| Today's Economy
Economic Roundup: U.S. Consumers Still Losing Faith Confidence continues to plunge across various measures. Canada Weekly: Electric Feel A levy on electricity exports would raise U.S. prices and reduce grid stability. Geopolitical Risk Calendar: Trade War Escalation We remain on the watch for further tariff decisions from both the EU and the U.S. Europe Daily Briefing: One Step Back U.K. GDP inched lower in January after a strong December. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, March 14, 2025 Argentina retail sales are expected to surge 110% year over year, bolstered by improving credit conditions despite inflation challenges. U.S. Weekly Highlights and Preview, March 14, 2025 While we still expect new construction to pick up in 2025, we look for housing starts to pull back a bit further in February. U.S. Road to Recession: Clouds on the Horizon Heightened uncertainty about the path of fiscal policy is weighing on consumer and business confidence and may weaken private-sector hiring. Europe Weekly Highlights and Preview, 14 March 2025 We do not foresee the Bank of England cutting interest rates when it meets Thursday. » VIEW MORE COMMENTARY
Today's Economic Indicators
Finland
Consumer Price Index
Feb. 2025: 0.5% y/y
Finland’s CPI inflation rate dipped to 0.5% y/y in February from 0.7% y/y in January. Germany
Consumer Price Index
Feb. 2025: 2.3% y/y
Inflation remained stable at 2.3% year over year in February, unchanged from January. France
Consumer Price Index
Feb. 2025: 0.8% y/y
France’s CPI inflation rate slowed to 0.8% year over year in February from 1.6% in January. Spain
Consumer Price Index
Feb. 2025: 3.0% y/y
Spain's CPI inflation rate rose to 3% year over year in February, up from 2.9% in January. United Kingdom
Monthly GDP
Jan. 2025: -0.1% m/m
The 0.1% month-on-month fall in U.K. Italy
Industrial Production
Jan. 2025: 3.2% m/m
Italy's industrial production rebounded by 3.2% month over month in January, offsetting December’s drop. Brazil
Retail Sales Index
Jan. 2025: 3.1% y/y
Retail consumption reported a moderate performance at the start of the year given the increasing monetary restriction and high inflation. Canada
Survey of Manufacturing
Jan. 2025: 1.7% m/m
Total manufacturing sales jumped 1.7% in January to $73 billion, the fourth consecutive monthly increase. Canada
New Motor Vehicle Sales
Jan. 2025: 3.0% y/y
New-vehicle sales slipped by 10.2% in January, falling to 121,628 units sold. Canada
Wholesale Trade
Jan. 2025: 1.7% m/m
Wholesale trade bounced back in January. Peru
Monetary Policy
Mar. 2025: 4.75%
Concordant with our forecast, the Central Reserve Bank of Peru left the policy rate unchanged in its March meeting. United States
University of Michigan Consumer Sentiment Survey
Mar. 2025: 57.9
The University of Michigan consumer sentiment index remains at a low level. World
Moody's Analytics Global GDP
2024Q4: 3.0% q/q SAAR
Global GDP growth accelerated a touch in the fourth quarter. Colombia
Industrial Production
Jan. 2025: 1.9% y/y
Manufacturing output increased 1.9% year on year in January, the same magnitude as in the previous month. Canada
RPS House Price Index
Feb. 2025:
Uruguay
Industrial Production
Jan. 2025: 7.1% y/y
Industrial production in Uruguay showed another higher-than-expected performance in January, rising by 7.1% year on year, following an increase of 5.8% in December. Argentina
Consumer Price Index
Feb. 2025: 66.9% y/y
The national consumer price index rose 2.4% month on month in February following gains of 2.2% in the previous month and 13.2% a year earlier. » VIEW MORE ECONOMIC INDICATORS | 
