Economy.com: Daily Update
| Tuesday, September 13, 2022 |
| Today's Economy
Economic Roundup: Coming In (Too) Hot August’s CPI print all but ensures a 75-basis point increase at the Fed’s FOMC meeting next week. LatAm Daily Briefing: Colombia Overperforms, but Headwinds Blow Twin deficits, inflation and reduced revenues threaten a highly robust economy. Europe Daily Briefing: U.K. Labour Market Shines Bright Strong employment and wage gains won't prevent the economy from entering recession. Asia-Pacific Daily Briefing: Lower Demand Eases Supply-Chain Stress Though it seems like things are back to normal, less supply stress could indicate trouble ahead. » VIEW MORE TODAY'S ECONOMY
Commentary
APAC Chartbook: Is Monetary Policy Working? Central banks are hiking rates as prices rise. U.S. Weekly Highlights and Preview, September 12, 2022 Odds rise for a 75-basis point rate hike. U.S. Chartbook: Still Holding up Despite headwinds the economy is showing continued strength. Six Months In, Russian Economy Battling Recession Despite showing some resilience from sanctions, Moscow has been unable to avoid economic decline. » VIEW MORE COMMENTARY
Today's Economic Indicators
Germany
Consumer Price Index
Aug. 2022: 7.9% y/y
Germany’s year-on-year CPI inflation rate rose to 7.9% in August from 7.5% in July. Spain
Consumer Price Index
Aug. 2022: 10.5% y/y
Spain's consumer price index rose by 10.5% in yearly terms in August after a 10.8% gain in July. United Kingdom
Unemployment
Jul. 2022: 3.6%
The U.K. unemployment rate fell by 0.2% in the three months leading up to July compared to the three months leading up to June, at 3.6%. United States
NFIB Small Business Survey
Aug. 2022: 91.8
The NFIB Small Business Optimism Index increased from 89.9 in July to 91.8 in August. United States
Consumer Price Index
Aug. 2022: 0.1% m/m
Consumers did not get quite as much relief as expected on the inflation front in August despite another sharp drop in gasoline prices. Canada
RPS House Price Index
Aug. 2022:
United States
Treasury Budget
Aug. 2022: -$219.6 bil
The end of federal pandemic aid, along with a strong tax filing season in April, will allow the U.S. Japan
Machinery Orders
Jul. 2022:
» VIEW MORE ECONOMIC INDICATORS |
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