second quarter.

United States
ECRI Weekly Leading Index
June 02: 144.5
The U.S. expansion remains intact, supported by strong business and consumer sentiment, but gains will moderate as the expansion matures.

» VIEW MORE ECONOMIC INDICATORS

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