| Today's Economy
Economic Roundup: Dip in Confidence The Conference Board Consumer Confidence index came in weak in June. Europe Daily Briefing: Great Expectations German businesses shake off their gloom in June, as markets digest a Middle East ceasefire. LatAm Daily Briefing: Chile Inflation Heading Lower Inflation in Chile is a fading threat. Asia-Pacific Daily Briefing: A New South Korean President Does Wonders for Sentiment The consumer sentiment index hit a four-year high. » VIEW MORE TODAY'S ECONOMY
Commentary
Downside Risks Threaten the GCC Outlook The conflict between Iran and Israel poses increased risks to Gulf Cooperation Council countries. U.K. Housing Market Report 2025Q2 Improving affordability means the housing market should revive in the second half of the year. U.S. Chartbook: No Signs of Reassurance Recent indicators suggest worsening conditions, keeping a cloud of uncertainty over the U.S. economy. U.S. Weekly Highlights and Preview, June 20, 2025 We forecast a modest gain in the Conference Board's consumer confidence index for June. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Consumer Price Index
May. 2025: 1.2% y/y
Malaysia's headline inflation dropped to 1.2% y/y in May from 1.4% the prior month. Netherlands
GDP
2025Q1: 0.4% q/q
The revised estimate for Dutch real GDP in the first quarter showed an expansion of 0.4% quarter over quarter, a modest improvement compared with April’s preliminary estimate. Taiwan (China)
Industrial Production
May. 2025: 22.6% y/y
Taiwan's industrial production rose 22.6% y/y in May, lower than April's revised reading of 23.7%. United States
Current Account
2025Q1: -$450.2 bil
The U.S. current account deficit grew by 44% in the first quarter of 2025 to $450.2 billion (6% of GDP), from an upwardly revised $312 billion (4.2% of GDP) in the fourth quarter. Canada
Consumer Price Index
May. 2025: 1.7% y/y
CPI inflation held steady in May as a jump in travel prices offset cooling rents. United States
S&P CoreLogic Case-Shiller® Home Price Indexes
Apr. 2025: 3.4% y/y
House prices fell further in April, according to the S&P CoreLogic Case-Shiller Home Price Index, slipping 0.4% from the prior month. United States
FHFA Purchase-Only House Price Index
Apr. 2025: 3.0% y/y
The Federal Housing Finance Agency Purchase-Only House Price Index was up 3% on a year-ago basis. United States
Philadelphia Fed Nonmanufacturing Survey
Jun. 2025: -17.3
Service-sector activity has contracted sharply in June, according to the latest survey from the Philly Fed. United States
Richmond Fed Manufacturing Survey
Jun. 2025: -7
Fifth District factory activity remained weak in June, according to the Richmond Fed’s Manufacturing Survey. United States
Conference Board Consumer Confidence
Jun. 2025: 93.0
Consumer confidence fell back in June, paring half of May’s gain. United States
Regional and State Employment
May. 2025:
May’s state and regional employment report points to a labor market that is tapping the brakes. New Zealand
Foreign Trade
May. 2025:
Australia
Consumer Price Index
May. 2025:
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