| Today's Economy
Economic Roundup: Pandemic Fades, Concerns Remain The U.S. economy inches closer to normal even as geopolitical tensions cloud the outlook. Geopolitical Risk Calendar: Russia Barely Misses Default Markets were skeptical that the country could make its first post-sanction payment. Asia-Pacific Issues Update: Economic, Political Turmoil in South Asia Malaysia's ruling coalition may push for an early general election after state election wins. Europe Daily Briefing: Euro Zone Marks Record Trade Deficit The euro zone's trade in goods hit a record-low deficit this January. » VIEW MORE TODAY'S ECONOMY
Commentary
Census Quality Checks Don't Alter 2020 Totals They reveal that the census count was mostly accurate, but groups were miscounted. Latin America Weekly Highlights and Preview, March 18, 2022 Relentless inflation continues to undermine the overall regional recovery. APAC’s Small Direct Exposure to Russian Trade Won’t Hold Back Rising Inflation High global commodity prices will accelerate APAC inflation and interest rate normalization. Europe Weekly Highlights and Preview, 18 March, 2022 Inflation in the U.K. likely increased in February. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Foreign Trade
Feb. 2022: MYR19.8 bil
Malaysia’s trade surplus widened in February to MYR19.8 billion, representing a 10.7% increase over the same month in 2021. Sweden
Unemployment rate
Feb. 2022: 7.3%
Sweden’s unemployment rate dropped to 7.3% in February from 8% in January. Euro Zone
External Trade
Jan. 2022: -€27.2 bil
The euro zone’s not seasonally adjusted trade balance plunged to a deficit of €27.2 billion in January from a surplus of €10.7 billion a year earlier. Chile
GDP
2021Q4: 12% y/y
Chile’s economy reported some moderation in the last quarter of 2021, but growth remained above trend, keeping the economy in expansion. Russian Federation
Monetary Policy
Mar. 2022: 20%
Following an ad-hoc key rate increase in late February, the Central Bank of Russia has kept its interest rate at 20% at its meeting in March. Brazil
Employment Situation
Jan. 2022: 11.2%
As typically happens at the start of the year, the rate of unemployment reported a seasonal increase. Canada
New Housing Price Index
Feb. 2022: 10.9% y/y
The new-house price index was up 10.9% from a year earlier in February. Canada
International Transactions in Securities
Jan. 2022: C$13.5 bil
Breaking from the recent trend, the start of the year witnessed Canadian investors significantly reduce their holdings of foreign assets. Canada
Retail Trade
Jan. 2022: 3.2% m/m
Thanks in large part to a rebound in motor vehicle sales, retail trade bounced back in January after a slump in December. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
March 16: 94.5
The Moody’s Analytics & CNN Business Back-to-Normal Index posted a solid gain this week. United States
Existing-Home Sales
Feb. 2022: 6.02 mil, SAAR
Existing-home sales fell 7.2% in February to 6.02 million units annualized, reversing all of January’s gains and dropping to their lowest level since August. United States
Conference Board Leading Indicators
Feb. 2022: 0.3%
The Conference Board Leading Economic Index swung upward in February, matching expectations of a 0.3% increase. » VIEW MORE ECONOMIC INDICATORS | 