By the numbers: The global economy this week

Highlights of economic data released last week, from central bank policies to trade and growth trends.

October 18, 2021


U.S.: The dollar rose versus other major currencies, reaching a nearly one-year high.

Central bank policy

EUROZONE: Amid a rise in inflation, “the trigger for monetary policy action is not there,” European Central Bank Economist Philip Lane noted last week.


CHINA: Exports jumped 28.1% year over year in September.

EUROZONE: The euro area posted a trade surplus in August.

U.K.: Total imports and exports of goods fell in August.

U.S.: Import prices rose 0.4% and export prices increased 0.1% in September.


CHINA: The Producer Price Index rose 10.7% year over year in September.

EUROZONE: Industrial production fell 1.6% in August compared with July.

GERMANY: Wholesale prices rose 0.8% in September compared with august.

JAPAN: Industrial production fell 3.6% in August.

JAPAN: Producer prices grew 6.3% year over year in August.

U.K.: Services output grew 0.3% in August compared with July.

U.K.: Industrial production grew 0.8% in August compared with July.

U.K.: GDP is estimated to have grown 0.4% in August.

U.S.: The Producer Price Index for final demand climbed 0.5% in September.

Employment trends

U.S.: Initial jobless claims fell by 36,000 to 293,000 in the week ended October 9, 2021.


AUSTRALIA: Consumer inflation expectations fell to 3.6% in October from 4.4% in September.

CHINA: The annual inflation rate rose 0.7% year over year in September.

GERMANY: The inflation rate rose 4.1% year over year in September.

U.S.: Consumer inflation expectations rose to 5.3% in September from 5.2% in August.

U.S.: The CPI rose 0.4% and core CPI increased 0.2% in September.