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.

Tuesday, March 02, 2021

Today's Economy


LatAm Daily Briefing: Argentina Stalls IMF Negotiations

The country faces midterm elections in October.

Europe Daily Briefing: Energy Prices Support February Inflation

Significantly softer energy price declines held the inflation rate constant in February.

Asia-Pacific Daily Briefing: Japan's Soft Labour Market

South Korean industrial production fell in January, while retail sales rebounded.

March Enters Like a Bull

The market value of U.S. common equity charged in, rising 2.51%.

» VIEW MORE TODAY'S ECONOMY



Commentary


Global Vaccine Tracker Update: Herd Immunity Coming

Europe continues to lag because of the lack of supply of vaccines.

U.S. Road to Recovery: About to Take Off?

Though the economy will have slowed in February, growth will be strong in the second half of this year.

China Vaccine Rollout Slow to Gain Pace

We anticipate that the country will reach herd immunity by the second quarter of 2022.

U.S. COVID-19 Tracker Update: Crisis Pushes Prices Higher

The ISM manufacturing survey’s prices paid index rose to its highest since mid-2008.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Euro Zone
Preliminary Consumer Price Index
Feb. 2021: 0.9%
Preliminary estimates report that euro zone consumer price inflation was unchanged at 0.9% y/y in February.

United States
CoreLogic Home Price Index
Jan. 2021: 10%
The CoreLogic Home Price Index rose 0.9% in January from the previous month and advanced 10% year over year.

Germany
Retail Sales
Jan. 2021: -4.5%
German retail sales excluding motor vehicles fell by 4.5% m/m in January, following the downwardly revised 9.1% decline in December.

Germany
Unemployment
Feb. 2021: 6.0%
On a calendar and seasonally adjusted basis, unemployment held steady at 6% in February.

Portugal
Industrial Production
Jan. 2021: -6.5%
Portuguese industrial production fell by 6.5% y/y in January, deepening the 4.6% decline in the previous month.

Chile
Monthly Economic Activity Indicator
Jan. 2021: -3.1% y/y
Economic activity in Chile gained a little more steam in January, as the vaccine rollout improved the business climate.

Canada
GDP
2020Q4: 9.6%
GDP registered a solid gain in the fourth quarter, though the detailed figures reveal some sore spots.

Canada
Gross Domestic Product by Industry
Dec. 2020: 0.1%
Canadian GDP closed the year on a meek note.

United States
ISM - NY Report
Feb. 2021: 35.5
New York City’s economy is backtracking, according to the February ISM-New York Report on Business.

United States
CreditForecast.com Household Credit Report
Feb. 2021: 4.23% y/y
T

South Korea
GDP
2021Q1:

Australia
GDP
2020Q4:

» VIEW MORE ECONOMIC INDICATORS

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