Economy.com: Daily Update
| Today's Economy
Economic Roundup: Another Day, Another Decline in Q2 U.S. GDP Tracking Estimate Industrial production rose less than anticipated in May, putting GDP tracking at 0.6% SAAR. Canada Weekly: Trade Displacing Trade bottlenecks have been a dominant force driving inflation pressures. Capital Market View: Lost That Lovin' Feeling Some measures of U.S. consumer and business confidence suggest doom and gloom. Geopolitical Risk Calendar: Colombia Presidential Endgame The country heads to the polls on Sunday to vote for a new president. » VIEW MORE TODAY'S ECONOMY
Commentary
U.S. Risk Matrix: A Shift Rising interest rates at home and in Europe may prove more problematic than previously expected. Latin America Weekly Highlights and Preview, June 17, 2022 Colombia's manufacturing output keeps expanding while industrial production gets a boost in Mexico. Europe Weekly Highlights and Preview, 17 June, 2022 Next week's economic data will likely be calm, with some relief in fuel prices. Global Outlook: The Big Challenge Inflation tops the list for policymakers worldwide. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Foreign Trade
May. 2022: MYR12.6 bil
Malaysia’s trade surplus slipped to MYR12.6 billion in May from the previous month’s MYR23.5 billion, landing well below market expectations. Austria
Consumer Price Index
May. 2022: 7.7% y/y
Bloated by the transportation segment, consumer prices increased 7.7% year over year in May, exceeding April's 7.2%. Hong Kong SAR (China)
Employment Situation
May. 2022: 5.1%
The seasonally adjusted unemployment rate in Hong Kong dropped to 5.1% for the March-to-May period, compared with 5.4% for the February-to-April period. Euro Zone
Consumer Price Index
May. 2022: 8.1% y/y
The final estimate of the euro zone’s Harmonized Index of Consumer Prices confirmed an 8.1% year-on-year inflation rate for May, up from 7.4% in April. Canada
Industrial Product and Raw Materials Price Indexes
May. 2022: 1.7% m/m
Producer prices recorded yet another month of worrisome growth. Canada
International Transactions in Securities
Apr. 2022: C$22.2 bil
Money comes, money goes. United States
Industrial Production
May. 2022: 0.2% m/m
U.S. industrial production rose less than anticipated in May, another sign that the economy has lost momentum. United States
Regional and State Employment
May. 2022:
The May employment report for state and regional economies generally pulled in the right direction, but growth is starting to slow from previous reports. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
June 15: 92.3
The Moody’s Analytics & CNN Business Back-to-Normal Index took a step in the wrong direction this week. United States
Conference Board Leading Indicators
May. 2022: -0.4%
The Conference Board Leading Economic Index fell by 0.4% in May, matching consensus expectations. » VIEW MORE ECONOMIC INDICATORS |
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