Currently, the global economy is in a period of and . Inflation remains the largest concern in most markets but has recently begun to globally with only
30
countries reporting higher inflation this month than last month.

The Zoomed Out View

Aggregate charts for a better picture of what the entire global economy is experiencing. They change from time to time but we tend to highlight the current buzz from a zoomed out view.

Real GDP Growth

Quarterly real GDP growth year-over-year changes. Total number of countries with Real GDP growth rising minus the number of countries with falling Real GDP Growth. Real GDP Growth equals GDP Growth - Inflation for a more true calculation of how an economy grew.

The most recent reporting period is9-2023. Be aware that countries release their data at different times. It takes 1-2 months for complete data from all countries to be available for the most recently reported period.
The most recent reporting period is9-2023. It takes 1-2 months for complete data from all countries to be available for the most recently reported period.
Latest
Reported17
Higher9
Lower6
Unchanged2

** A positive reading indicates more countries are reporting a higher value than countries that are reporting a lower value. Positive numbers should be read as global expansion of the indicator and negative numbers as global contraction of the indicator.

Upcoming Economic Releases

All of the events below are considered high impact.
CountryEventActualEstimatePrevious
Monday, Oct 14th
🇨🇳ChinaBalance of Trade (Sep)81.7189.891.02
Tuesday, Oct 15th
Employment Change (Aug)373250265
Unemployment Rate (Aug)44.14.1
🇩🇪GermanyZEW Economic Sentiment Index (Oct)13.1103.6
🇨🇦CanadaCPI Median YoY (Sep)2.32.32.3
🇨🇦CanadaCPI Trimmed-Mean YoY (Sep)2.42.52.4
🇨🇦CanadaInflation Rate YoY (Sep)1.61.82
🇺🇸United StatesNY Empire State Manufacturing Index (Oct)-11.93.811.5
Wednesday, Oct 16th
Inflation Rate YoY (Sep)1.71.92.2
🇩🇪GermanyRetail Sales YoY (Jul)
🇩🇪GermanyRetail Sales MoM (Aug)
🇩🇪GermanyRetail Sales MoM (Jul)
🇩🇪GermanyRetail Sales MoM (Jun)0.7
🇩🇪GermanyRetail Sales YoY (Aug)
🇩🇪GermanyRetail Sales YoY (Jun)3
🇪🇺European UnionECB President Lagarde Speech
🇯🇵JapanBalance of Trade (Sep)-294.3-237.6-703.2
Thursday, Oct 17th
🇦🇺AustraliaEmployment Change (Sep)64.12542.6
🇦🇺AustraliaUnemployment Rate (Sep)4.14.24.1
🇪🇺European UnionCPI (Sep)126.6126.63126.72
🇪🇺European UnionDeposit Facility Rate3.253.253.5
🇪🇺European UnionECB Interest Rate Decision3.43.43.65
🇺🇸United StatesInitial Jobless Claims (Oct/12)241260260
🇺🇸United StatesRetail Sales Ex Autos MoM (Sep)0.50.10.2
🇺🇸United StatesRetail Sales MoM (Sep)0.40.30.1
🇺🇸United StatesJobless Claims 4-week Average (Oct/12)236.25232231.5
🇺🇸United StatesRetail Sales Ex Gas/Autos MoM (Sep)0.70.10.3
🇺🇸United StatesContinuing Jobless Claims (Oct/05)186718701858
🇺🇸United StatesRetail Sales YoY (Sep)1.71.62.2
🇪🇺European UnionECB Press Conference
🇯🇵JapanInflation Rate YoY (Sep)2.73
Friday, Oct 18th
🇨🇳ChinaRetail Sales YoY (Sep)2.52.1
🇨🇳ChinaGDP Growth Rate YoY (Q3)4.54.7
🇨🇳ChinaIndustrial Production YoY (Sep)4.64.5
🇨🇳ChinaUnemployment Rate (Sep)5.35.3
Retail Sales ex Fuel YoY (Sep)3.22.3
Retail Sales ex Fuel MoM (Sep)-0.31.1
Retail Sales YoY (Sep)3.22.5
Retail Sales MoM (Sep)-0.31
🇺🇸United StatesBuilding Permits (Sep)1.461.47

Don't let the economy surprise you.

Economic releases, key earnings, speeches, weather, and other market moving events for the week ahead are highlighted in our weekly Sunday note.

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