| Today's Economy
U.K. Chancellor Announces New Stimulus in Mini-Budget BoE likely to respond with tighter policy stance Geopolitical Risk Calendar: Russia Plans to Increase Invasion The EU looks to sever energy ties to Russia. Canada Weekly: Business-Cycle Brinksmanship Recession odds are rising as the Bank of Canada maintains its aggressive push to whip inflation. Europe Daily Briefing: PMIs Fall Again Latest results signal a difficult winter for the U.K. and euro zone. » VIEW MORE TODAY'S ECONOMY
Commentary
Latin America Weekly Highlights and Preview, September 23, 2022 Brazil’s central bank halts monetary tightening while Mexican retail sales advance. Europe Weekly Highlights and Preview, 23 September, 2022 Consumer confidence and retail sales tumble in the euro zone. Asia-Pacific Weekly Highlights and Preview: India and Thailand Set to Raise Rates Currency depreciation is fuelling inflation, prompting central banks to keep hiking. Global Outlook: Global Economy on Edge Record-high inflation and a more aggressive monetary policy response dampen sentiment. » VIEW MORE COMMENTARY
Today's Economic Indicators
Malaysia
Consumer Price Index
Aug. 2022: 4.7%
Malaysia’s August CPI rose 4.7% y/y, a touch above our forecast. United States
Moody's CMBS Delinquency Tracker
Aug. 2022: 4.19%
The Moody’s Delinquency Tracker total delinquency rate dropped 19 basis points to 4.19% in August. Netherlands
GDP
2022Q2: 2.6% q/q
Dutch real GDP grew 2.6% q/q in the second quarter. Singapore
Consumer Price Index
Aug. 2022: 7.5% y/y
Singapore’s August CPI came in red hot, surging by 7.5% from July’s 7% increase. Spain
GDP
2022Q2: 1.5% q/q
Spain's GDP beat expectations and recovered some lost ground in the three months to June. Taiwan (China)
Industrial Production
Aug. 2022: 3.7%
Taiwan’s industrial production grew 3.7% year on year in August, compared to an upwardly revised 1.6% year-on-year growth reading in July. United States
Financial Obligations Ratio
2022Q2: 14.27%
Household financial burdens rose for the fifth consecutive quarter in the second quarter as growth in debt payments and obligations strengthened while accelerating income growth failed to match the rise in obligations. Canada
Retail Trade
Jul. 2022: -2.5% m/m
Unsurprisingly, the change in retail sales turned starkly negative in July, following in the footsteps of the wholesale and manufacturing sales for July. United States
State and Local Government Tax Revenue
2022Q2: 11.1% y/y
Growth in state tax revenues cooled in the second quarter, but revenues remained elevated by historical standards. United States
Moody’s Analytics & CNN Business Back-to-Normal Index
September 21: 91.0
The Moody’s Analytics Back-to-Normal Index bounced back this week, rising 0.6 point from a revised 90.4 to 91 in the week ended September 21. » VIEW MORE ECONOMIC INDICATORS | 
