Today's Economy Economic Roundup: May Bows Out. Who Comes Next? The chances of a no-deal Brexit have significantly increased. Europe Daily Briefing: Brexit's May Twist Theresa May stepped down, leaving the door open for a hardliner Eurosceptic to take her place. Canada Weekly: The Inflation Illusion Higher interest rates are having a counterintuitive effect on inflation. Asia-Pacific Daily Briefing: India's Tough Economic Mandate India's incumbent BJP has been returned to office with a stronger majority. » VIEW MORE TODAY'S ECONOMY
Commentary Europe Weekly Highlights and Preview, 24 May, 2019 Inflation pressures should have eased across most major euro zone economies. Asia-Pacific Weekly Highlights and Preview, 24 March, 2019 Chinese manufacturing sentiment likely improved in May. India's negative output gap persists. May Exits Brexit. What Now? The next U.K. prime minister is likely to be a hardline Brexiteer who won’t solve the current deadlock. U.S. State Budgets Preview Overall economic conditions are strong, but there are spending challenges in education, healthcare and infrastructure. » VIEW MORE COMMENTARY
Today's Economic Indicators
United Kingdom Retail Sales Apr. 2019: 5.2% U.K. retail sales again beat expectations, gaining 5.2% y/y in April and exceeding the consensus of 4.1%. United States Durable Goods (Advance) Apr. 2019: -2.1% New orders for durable manufactured goods fell 2.1% in April, their second decrease in the last three months. Mexico Economic Activity Index Mar. 2019: 1.3% Economic activity in Mexico did not improve significantly in March, despite the positive effect of the timing of Easter. Mexico GDP 2019Q1: 1.2% As expected, Mexico's economy decelerated at the beginning of the year, coinciding with the beginning of the new administration. Mexico Trade Balance Apr. 2019: US$1,370.2 mil The trade balance remained in positive territory in April as imports stayed moderated. Russian Federation Retail Sales Apr. 2019: 1.2% Russia's retail sales growth printed at 1.2% y/y in April, down from 1.6% in March. Russian Federation Unemployment Apr. 2019: 4.7% Russia’s unemployment rate remained steady at 4.7% in April, in line with our forecast. » VIEW MORE ECONOMIC INDICATORS |
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