The Economist - USA (2022-03-12)

TheEconomistMarch12th 2022

Economic& financial indicators

76

Economic data

Grossdomesticproduct Consumerprices Unemployment Current-account Budget Interestrates Currencyunits

% change on year ago % change on year ago rate balance balance 10-yr gov't bonds change on per $ % change

latest quarter* 2022† latest 2022† % % of GDP, 2022† % of GDP, 2022† latest,% year ago, bp Mar 9th on year ago

UnitedStates 5.6 Q4 7.0 3.4 7.5 Jan 5.2 3.8 Feb -3.3 -7.4 1.9 39.0 -

China 4.0 Q4 6.6 5.2 0.9 Feb 2.4 5.1 Dec‡§ 1.8 -5.0 2.6 §§ -51.0 6.32 3.2

Japan 0.4 Q4 4.6 2.9 0.5 Jan 1.2 2.8 Jan 2.4 -5.3 nil -8.0 116 -6.1

Britain 6.5 Q4 3.9 4.1 5.5 Jan 5.4 4.1 Nov†† -3.3 -5.4 1.3 49.0 0.76 -5.3

Canada 3.3 Q4 6.7 3.8 5.1 Jan 3.8 6.5 Jan nil -7.5 1.9 45.0 1.28 -1.6

Euroarea 4.6 Q4 1.0 4.0 5.8 Feb 3.6 6.8 Jan 3.2 -4.0 0.2 53.0 0.91 -7.7

Austria 5.5 Q4 -2.0 3.9 5.9 Feb 2.8 4.9 Jan 1.4 -2.9 0.6 68.0 0.91 -7.7

Belgium 5.6 Q4 2.1 3.9 8.0 Feb 4.6 5.6 Jan 1.3 -4.7 0.6 70.0 0.91 -7.7

France 5.4 Q4 2.9 3.9 3.6 Feb 2.2 7.0 Jan -1.3 -4.9 0.5 53.0 0.91 -7.7

Germany 1.8 Q4 -1.4 3.2 5.1 Feb 4.2 3.1 Jan 6.5 -2.6 0.2 53.0 0.91 -7.7

Greece 7.4 Q4 1.7 4.2 6.3 Jan 4.3 13.3 Jan -3.9 -4.3 2.4 149 0.91 -

Italy 6.2 Q4 2.3 4.4 5.7 Feb 3.5 8.8 Jan 3.5 -5.5 1.7 97.0 0.91 -

Netherlands 6.2 Q4 3.8 3.7 6.4 Jan 5.7 3.6 Jan 8.8 -4.3 -0.2 36.0 0.91 -

Spain 5.2 Q4 8.3 6.0 7.4 Feb 3.7 12.7 Jan 1.3 -5.4 1.0 63.0 0.91 -

CzechRepublic 3.7 Q4 3.8 4.1 9.9 Jan 8.1 2.3 Jan‡ -0.9 -4.3 3.5 171 22.9 -

Denmark 4.3 Q4 4.5 2.7 4.3 Jan 2.0 2.7 Jan 8.6 nil 0.5 65.0 6.74 -

Norway 5.4 Q4 0.3 3.3 3.2 Jan 3.6 3.3 Dec‡‡ 9.2 2.6 1.4 76.0 8.92 -4.8

Poland 7.6 Q4 7.0 4.9 9.2 Jan 6.2 5.5 Feb§ 0.5 -3.1 4.9 328 4.31 -10.7

Russia 4.3 Q3 na -10.1 9.2 Feb 15.0 4.4 Jan§ 8.5 -6.7 12.5 551 136 -45.4

Sweden 5.2 Q4 4.6 3.3 3.7 Jan 3.0 8.3 Jan§ 4.3 0.1 0.5 7.0 9.70 -12.2

Switzerland 3.7 Q4 1.1 3.0 2.2 Feb 1.1 2.2 Feb 5.1 0.5 0.2 52.0 0.93 il

Turkey 9.1 Q4 6.2 3.4 54.4 Feb 35.3 11.3 Dec§ -3.3 -3.9 24.2 1,070 14.7 8

Australia 4.2 Q4 14.4 3.3 3.5 Q4 3.8 4.2 Jan 1.3 -3.2 2.3 56.0 1.37 1

HongKong 4.8 Q4 0.8 0.9 1.2 Jan 2.8 3.9 Jan‡‡ 1.9 -6.6 1.8 33.0 7.82 8

India 5.4 Q4 26.6 7.0 6.0 Jan 4.6 8.1 Feb -1.6 -6.4 6.8 64.0 76.6 7

Indonesia 5.0 Q4 na 5.1 2.1 Feb 3.6 6.5 Q3§ -0.6 -4.9 6.8 -4.0 14,348 4

Malaysia 3.6 Q4 na 4.5 2.3 Jan 2.8 4.2 Jan§ 3.2 -6.1 3.7 30.0 4.19 -1.7

Pakistan 6.0 2021** na 3.0 12.2 Feb 8.0 6.9 2019 -5.1 -6.3 11.2 ††† 98.0 178 -12.0

