The Economist - USA (2022-05-21)

The EconomistMay 21st 2022

Economic & financial indicators

84

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* 2022† latest 2022† % % of GDP, 2022† % of GDP, 2022† latest,% year ago, bp May 17th on year ago

United States 3.6 Q1 -1.4 3.0 8.3 Apr 7.2 3.6 Apr -3.9 -6.6 3.0 134 -

China 4.8 Q1 5.3 5.0 2.1 Apr 2.2 6.1 Apr‡§ 2.3 -6.2 2.6 §§ -37.0 6.75 -4.6

Japan 0.2 Q1 -1.0 2.8 1.2 Mar 1.8 2.6 Mar 1.3 -6.1 nil -8.0 129 -15.5

Britain 8.7 Q1 3.0 3.9 9.0 Apr 6.7 3.7 Feb†† -1.9 -5.3 1.7 79.0 0.80 -11.2

Canada 3.3 Q4 6.7 3.8 6.8 Apr 5.7 5.2 Apr 1.2 -3.6 3.0 145 1.28 -5.5

Euro area 5.1 Q1 1.1 3.2 7.4 Apr 5.2 6.8 Mar 2.4 -4.1 1.1 116 0.95 -13.7

Austria 5.5 Q4 -2.0 2.6 7.2 Apr 6.5 4.2 Mar -1.3 -4.4 1.6 141 0.95 -13.7

Belgium 4.6 Q1 1.2 2.8 8.3 Apr 8.6 5.6 Mar -0.8 -4.9 1.6 136 0.95 -13.7

France 5.3 Q1 -0.2 3.2 4.8 Apr 4.1 7.4 Mar -1.3 -5.5 1.4 118 0.95 -13.7

Germany 3.7 Q1 0.8 1.6 7.4 Apr 6.8 2.9 Mar 5.9 -2.9 1.1 116 0.95 -13.7

Greece 7.4 Q4 1.7 3.0 10.2 Apr 6.6 12.9 Mar -5.1 -4.9 3.6 248 0.95 -1

Italy 5.8 Q1 -0.7 2.0 6.0 Apr 6.3 8.3 Mar 1.5 -5.9 3.0 186 0.95 -1

Netherlands 7.0 Q1 0.1 2.5 9.6 Apr 9.6 3.3 Mar 5.9 -3.0 1.3 128 0.95 -1

Spain 5.5 Q4 1.3 5.4 8.3 Apr 4.5 13.5 Mar 1.4 -5.7 2.0 143 0.95 -1

Czech Republic 3.7 Q4 2.8 2.2 14.2 Apr 11.9 2.4 Mar‡ -2.4 -4.8 5.0 324 23.5 -1

Denmark 6.8 Q4 -0.4 2.1 6.7 Apr 6.9 2.5 Mar 8.2 1.0 1.4 123 7.06 -1

Norway 4.8 Q1 -3.8 3.3 5.4 Apr 3.6 3.1 Feb‡‡ 9.2 2.6 1.4 76.0 9.70 -14.6

Poland 8.0 Q4 6.6 4.2 12.4 Apr 9.0 5.3 Apr§ -1.4 -4.4 6.6 463 4.42 -15.6

Russia 5.0 Q4 na -10.0 17.8 Apr 18.0 4.1 Mar§ 5.6 -4.5 10.4 320 65.5 12.9

Sweden 3.5 Q1 -1.6 2.8 6.4 Apr 4.1 8.2 Mar§ 3.4 -0.4 1.9 139 9.93 -16.0

Switzerland 3.7 Q4 1.1 2.6 2.5 Apr 2.1 2.2 Apr 6.1 0.5 0.8 87.0 0.99 1

Turkey 9.1 Q4 6.2 3.0 70.0 Apr 50.5 11.4 Mar§ -3.8 -3.7 23.4 597 15.8 1

Australia 4.2 Q4 14.4 3.2 5.1 Q1 4.3 4.0 Mar 2.0 -3.0 3.4 177 1.43 8

Hong Kong -4.0 Q1 -11.4 0.9 1.8 Mar 4.2 5.0 Mar‡‡ 0.1 -6.8 2.9 171 7.85 0

India 5.4 Q4 13.6 7.2 7.8 Apr 6.0 7.8 Apr -1.4 -6.4 7.4 140 77.6 6

Indonesia 5.0 Q1 na 5.2 3.5 Apr 4.2 5.8 Q1§ 0.3 -4.8 7.3 87.0 14,648 5

Malaysia 5.0 Q1 na 4.0 2.2 Mar 2.9 4.1 Mar§ 2.8 -6.2 4.5 133 4.39 -5.9

Pakistan 6.0 2021** na 2.7 13.4 Apr 13.0 6.3 2021 -5.3 -7.0 12.9 ††† 334 196 -22.0

