Economy.com: Daily Update
| Monday, September 02, 2024 |
| Today's Economy
Asia-Pacific Daily Briefing: Inflation Holds Nice and Steady in Indonesia A rate cut in the December quarter is probable. Geopolitical Risk Calendar: Canada Levies Tariffs on China From 1 October, a 100% tariff will apply to Chinese electric vehicles. Economic Roundup: No News Is Good News With no surprises from the latest PCE deflator, the Fed will start loosening policy in mid-September. Canada Weekly: Aboard the Tariff Bandwagon Canada slapped a 100% surtax on Chinese-made EVs, mirroring moves made by the U.S. and Europe. » VIEW MORE TODAY'S ECONOMY
Commentary
China Chartbook: Supports Incoming Government support has been meek this year, but spending is set to finish the year strongly. U.S. Weekly Highlights and Preview, August 30, 2024 Our call for a 190,000-job payroll gain in August is above consensus and is owed to several factors. Europe Weekly Highlights and Preview: Waiting for Euro Zone GDP We expect a modest rebound in July retail sales for the euro zone, and GDP growth for the single-currency region is likely to be confirmed at 0.3% q/q. Euro Zone Inflation Tracker: Back and Forth Base effects in the energy segment, the culprit behind a July reacceleration, will likely be the cause of a lower August reading. » VIEW MORE COMMENTARY
Today's Economic Indicators
Indonesia
Consumer Price Index
Aug. 2024: 2.1% y/y
Indonesia’s headline CPI rose 2.1% y/y in August, matching July’s outcome and performing close to our and consensus expectations. Italy
GDP
2024Q2: 0.2% q/q
ISTAT confirmed that Italy's GDP increased by 0.2% quarter over quarter in the second quarter of 2024. Chile
Monthly Economic Activity Indicator
Jul. 2024: 4.2% y/y
Economic activity rebounded significantly in Julio, after underperforming in the previous two months. World
Moody's Analytics Survey of Business Confidence
August 30:
South Korea
Consumer Price Index
Aug. 2024:
» VIEW MORE ECONOMIC INDICATORS |
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