By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
July 22, 2019
U.K.: The pound declined versus the U.S. dollar, hitting a 27-month low, on Brexit uncertainty.
Central bank policy
U.S.: Economic activity expanded at a moderate pace in July, according to the FOMC’s Beige Book report.
CANADA: Manufacturing sales grew 1.6% in May.
CHINA: GDP grew at an annual rate of 6.2% in the second quarter.
CHINA: Industrial production increased 6.3% year over year in June.
EUROZONE: Construction output slipped 0.3% in May.
U.K.: Producer price inflation fell to 1.6% in the year to June, down from 1.9% in May.
U.S.: Retail sales rose 0.4% in June.
U.S.: Business inventories increased 0.3% in May.
U.S.: Industrial production remained unchanged in June.
U.S.: Housing starts declined 0.9% in June.
GERMANY: The ZEW Indicator of Economic Sentiment declined in July.
U.S.: The University of Michigan’s index of consumer sentiment rose to 98.4 in July from 98.2 in June.