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 |