Reports
Wildfires in Los Angeles drive air pollution to its worst in five years
Los Angeles is battling severe wildfires. As of Jan. 9, there was no containment in sight. There were at least five deaths and over 100,000 people were forced to evacuate as entire neighborhoods were wiped out.
Reports
Tracking the BoE's growing optimism for the last quarter of 2024
UK asset prices are being rocked by the global bond selloff in real time, but the underlying British economy is decidedly stronger than the Bank of England expected a year ago.
Reports
Brazil's tumbling currency and Lula's budget
Brazil's currency was one of the world's worst performers last year as President Lula's budget plans spooked markets. The sharpest declines came in December; the central bank was forced to make its largest ever intervention in the currency markets, using more than USD 30 billion of its international reserves.
Reports
Colombian card spending means retail sales data will pick up – for now
Using a high-frequency dataset, CEIC users can get a real-time sense of consumers' waxing and waning confidence well ahead of the official figures - and insights into an economy that has been a bit more sluggish than expected in 2024.
Reports
Nowcast shows easing inflation that enabled BoC’s jumbo rate cut
With the threat of Donald Trump's tariffs hanging over the economy, the Bank of Canada cut interest rates by a half-point on Dec. 11. Officials likely saw room for this supportive move given that consumer prices are set to keep receding - an outlook that is backed up by CEIC's latest nowcast.