Philippines 7.7 Q4 13.0 6.0 3.0 Feb 4.1 7.4 Q4§ -1.7 -7.4 5.4 139 52.2 -7.2

Singapore 6.1 Q4 9.5 3.8 4.0 Jan 2.9 2.4 Q4 17.5 -0.9 1.9 31.0 1.36 -0.7

SouthKorea 4.1 Q4 5.0 2.9 3.7 Feb 2.3 4.1 Jan§ 4.1 -2.9 2.7 68.0 1,237 -7.8

Taiwan 4.9 Q4 7.6 3.2 2.4 Feb 2.4 3.7 Jan 14.6 -0.7 0.7 29.0 28.4 -0.3

Thailand 1.9 Q4 7.5 2.9 5.3 Feb 1.9 1.5 Dec§ 1.8 -4.7 2.1 31.0 33.1 -6.9

Argentina 11.9 Q3 17.3 3.0 50.7 Jan 51.8 8.2 Q3§ 0.5 -4.4 na na 109 -16.6

Brazil 1.6 Q4 2.2 0.3 10.4 Jan 7.6 11.1 Dec§‡‡ -2.0 -7.7 12.2 412 4.99 16.4

Chile 17.2 Q3 21.0 3.0 7.8 Feb 8.9 7.3 Jan§‡‡ -2.7 -4.1 5.9 282 804 -8.8

Colombia 10.7 Q4 18.2 4.2 8.0 Feb 6.2 14.6 Jan§ -4.4 -6.0 9.8 398 3,744 -3.9

Mexico 1.1 Q4 0.1 1.9 7.3 Feb 5.1 3.6 Jan -0.9 -3.3 8.3 247 21.0 1.5

Peru 3.2 Q4 -12.9 2.3 6.1 Feb 6.1 11.0 Jan§ -2.6 -2.8 6.6 188 3.72 -0.5

Egypt 9.8 Q3 na 5.3 7.2 Jan 7.0 7.4 Q4§ -4.1 -6.9 na na 15.7 nil

Israel 10.7 Q4 16.6 4.3 3.1 Jan 2.9 3.9 Jan 3.7 -2.3 2.0 84.0 3.26 2.1

SaudiArabia 3.3 2021 na 5.0 1.2 Jan 1.8 6.6 Q3 6.3 2.0 na na 3.75 nil

SouthAfrica 1.7 Q4 4.7 2.1 5.7 Jan 4.8 34.9 Q3§ -0.6 -6.0 9.9 38.0 15.0 2.7

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.

Markets

%changeon: %changeon:

Index one Dec31st index one Dec31st

Inlocalcurrency Mar9th week 2021 Mar9th week 2021

UnitedStatesS&P 500 4,277.9 -2.5 -10.2

UnitedStatesNAScomp 13,255.6 -3.6 -15.3

ChinaShanghaiComp 3,256.4 -6.5 -10.5

ChinaShenzhenComp 2,116.2 -8.5 -16.4

JapanNikkei 225 24,717.5 -6.3 -14.2

JapanTopix 1,758.9 -5.4 -11.7

BritainFTSE 100 7,190.7 -3.2 -2.6

CanadaS&PTSX 21,493.2 1.1 1.3

EuroareaEUROSTOXX 50 3,766.0 -1.4 -12.4

FranceCAC 40 6,387.8 -1.7 -10.7

GermanyDAX* 13,847.9 -1.1 -12.8

ItalyFTSE/MIB 23,889.5 -2.6 -12.6

NetherlandsAEX 688.3 -4.5 -13.7

SpainIBEX 35 8,163.1 -1.9 -6.3

PolandWIG 59,917.9 -2.8 -13.5

RussiaRTS,$ terms 936.9 nil -41.3

SwitzerlandSMI 11,493.4 -3.2 -10.7

Tu r ke yBIST 2,042.7 2.9 10.0

AustraliaAllOrd. 7,331.8 -1.0 -5.8

HongKongHangSeng 20,627.7 -7.7 -11.8

IndiaBSE 54,647.3 -1.5 -6.2

IndonesiaIDX 6,864.4 -0.1 4.3

MalaysiaKLSE 1,562.3 -2.2 -0.3

PakistanKSE 43,043.0 -3.3 -3.5

SingaporeSTI 3,195.4 -1.5 2.3

SouthKoreaKOSPI 2,622.4 -3.0 -11.9

TaiwanTWI 17,015.4 -4.8 -6.6

ThailandSET 1,643.6 -2.7 -0.8

ArgentinaMERV 87,226.4 -3.3 4.5

BrazilBVSP 113,900.3 -1.1 8.7

MexicoIPC 53,911.8 1.1 1.2

EgyptEGX 30 10,415.7 -6.9 -12.5

IsraelTA-125 2,032.7 -0.9 -1.9

SaudiArabiaTadawul 12,738.6 0.7 12.4

SouthAfricaJSEAS 72,684.8 -6.3 -1.4

World,dev'dMSCI 2,881.8 -2.8 -10.8

EmergingmarketsMSCI 1,090.7 -6.7 -11.5

UScorporatebonds,spreadoverTreasuries

Dec31st

Basispoints latest 2021

Investmentgrade 161 120

High-yield 408 332

Sources:RefinitivDatastream;Standard& Poor'sGlobalFixedIncome

Research.*Totalreturnindex.

Commodities

The Economist commodity-price index %changeon

2015=100 Mar 1st Mar 8th* month year

Dollar Index

All Items 190.0 203.1 12.9 24.0

Food 165.0 171.8 14.9 34.7

Industrials

All 213.3 232.3 11.6 17.5

Non-food agriculturals 190.9 189.5 9.5 25.2

Metals 220.0 245.0 12.1 15.9

Sterling Index

All items 217.2 236.4 16.7 31.4

Euro Index

All items 189.1 207.0 18.6 35.5

Gold

$ per oz 1,925.6 2,056.1 12.6 19.8

Brent

$ per barrel 105.0 128.2 40.8 89.5

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.

For more countries and additional data, visit

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