Philippines 8.3 Q1 7.8 6.0 4.9 Apr 4.6 6.4 Q1§ -3.0 -7.7 6.2 227 52.4 -8.7

Singapore 3.4 Q1 1.4 3.6 5.4 Mar 4.9 2.2 Q1 17.4 -0.9 2.8 125 1.39 -3.6

South Korea 3.1 Q1 3.0 2.7 4.8 Apr 4.0 3.0 Apr§ 3.3 -2.0 3.3 117 1,275 -11.0

Taiwan 3.1 Q1 6.4 4.5 3.4 Apr 3.8 3.7 Mar 13.1 -1.2 1.4 96.0 29.7 -5.7

Thailand 2.2 Q1 4.7 2.9 4.6 Apr 5.0 1.5 Dec§ 0.1 -4.8 3.2 156 34.5 -8.9

Argentina 8.6 Q4 6.3 4.2 58.0 Apr 60.1 7.0 Q4§ 0.8 -4.3 na na 118 -20.2

Brazil 1.6 Q4 2.2 0.8 12.1 Apr 10.2 11.1 Mar§‡‡ -0.5 -7.1 12.5 313 4.98 5.6

Chile 7.2 Q1 -3.0 2.7 10.5 Apr 10.2 7.8 Mar§‡‡ -4.1 -3.4 6.7 310 850 -16.0

Colombia 8.2 Q1 4.0 4.2 9.2 Apr 9.8 12.1 Mar§ -3.6 -4.8 11.8 457 4,040 -8.8

Mexico 1.6 Q1 3.6 1.9 7.7 Apr 7.5 3.5 Mar -0.9 -3.5 8.9 204 20.0 -0.9

Peru 3.2 Q4 -12.9 2.7 8.0 Apr 7.1 7.4 Apr§ -3.0 -2.5 8.2 328 3.77 -1.9

Egypt 9.8 Q3 na 5.1 13.1 Apr 9.7 7.2 Q1§ -6.3 -7.0 na na 18.3 -14.2

Israel 9.6 Q1 -1.6 4.1 4.0 Apr 4.0 3.8 Mar 3.0 -2.0 2.6 134 3.35 -2.1

Saudi Arabia 3.2 2021 na 6.7 2.3 Apr 2.3 6.9 Q4 14.9 10.1 na na 3.75 nil

South Africa 1.7 Q4 4.7 2.1 6.0 Apr 5.8 35.3 Q4§ -1.1 -6.1 10.0 87.0 16.0 -11.6

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. SourceSource: Haver Analytics

Markets

% change on: % change on:

Index one Dec 31st index one Dec 31st

In local currency May 18th week 2021 May 18th week 2021

United StatesS&P 500 3,923.7 -0.3 -17.7

United StatesNAScomp 11,418.2 0.5 -27.0

ChinaShanghai Comp 3,086.0 0.9 -15.2

ChinaShenzhen Comp 1,941.5 1.2 -23.3

JapanNikkei 225 26,911.2 2.7 -6.5

JapanTopix 1,884.7 1.8 -5.4

BritainFTSE 100 7,438.1 1.2 0.7

CanadaS&P TSX 20,101.4 1.3 -5.3

Euro areaEURO STOXX 50 3,690.7 1.2 -14.1

FranceCAC 40 6,352.9 1.3 -11.2

GermanyDAX* 14,007.8 1.3 -11.8

ItalyFTSE/MIB 24,085.8 1.5 -11.9

NetherlandsAEX 693.0 1.5 -13.1

SpainIBEX 35 8,476.4 2.0 -2.7

PolandWIG 56,292.6 4.4 -18.8

RussiaRTS, $ terms 1,212.6 7.9 -24.0

SwitzerlandSMI 11,579.1 0.2 -10.1

Tu r ke yBIST 2,393.6 -2.5 28.9

AustraliaAll Ord. 7,426.6 1.7 -4.5

Hong KongHang Seng 20,644.3 4.1 -11.8

IndiaBSE 54,208.5 0.2 -6.9

IndonesiaIDX 6,793.4 -0.3 3.2

MalaysiaKLSE 1,554.9 -0.1 -0.8

PakistanKSE 43,026.9 0.4 -3.5

SingaporeSTI 3,225.4 nil 3.3

South KoreaKOSPI 2,626.0 1.3 -11.8

TaiwanTWI 16,296.9 1.8 -10.5

ThailandSET 1,620.3 0.4 -2.2

ArgentinaMERV 90,803.4 5.9 8.7

BrazilBVSP 106,247.1 1.8 1.4

MexicoIPC 50,394.0 2.3 -5.4

EgyptEGX 30 10,467.6 -3.6 -12.1

IsraelTA-125 1,990.6 1.3 -4.0

Saudi ArabiaTadawul 12,713.4 -5.0 12.2

South AfricaJSE AS 69,083.4 1.0 -6.3

World, dev'dMSCI 2,665.1 0.5 -17.5

Emerging marketsMSCI 1,033.2 2.2 -16.1

US corporate bonds,spread over Treasuries

Dec 31st

Basis points latest 2021

Investment grade 166 120

High-yield 461 332

Sources: Refinitiv Datastream; Standard & Poor's Global Fixed Income

Research. *Total return index.

Commodities

The Economist commodity-price index % change on

2015=100 May 10th May 17th* month year

Dollar Index

All Items 177.3 180.2 -6.8 -7.4

Food 159.5 166.8 -0.4 19.5

Industrials

All 193.9 192.7 -11.5 -21.6

Non-food agriculturals 185.4 180.6 -2.6 7.6

Metals 196.4 196.3 -13.6 -27.0

Sterling Index

All items 219.8 220.5 -2.9 5.6

Euro Index

All items 186.5 189.7 -4.6 7.4

Gold

$ per oz 1,846.0 1,821.8 -6.7 -2.5

Brent

$ per barrel 102.5 112.2 4.6 63.0

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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