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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.

Wednesday, December 11, 2024

Today's Economy


LatAm Daily Briefing: Dominican Republic’s Great Year

The island nation’s prudent economic policies have been a success.

Economic Roundup: Slow Coming

As expected, the U.S. CPI rose 0.3% in November, lifting the year-ago rate to 2.7%.

Europe Daily Briefing: Shipping Rates Sail Higher

After slipping a week earlier, the Drewry World Container Index jumped in the latest period.

Asia-Pacific Daily Briefing: South Korea's 2025 Budget Passes Amid Political Tumult

The Democratic Party of Korea locked in a smaller budget than what the president proposed.

» VIEW MORE TODAY'S ECONOMY



Commentary


U.S. Economic Risk Matrix: Global Trade War

New tariffs could prompt retaliation; the fallout would vary among countries.

Spending Growth Should Slow During 2025

The slowdown in real spending growth will not be a collapse and will take growth only a little below its long-run level.

Higher for Longer, Delinquencies for Auto Loans Remain Elevated

The cost of a 60-month car loan versus the underlying five-year U.S. Treasury bond yield that serves as a pricing base has continued to rise.

Developed Asia Outlook 2025: Diverging Fortunes

The year will bring many risks and few opportunities for high-income Asian economies.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Portugal
Consumer Price Index
Nov. 2024: 2.5%
Headline inflation increased from 2.3% in October to 2.5% in November.

United States
MBA Mortgage Applications Survey
December 06: 5.4%
Driven by a sharp rise in refinancing volume, the composite mortgage activity index jumped in the first week of December.

United States
Consumer Price Index
Nov. 2024: 0.3% m/m
The first inflation data for November told a mostly positive story.

United States
Moody's Analytics Used Vehicle Price Indexes
Nov. 2024: -2.47 % y/y
The Moody's Analytics Used-Vehicle Sales Price Market Index noted a year-over-year decrease of 2.47%.

Canada
Monetary Policy
Dec. 2024: 3.25%
With the outlook for 2025 dimming, the Bank of Canada opted for another plus-size rate cut.

United States
Oil Inventories
December 06: 422 mil barrels
Oil inventories fell by 1.4 million barrels in the week ended December 6, a slightly higher draw than the 1 million barrels analysts expected.

Russian Federation
Consumer Price Index
Nov. 2024: 8.9% y/y
Russia’s annual inflation rate reaccelerated to 8.9% y/y in November from 8.5% in October, beating market expectations of 8.7% and our forecast of 8.8%.

Argentina
Consumer Price Index
Nov. 2024: 166.0% y/y
The national consumer price index rose 2.4% month on month in November following gains of 2.7% in the previous month and 12.8% a year earlier.

United States
Treasury Budget
Nov. 2024: -$366.8 bil
The U.S. federal government recorded a budget deficit of $366.8 billion in the second month of fiscal 2025, 17% larger than in the same month last year.

Brazil
Monetary Policy
Dec. 2024: 12.25%
The Central Bank of Brazil surprised markets by prescribing a higher-than-expected rate hike.

Australia
Employment Situation
Nov. 2024:

» VIEW MORE ECONOMIC INDICATORS

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