Reports
Australia: only a marginal drop for the stubborn CPI plateau
Australian central bankers recently ruled out rate cuts until 2025. With official May CPI data unavailable until the end of June, our nowcast gives an early insight into whether the RBA will stick to this stance.
Reports
India set to close fiscal year with solid growth as Modi seeks re-election
Reports
Mexican GDP picks up as voters prepare to judge AMLO’s party
With Mexico's election less than two weeks away, economic growth is estimated to have accelerated. According to the daily GDP nowcast CEIC sources from Now-Casting Economics, real GDP growth accelerated to a 2.2% year-on year pace in Q2 from 1.6% in the previous quarter.
Reports
Indonesian inflation is easing after surprise rate hike shores up the rupiah
Indonesia's central bank recently implemented a surprise rate hike to support the rupiah. Our proprietary weekly inflation nowcast is suggesting that this move is having the desired impact of reducing price growth, as well.
Reports
Brazil’s floods interrupt the disinflationary trend that had reassured central bankers
The devastating, El Nino-linked flooding in Brazil has disrupted the nation's trajectory of steady growth and falling inflation. CEIC's nowcast shows that price increases are ticking up in real time amid livestock losses and ruined crops in the nation's southern agricultural heartland.
Reports
Australian inflation keeps plateauing – and the RBA is concerned
Reports
Our Brazil GDP nowcast is less bullish than before
Brazil probably had a weaker first quarter than CEIC's proprietary GDP nowcast had previously anticipated. Nonetheless, it is still estimated to have grown at a faster rate than the previous quarter.
Reports
Swiping cards and eating sandwiches on the go: real-time indicators of weaker UK spending
To get a real-time sense of consumer confidence, watch Britons' daily use of their payment cards – especially their spending on takeaway sandwiches and coffee.
Reports
Stubborn core inflation in Japan and UK persists, our nowcasts say
Global inflation has proven sticky in 2024. CEIC's newest proprietary nowcasts suggest the situation is unlikely to change soon.
Reports
India's volatile food prices and their link to the palm oil plantations of Malaysia
In a welcome trend for Indian consumers, vegetable oil prices are falling after a surge earlier in the year. To explore the roots of this price movement, we travel to the key sources of palm oil: Malaysia and Indonesia, which together account for 80% of global exports.
Reports
Tracking the tight Trump-Biden race in the polls
CEIC has added polling data from YouGov (in partnership with the Economist magazine) tracking Americans' voting intentions. The most recent survey indicates that Donald Trump and Joe Biden continue to be in a tight race, with the former president recently pulling ahead of the incumbent by a single percentage point.
Reports
Trade-weighting Indonesia's rupiah: the rate surprise wasn't just to fend off dollar strength
Trade-weighted exchange rates strip away the outsized importance of the dollar in global currency markets, enabling a more holistic perspective on an economy. Indonesia, which implemented a surprise rate hike recently to shore up the rupiah, is an interesting case in point.