Today's Economy Economic Roundup: August CPI Eases Earlier Deflationary Concerns After three straight increases in core CPI, deflation seems less of a threat than in the spring. Canada Weekly: Where To? Looking at how Canadians are moving around the country can provide insights on the recovery. U.S. Jobless Claims Show Recovery Has a Long Way to Go Initial and continuing claims in regular programs have improved; the bigger picture is not so rosy. Geopolitical Risk Calendar: Brexit Talks Veer Off Course The week's events will hinder future negotiations. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, September 11, 2020 Though the pandemic appears to have peaked in August, there are few signs that it will recede swiftly. Europe Weekly Highlights and Preview, 11 September, 2020 U.K. unemployment likely rose to 4.3% in the three months to July from 3.9% in the three months to June. Asia-Pacific Weekly Highlights and Preview: 11 September, 2020 New Zealand's second-quarter GDP will reflect the effects of the pandemic containment measures. An Uneven Recovery for APAC Varied government policy responses and industrial structures create wide gaps in performance. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Industrial Production Jul. 2020: 1.2% Malaysia’s industrial production was up 1.2% y/y in July, recovering from a four-month slump as a result of the coronavirus pandemic. Canada RPS House Price Index Aug. 2020: 6.9% Despite persistent weakness in the labor market, the Canadian housing market continues to march ahead better than expected. Germany Consumer Price Index Aug. 2020: 0.0% Headline consumer prices were unchanged in August in yearly terms after shedding 0.1% in July. Spain Consumer Price Index Aug. 2020: -0.5% Spain’s consumer price index declined for a fifth consecutive month in August, falling 0.5% on a year-ago basis. Spain Industrial Production Jul. 2020: 9.3% Spain’s industrial production increased 9.3% in July. India Industrial Production Jul. 2020: -10.4% India’s industrial production improved significantly in July. Canada Industrial Capacity Utilization 2020Q2: 70.3% Canadian industrial capacity utilization took a beating in the second quarter. United States Consumer Price Index Aug. 2020: 0.4% Headline CPI and core CPI both rose by 0.4% in August, marginally slower than the 0.6% gains notched in July. Mexico Industrial Production Jul. 2020: -11.3% The national industry continued to reactivate in July as the reopening advanced. Peru Monetary Policy Sep. 2020: 0.25% The rate-setting committee of the Central Reserve Bank of Peru kept the policy rate unchanged at 0.25% at its September meeting. Russian Federation Foreign Trade Jul. 2020: US$4.3 bil The rebound in Russia’s trade balance reversed course in July. United States Quarterly Services Survey 2020Q2: Services revenue fell a downwardly adjusted 9.1% from the first quarter to the second quarter in seasonally adjusted terms, compared with a 2.7% decrease between the fourth quarter of 2019 and the first quarter of this year. United States Moody’s Analytics & CNN Business Back-to-Normal Index September 09: 79.6 The Moody’s Analytics & CNN Business Back-to-Normal Index shows a plateauing in the U.S. economic recovery. Uruguay Industrial Production Jul. 2020: -5.3% Uruguayan industrial production took a step back in July, declining 5.3%. United States Treasury Budget Aug. 2020: -$200.1 bil The federal budget balance continues to gush red ink amid the decline in economic activity and the unprecedented federal response to the pandemic. » VIEW MORE ECONOMIC INDICATORS |