Today's Economy Economic Roundup: A Sense of the Damage U.S. jobless claims will give insight into Hurricanes Helene and Milton's impact on the labor market. Inside Economics Podcast: Episode 185—Consumer Prices and Catastrophic Hurricanes We examine how to calculate the cost of damaging storms. Europe Daily Briefing: U.K. Inflation Slows CPI is likely to rise somewhat above the 2% target in the rest of the year, principally because the drag from energy prices will lessen. Asia-Pacific Daily Briefing: Tumbling Kiwi Inflation Makes Room for Rate Cuts The September-quarter inflation rate was the lowest since early 2021. » VIEW MORE TODAY'S ECONOMY
Commentary Canada Risk Matrix: Politics Takes Center Stage Simmering diplomatic tensions threaten to boil over. Italy Outlook: Glimmers of Hope GDP was revised higher, but imbalances remain. Used-Vehicle Market Heats Up With Summer Price Increase This represents the first quarterly price increase for the U.S. market since the first quarter of 2023. U.S. Chartbook: What's Wrong? Despite cooling inflation and a robust labor market, consumers and businesses are feeling blue. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Consumer Price Index Sep. 2024: 1.7% y/y In September, consumer price inflation was 1.7%, down from 2.2% in August. Philippines Monetary Policy Oct. 2024: 6% As expected, Bangko Sentral ng Pilipinas cut the overnight reverse repo rate by 25 basis points to 6% in October. Thailand Monetary Policy Oct. 2024: 2.25% As expected, the Bank of Thailand’s Monetary Policy Committee voted to cut the key policy rate by 25 basis points at its October meeting. Indonesia Monetary Policy Oct. 2024: 6.00% Bank Indonesia held the BI-rate at 6% at its October meeting, matching our expectations. Italy Consumer Price Index Sep. 2024: 0.7% y/y In September, Italy's headline and EU-harmonised year-on-year inflation rates surprised significantly to the downside. United States MBA Mortgage Applications Survey October 11: -17.0% U.S. mortgage activity fell sharply in the week ended October 11. Canada Housing Starts Sep. 2024: 224 ths Canada's housing market showed signs of strength in September, with the seasonally adjusted annual rate (SAAR) of total housing starts increasing by 5.1% to 223,808 units. Canada Survey of Manufacturing Aug. 2024: -1.3% m/m Manufacturing sales took a 1.3% hit in August, reversing progress made in July. Canada New Motor Vehicle Sales Aug. 2024: 5.6% y/y New-vehicle sales have increased in most months this year, but the latest data show a slight decline of 0.41% in August. United States Import and Export Prices Sep. 2024: -0.4% m/m U.S. import prices declined 0.4% in September following a 0.2% decrease in August because of a continued slide in fuel prices. Colombia Industrial Production Aug. 2024: -1.8% y/y In August, manufacturing output declined by 1.8% compared with the same month last year, following a 2% growth in July. United States Treasury Budget Sep. 2024: Japan Foreign Trade Sep. 2024: Australia Employment Situation Sep. 2024: Singapore Foreign Trade Sep. 2024: » VIEW MORE ECONOMIC INDICATORS |