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.

Friday, January 31, 2020

Today's Economy


Economic Roundup: The Rising Coronavirus Cost

First-quarter U.S. GDP has a lot to overcome.

Canada Weekly: Coronavirus Contagion

The outbreak will likely be a noticeable but temporary drag on the Canadian economy.

Geopolitical Risk Calendar: Coronavirus Cases Rise Dramatically

The economic hit disproportionately affects China; elsewhere, the U.K. leaves the EU.

Europe Daily Briefing: A Friday to Remember

Brexit, euro zone GDP and inflation, coronavirus—you name it.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, January 31, 2020

Brazil's consumer prices likely continued to rise in January.

Forecaster’s Mailbag: Asia and the Coronavirus

The economic impacts in China are pronounced; the impacts abroad are rising.

U.S. Road to Recession: Sticking With the Forecast

Though the next few months could be rocky, risks remain modest.

Europe Weekly Highlights and Preview: 31 January, 2020

Retail sales likely fell across most of the euro zone countries in December.

» VIEW MORE COMMENTARY



Today's Economic Indicators


France
GDP
2019Q4: -0.1%
The first estimate of French fourth-quarter GDP growth was a shocker; GDP unexpectedly fell by 0.1% q/q after a 0.3% increase in the third quarter.

Thailand
Foreign Trade
Dec. 2019: US$1.9 bil

France
Household Consumption Survey
Dec. 2019: -0.3%
France’s household expenditure on goods fell by 0.3% m/m in December.

Taiwan (Province of China)
GDP
2019Q4:

Germany
Retail Sales
Dec. 2019: -3.3%
Real, calendar and seasonally adjusted retail sales fell 3.3% m/m and 0.8% y/y in December.

Euro Zone
Preliminary GDP
2019Q4: 0.1%
Preliminary numbers showed that euro zone GDP grew by 0.1% q/q in the fourth quarter, slowing from an upwardly revised 0.3% rise in the third and below expectations of 0.2%.

Euro Zone
Preliminary Consumer Price Index
Jan. 2020: 1.4%
Preliminary numbers showed that euro zone inflation rose to 1.4% y/y in January from 1.3% in December.

Brazil
Employment Situation
Dec. 2019: 11.0%
Brazil's unemployment continued to decline in December as the economy advanced further.

Chile
Employment
Dec. 2019: 7.0%
The national unemployment rate in Chile averaged 7% in the October-December rolling quarter, up from 6.7% a year earlier.

Chile
Manufacturing Production
Dec. 2019: 4.2%
Chile’s total industry ended the year with a rebound, with manufacturing leading the recovery.

Chile
Retail & Wholesale Sales
Dec. 2019: 0.6%
Chile’s retail and wholesale sales index rose 0.6% in December after two months of decline.

Canada
Industrial Product and Raw Materials Price Indexes
Dec. 2019: 0.1%
Industrial product and raw materials prices give no indication of budding inflation pressures.

Canada
Industry Output
Nov. 2019: 0.1%
Canadian GDP ticked higher in November, offsetting most of the small dip in October.

United States
Employment Cost Index
2019Q4: 0.7%
Tightening in the U.S. labor market still has not translated to a meaningful acceleration in employment costs.

United States
Personal Income
Dec. 2019: 0.2%
Personal income growth moderated in December as expected.

United States
PCE Deflator
Dec. 2019: 0.3%
U.S. consumer prices perked up a little in December, but this won’t provide much relief to a Federal Reserve whose focus is increasingly on returning inflation to its 2% objective.

United States
Personal Spending
Dec. 2019: 0.1%
Real consumer spending growth moderated in December.

United States
University of Michigan Consumer Sentiment Survey
Jan. 2020: 99.8
Consumer sentiment remains strong, and this was highlighted by its jump in late January to an eight-month high.

Colombia
Monetary Policy
Jan. 2020: 4.25%
Colombia’s central bank left the reference interest rate unchanged at its January meeting.

United States
Agricultural Prices
Dec. 2019: 0.8%
The agricultural prices received index increased 0.8% in December thanks to a small bump in crop prices.

» VIEW MORE ECONOMIC INDICATORS

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