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, July 09, 2021

Today's Economy


Economic Roundup: China's Inflation Remains Tame

China's CPI was up 1.1% on a year-ago basis in June and will move lower over the next few months.

Canada Weekly: Chipping Away

In April—the most recent month of data—manufacturing sales in the auto industry plummeted a drastic 37% compared with March.

Geopolitical Risk Calendar: Future U.S. Infrastructure Spending Reduced

Our forecast is down slightly from a total of $1.5 billion to $1.4 billion.

Asia-Pacific Daily Briefing: China's Prices Edge Lower

The country's CPI has cooled, while PPI has passed its peak.

» VIEW MORE TODAY'S ECONOMY



Commentary


Latin America Weekly Highlights and Preview, July 9, 2021

Inflation has accelerated across the region.

Japan Risk Matrix Update: Wounded Recovery

Strengthening resilience through immunization is an imperative.

Asia-Pacific Weekly Highlights and Preview, 9 July, 2021

China's GDP growth will slow because of base effects.

Europe Weekly Highlights and Preview, 9 July, 2021

Consumers in the euro zone are largely in a good place.

» VIEW MORE COMMENTARY



Today's Economic Indicators


Canada
RPS House Price Index
Jun. 2021:

Finland
Industrial Production
May. 2021: 2.2%
Finland’s industrial production expanded by 2.2% m/m after a downwardly revised 1.3% increase in April.

United Kingdom
Monthly GDP
May. 2021: 0.8% m/m
U.K.

Austria
Industrial Production
May. 2021: 0.1%
Austria’s goods-producing sector saw further impressive year-over-year growth in May.

Italy
Industrial Production
May. 2021: -1.5%
Italy’s industrial production contracted by 1.5% m/m in May after five consecutive months of growth, as most sectors declined in monthly terms.

Norway
Consumer Price Index
Jun. 2021: 2.9
Norway’s inflation rate accelerated to 2.9% y/y in June from 2.7% in May.

China
Monetary Aggregates
Jun. 2021: 8.6% y/y

Canada
Labor Force Survey
Jun. 2021: 7.8%
Canada's labor market has come roaring back.

Netherlands
Industrial Production
May. 2021: 16.5% y/y
Base effects of the pandemic continue to juice year-ago growth in industrial production in the Netherlands, which jumped 16.5% in May.

United States
Moody’s Analytics & CNN Business Back-to-Normal Index
July 07: 91.3
The Moody’s Analytics & CNN Business Back-to-Normal Index inched down this week from a revised 91.6 to 91.3.

United States
Moody's Analytics Inflation Expectations Pulse
July 04: 2.4%
Ten-year PCE inflation expectations held steady near 2.4%.

United States
Wholesale Trade (MWTR)
May. 2021: 1.3% m/m
Wholesale inventories jumped 1.3% in May, a touch stronger than anticipated.

» VIEW MORE ECONOMIC INDICATORS

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