| Today's Economy
Economic Roundup: U.S. Labor Market Stays on Course, for Now The labor market added 177,000 jobs in April, and the unemployment rate held at 4.2%. Geopolitical Risk Calendar: Will U.S.-China Trade Tensions Cool? Plenty of track is left in this race, but mounting economic pain is making both sides run a little faster to the negotiating table. Canada Weekly: Reorienting Canada Where could the country displace the U.S. in global trade? Europe Daily Briefing: Inflation Holds Annual euro zone inflation remained at 2.2% in April. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, May 2, 2025 The Fed’s dual mandate will come under increasing pressure in the coming months. Latin America Weekly Highlights and Preview, May 2, 2025 Despite below-target headline inflation, officials at the Central Reserve Bank of Peru will leave the policy rate unchanged in May. Russia-Ukraine: Three Years of War and the Road Ahead The most likely scenarios over the next 12-18 months are either a “frozen conflict” or a “war of attrition.” Europe Chartbook: Mixed Signals on Inflation We forecast lower inflation in the euro zone later this year, contrary to the notable rise in consumer expectations. » VIEW MORE COMMENTARY
Today's Economic Indicators
Italy
Unemployment
Mar. 2025: 6.0%
In March, Italy’s unemployment rate ticked up to 6% from 5.9% in February, as joblessness grew more than the labour force month over month. Hong Kong SAR (China)
GDP
2025Q1: 3.1% y/y
Hong Kong’s growth overperformed in the first quarter of 2025, with advance estimates of 3.1% y/y. Hong Kong SAR (China)
Retail Sales
Mar. 2025: -3.5% y/y
Hong Kong retail sales fell at a lighter 3.5% year over year in value terms in March. Euro Zone
Preliminary Consumer Price Index
Apr. 2025: 2.2% y/y
The euro zone’s HICP inflation rate held steady at 2.2% y/y in April. Euro Zone
Unemployment
Mar. 2025: 6.2%
The euro zone unemployment rate held steady in March at an upwardly revised 6.2%. United States
Employment Situation
Apr. 2025: 177,000 m/m
The labor market performed as expected in April, with job growth holding close to its recent trend. Chile
Monthly Economic Activity Indicator
Mar. 2025: 3.8% y/y
Chile’s economic activity rebounded in March as the Easter seasonal effect benefited the annual growth rate and the industry recovered ground. United States
Factory Orders (M3)
Mar. 2025: 4.3% m/m
In line with expectations, U.S. factory orders popped in March. United States
Vehicle Sales - BEA
Apr. 2025: 17.3 mil, SAAR
U.S. light vehicle sales had another strong month in April. » VIEW MORE ECONOMIC INDICATORS | 
