The Economist - USA (2020-11-13)

(Antfer) #1

76 The EconomistNovember 14th 2020


Economic data

Gross domestic product Consumer prices Unemployment Current-account Budget Interest rates Currency units
% change on year ago % change on year ago rate balance balance 10-yr gov't bonds change on per $ % change
latest quarter* 2020† latest 2020† % % of GDP, 2020† % of GDP, 2020† latest,% year ago, bp Nov 11th on year ago
United States -2.9 Q3 33.1 -4.6 1.4 Sep 1.1 6.9 Oct -2.2 -15.3 1.0 -96.0 -
China 4.9 Q3 11.2 1.8 0.5 Oct 2.9 4.2 Q3§ 1.7 -5.6 3.1 §§ 6.0 6.62 5.9
Japan -9.9 Q2 -28.1 -6.4 0.1 Sep 0.2 3.0 Sep 2.6 -11.3 nil -8.0 106 3.3
Britain -9.6 Q3 78.0 -10.6 0.5 Sep 0.6 4.8 Aug†† -1.5 -18.9 0.4 -38.0 0.76 2.6
Canada -13.0 Q2 -38.7 -5.8 0.5 Sep 0.7 8.9 Oct -2.1 -13.0 0.8 -81.0 1.31 0.8
Euro area -4.3 Q3 61.1 -8.3 -0.3 Oct 0.3 8.3 Sep 2.2 -9.0 -0.5 -26.0 0.85 7.1
Austria -14.3 Q2 -38.2 -6.4 1.5 Sep 1.1 5.5 Sep 1.0 -7.4 -0.4 -35.0 0.85 7.1
Belgium -5.1 Q3 50.2 -8.1 0.7 Oct 0.4 5.2 Sep -1.6 -9.6 -0.3 -36.0 0.85 7.1
France -4.3 Q3 95.4 -10.1 nil Oct 0.7 7.9 Sep -1.6 -10.4 -0.3 -28.0 0.85 7.1
Germany -4.2 Q3 37.2 -5.8 -0.2 Oct 0.5 4.5 Sep 5.5 -7.2 -0.5 -26.0 0.85 7.1
Greece -15.3 Q2 -45.4 -8.5 -1.8 Oct -1.0 16.8 Aug -2.9 -7.5 0.9 -46.0 0.85 7.1
Italy -4.7 Q3 81.8 -10.0 -0.3 Oct -0.1 9.6 Sep 2.5 -11.0 0.7 -66.0 0.85 7.1
Netherlands -9.4 Q2 -30.0 -6.0 1.2 Oct 1.1 3.8 Mar 7.0 -6.0 -0.5 -32.0 0.85 7.1
Spain -8.7 Q3 85.5 -12.7 -0.8 Oct -0.3 16.5 Sep 0.5 -12.3 0.1 -25.0 0.85 7.1
Czech Republic -10.8 Q2 27.2 -7.0 2.9 Oct 3.2 2.8 Sep‡ -0.5 -7.7 1.2 -42.0 22.5 2.9
Denmark -7.6 Q2 -24.6 -4.0 0.4 Oct 0.4 4.8 Sep 10.0 -6.3 -0.4 -17.0 6.33 7.0
Norway -4.7 Q2 -19.0 -3.5 1.7 Oct 1.4 5.3 Aug‡‡ 1.8 -0.9 0.8 -75.0 9.09 0.6
Poland -8.0 Q2 -31.4 -4.0 3.0 Oct 3.4 6.1 Sep§ 2.8 -11.3 1.3 -90.0 3.81 1.6
Russia -8.0 Q2 na -4.4 4.0 Oct 3.3 6.3 Sep§ 1.9 -4.1 6.1 -49.0 77.0 -17.1
Sweden -4.1 Q3 18.3 -3.8 0.4 Sep 0.4 8.3 Sep§ 4.5 -4.1 0.1 1.0 8.66 12.1
Switzerland -8.3 Q2 -26.1 -4.1 -0.6 Oct -0.9 3.3 Oct 9.0 -4.6 -0.4 -1.0 0.92 7.6
