Economy.com: Daily Update
| Today's Economy
Capital Market View: There Isn't a Glaring Disconnect Between Employment and GDP Factoring in productivity growth, employment and GDP are telling similar things. LatAm Daily Briefing: Beware the Excess-Demand Hype Man Economists often assume LatAm’s inflation challenges are the result of overly generous monetary policy. Inside Economics Podcast: Episode 66—The Soft Landing A U.S. recession without rapidly rising unemployment would buck a long-standing trend. Europe Daily Briefing: Italian Retail Sales Jump in May June's lower consumer confidence in Italy is worrying. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Weekly Highlights and Preview, July 11, 2022 Fed officials don’t seem concerned about a recession. U.S. Employment Report, Cont'd The job situation in June should alleviate some of the growing fear that the U.S. economy is in recession. Latin America Weekly Highlights and Preview, July 8, 2022 Inflation continues its relentless march across the region. RBNZ Preview: Speeding Ahead New Zealand’s central bank will deliver its third consecutive 50-basis point hike on Wednesday. » VIEW MORE COMMENTARY
Today's Economic Indicators
Canada
RPS House Price Index
Jun. 2022:
Denmark
Consumer Price Index
Jun. 2022: 8.2% y/y
Danish CPI increased by 8.2% year over year, up from 7.4% in May. Norway
Consumer Price Index
Jun. 2022: 6.3% y/y
Norway's month-on-month CPI increased by 0.9% in June, and increased 6.3% from June of last year. Norway
Industrial Production
May. 2022: 0.7% m/m
Italy
Retail Sales
May. 2022: 1.9% m/m
Italy’s month-on-month retail sales were up 1.9% in May, thanks to solid growth both in food and nonfood spending. World
Moody's Analytics Survey of Business Confidence
July 08: -4.7
Global business sentiment is weak, with negative responses to the survey outnumbering positive ones. Philippines
Foreign Trade
May. 2022:
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