By the numbers: The global economy this week
Highlights of economic data released last week, from central bank policies to trade and growth trends.
September 20, 2021
U.K.: The pound rose versus other currencies following a report that inflation reached a nine-year high in August.
Central bank policy
AUSTRALIA: Reserve Bank of Australia Governor Philip Lowe noted that interest rates were not expected to be increased until 2024.
CHINA: Retail sales grew 2.5% year over year in August, slower than anticipated.
CHINA: The Producer Price Index rose 9.5% year over year in August.
EUROZONE: Industrial production grew 1.5% in July compared with June.
EUROZONE: Construction production rose 0.1% in July compared with June.
GERMANY: Wholesale prices rose 0.5% in August compared with July.
GERMANY: Producer prices decreased 0.3% in July compared with June.
JAPAN: Industrial production fell 1.5% in July.
U.K.: Industrial producer prices climbed 5.9% on the year to August.
U.S.: Industrial production increased 0.4% in August.
U.S.: Retail sales grew 0.7% in August compared with July.
AUSTRALIA: Consumer inflation expectations fell to 3.30% in August from 3.70% in July.
CHINA: The CPI rose by 0.8% year over year in August.
EUROZONE: The annual inflation rate was 3.0% in August, up from 2.2% in July.
U.K.: The CPI grew 3.2% in the 12 months to August.
U.S.: The CPI increased 0.3% and core CPI rose 0.1% in August.
U.S.: Consumer inflation expectations increased to 5.2% in August from 4.8% in July.
AUSTRALIA: The Westpac-Melbourne Institute Index of consumer sentiment rose in September.
AUSTRALIA: The NAB Business Confidence Index rose in August but remained at a below-average level.