Turkey -9.9 Q2 na -3.9 11.9 Oct 11.7 13.2 Aug§ -4.1 -5.6 12.4 17.0 7.82 -26.2
Australia -6.3 Q2 -25.2 -4.5 0.7 Q3 0.3 6.9 Sep 1.3 -7.6 1.0 -30.0 1.38 5.8
Hong Kong -3.4 Q3 12.6 -4.2 -2.3 Sep 0.9 6.4 Sep‡‡ 4.4 -5.8 0.7 -106 7.75 1.0
India -23.9 Q2 -69.4 -9.8 7.3 Sep 6.5 7.0 Oct 0.7 -7.8 5.9 -66.0 74.4 -3.9
Indonesia -3.5 Q3 na -2.2 1.4 Oct 1.9 7.1 Q3§ -1.8 -7.1 6.3 -72.0 14,085 -0.2
Malaysia -17.1 Q2 na -8.0 -1.4 Sep -1.1 4.6 Sep§ 2.1 -8.1 2.7 -75.0 4.13 0.2
Pakistan 0.5 2020** na -2.8 8.9 Oct 9.8 5.8 2018 -0.4 -8.0 9.9 ††† -148 158 -1.9
Philippines -11.5 Q3 36.0 -6.1 2.5 Oct 2.4 10.0 Q3§ 0.9 -7.9 3.0 -158 48.3 5.4
Singapore -7.0 Q3 35.4 -6.0 nil Sep -0.4 3.6 Q3 18.0 -13.9 0.9 -87.0 1.35 0.7
South Korea -1.3 Q3 7.9 -1.5 0.1 Oct 0.5 3.7 Oct§ 3.0 -5.8 1.7 -13.0 1,110 5.1
Taiwan 3.3 Q3 18.9 -0.2 -0.2 Oct -0.3 3.8 Sep 12.3 -1.5 0.3 -40.0 28.5 6.7
Thailand -12.2 Q2 -33.4 -5.9 -0.5 Oct -0.8 1.9 Aug§ 3.1 -6.4 1.2 -40.0 30.3 0.2
Argentina -19.1 Q2 -50.7 -11.3 36.6 Sep‡ 42.0 13.1 Q2§ 2.4 -9.2 na -464 79.5 -25.0
Brazil -11.4 Q2 -33.5 -5.2 3.9 Oct 3.1 14.4 Aug§‡‡ -0.4 -15.9 2.0 -260 5.39 -23.0
Chile -14.1 Q2 -43.3 -5.9 2.9 Oct 2.9 12.3 Sep§‡‡ 0.2 -8.9 2.6 -61.0 758 0.1
Colombia -15.5 Q2 -47.6 -7.3 1.7 Oct 2.6 15.8 Sep§ -4.6 -8.8 5.0 -94.0 3,635 -8.1
Mexico -8.6 Q3 57.4 -9.1 4.1 Oct 3.4 3.3 Mar 1.8 -5.3 5.7 -112 20.6 -7.1
Peru -30.2 Q2 -72.1 -13.0 1.7 Oct 1.8 15.5 Sep§ -1.1 -9.2 3.9 -25.0 3.62 -6.9
Egypt -1.7 Q2 na 3.6 4.6 Oct 4.7 9.6 Q2§ -3.4 -9.4 na nil 15.6 3.3
Israel -6.7 Q2 -28.8 -5.7 -0.7 Sep -1.0 4.7 Sep 3.4 -10.4 0.8 -10.0 3.38 3.5
Saudi Arabia 0.3 2019 na -5.2 5.7 Sep 3.4 9.0 Q2 -3.9 -10.9 na nil 3.75 nil
South Africa -17.1 Q2 -51.0 -7.7 2.9 Sep 3.5 23.3 Q2§ -2.1 -16.0 8.8 35.0 15.7 -5.3
Source: Haver Analytics. *% change on previous quarter, annual rate. †The Economist Intelligence Unit estimate/forecast. §Not seasonally adjusted. ‡New series. **Year ending June. ††Latest 3 months. ‡‡3-month moving
average. §§5-year yield. †††Dollar-denominated bonds.

