Today's Economy Economic Roundup: Reduced Inflation Fears Support Consumer Sentiment U.S. consumer sentiment improved in May more than expected as inflation fears ebbed. Canada Weekly: The Spring Freeze Oil producers will still face troubles this year despite recent progress. Asia-Pacific Daily Briefing: Look Beyond Malaysia's Headline Production Surge Production jumped 50.1% y/y in April on low base effects; over the month it fell by 4.5%. U.S. Inflation Heat Map Update Temporary factors keep inflation running hot. » VIEW MORE TODAY'S ECONOMY
Commentary Latin America Weekly Highlights and Preview, June 11, 2021 Argentina's annual inflation rate likely accelerated to 49.3% in May. Europe Weekly Highlights and Preview, 11 June, 2021 Inflation jumped above the ECB target rate. Asia-Pacific Weekly Highlights and Preview: 11 June, 2021 China's economic data will continue to cool due to base effects and easing pent-up demand. Macro Roundup: Watching China’s Producer Prices Along with the significant base effect lifting annual comparisons, there is also a sizable push from current demand pressures. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia Industrial Production Apr. 2021: 50.1% y/y Malaysia's industrial production increased by 50.1% y/y in April, up from a 9.3% increase in March. Spain Consumer Price Index May. 2021: 2.7% y/y Spain's consumer price index rose by 2.7% in yearly terms in May, after a 2.2% gain in April. United Kingdom Monthly GDP Apr. 2021: 2.3% m/m The U.K.’s gradual easing of lockdown measures and brisk vaccination pace helped boost GDP in April, with output increasing by 2.3% m/m, building on March's 2.1% increase. Mexico Industrial Production Apr. 2021: 36.6% y/y Mexico’s industrial production reported amplified annual growth, benefited by the low comparison base of last year. India Industrial Production Apr. 2021: 134.4% y/y Quick estimates of India's industrial production in April recorded a dramatic fall of nearly 20 index points from March’s upwardly revised posting of 145.5, or 13.7% m/m. Canada Industrial Capacity Utilization 2021Q1: 81.7% Canadian industrial capacity utilization ramped up again in the first quarter. Peru Monetary Policy Jun. 2021: 0.25% Policymakers sat tight in the June meeting, leaving the benchmark interest rate unchanged at 0.25%. Russian Federation Foreign Trade Apr. 2021: US$10.6 bil Russia’s trade balance continued its recovery path in April. United States Moody’s Analytics & CNN Business Back-to-Normal Index June 09: 88.1 The Moody’s Analytics & CNN Business Back-to-Normal Index took a step backward this week. United States University of Michigan Consumer Sentiment Survey Jun. 2021: 86.4 U.S. consumer sentiment rebounded more than expected in June, reversing more than half of May’s large drop, according to the University of Michigan’s preliminary report. United States Moody's Analytics Inflation Expectations Pulse June 04: 2.30% Inflation expectations edged up in the week ended June 6, 2021. Russian Federation Monetary Policy Jun. 2021: 5.5% Renewed acceleration in inflation prompted the Central Bank of Russia to implement its third consecutive key policy rate hike at its June meeting. World Moody's Analytics Global CPI May. 2021: 0.4% Our estimate of worldwide inflation picked up to 5% y/y in May from 4.6% in April. United States Cox Automotive/Moody’s Analytics Vehicle Affordability Index May. 2021: Uruguay Industrial Production Apr. 2021: 24.5% y/y » VIEW MORE ECONOMIC INDICATORS |