Commodities
TheEconomist commodity-price index % change on
2015=100 Nov 3rd Nov 10th* month year
DollarIndex
AllItems 128.0 132.3 3.2 21.4
Food 105.3 109.8 4.9 12.2
Industrials
All 149.2 153.2 2.2 28.5
Non-foodagriculturals 106.5 108.8 5.0 12.4
Metals 161.9 166.4 1.6 32.1
SterlingIndex
Allitems 149.5 152.4 1.2 17.6
EuroIndex
Allitems 121.0 124.1 2.6 13.1
Gold
$ peroz 1,905.1 1,884.6 -0.4 29.9
Brent
$ perbarrel 39.8 43.7 2.8 -30.5
Sources:Bloomberg; CME Group; Cotlook; Refinitiv Datastream;
Fastmarkets;FT; ICCO; ICO; ISO; Live Rice Index; LME; NZ Wool
Services;Thompson Lloyd & Ewart; Urner Barry; WSJ. *Provisional.

Markets
% change on: % change on:
Index one Dec 31st index one Dec 31st
In local currency Nov 11th week 2019 Nov 11th week 2019
United States S&P 500 3,572.7 3.8 10.6
United States NAScomp 11,786.4 1.7 31.4
China Shanghai Comp 3,342.2 2.0 9.6
China Shenzhen Comp 2,264.0 0.1 31.4
Japan Nikkei 225 25,349.6 7.0 7.2
Japan Topix 1,729.1 6.3 0.4
Britain FTSE 100 6,382.1 8.5 -15.4
Canada S&P TSX 16,774.1 4.8 -1.7
Euro area EURO STOXX 50 3,467.3 9.7 -7.4
France CAC 40 5,445.2 10.6 -8.9
Germany DAX* 13,216.2 7.2 -0.2
Italy FTSE/MIB 20,993.0 8.4 -10.7
Netherlands AEX 599.2 6.0 -0.9
Spain IBEX 35 7,793.7 14.9 -18.4
Poland WIG 51,280.0 8.4 -11.3
Russia RTS, $ terms 1,233.8 11.3 -20.3
Switzerland SMI 10,532.3 2.4 -0.8
Tu r ke y BIST 1,279.2 9.6 11.8
Australia All Ord. 6,651.1 6.2 -2.2
Hong Kong Hang Seng 26,227.0 5.4 -7.0
India BSE 43,593.7 7.3 5.7
Indonesia IDX 5,509.5 7.9 -12.5
Malaysia KLSE 1,570.1 7.2 -1.2

Pakistan KSE 41,197.3 2.3 1.1
Singapore STI 2,713.3 7.8 -15.8
South Korea KOSPI 2,485.9 5.5 13.1
Taiwan TWI 13,262.2 3.1 10.5
Thailand SET 1,345.3 10.1 -14.8
Argentina MERV 51,435.0 9.4 23.4
Brazil BVSP 104,808.8 7.1 -9.4
Mexico IPC 40,859.0 9.0 -6.2
Egypt EGX 30 10,997.7 4.2 -21.2
Israel TA-125 1,465.9 3.9 -9.3
Saudi Arabia Tadawul 8,449.7 4.5 0.7
South Africa JSE AS 57,607.3 7.4 0.9
World, dev'd MSCI 2,528.2 4.6 7.2
Emerging markets MSCI 1,178.9 3.8 5.8

US corporate bonds, spread over Treasuries
Dec 31st
Basis points latest 2019
Investment grade 152 141
High-yield 486 449
Sources: Refinitiv Datastream; Standard & Poor's Global Fixed Income
Research. *Total return index.

Formorecountriesandadditionaldata,visit
Economist.com/indicators

Economic & financial indicators

Free download pdf