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Lunar New Year: Overcoming Data Gaps with CEIC Functionalities
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United States Retail Sales Nowcast Suggests Consumer Strength and a Dilemma for the Fed
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Monetary Easing Cycle in Brazil in Danger, as Services Inflation Persists
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Early 2024 Rainfall Data in Ivory Coast Sends Mixed Signals on Global Cocoa Prices Outlook
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Japan: Stable Weekly Inflation Nowcast and Upward GDP Revision Increase Chances of Rate Hike in March
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Manufacturing in Mexico Thrives in Early 2024 on the Back of Nearshoring Boom
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CEIC Nowcast: Brazil's February Inflation Sees Modest Rise, Breaking Five-Month Downtrend
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US Fed is Right to Wait; the Labour Market is Not (Yet) Cooling Down
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China Spring Festival Tourism Finally Recovers Above Pre-Pandemic Levels
One full year after China's reopening, domestic tourism during the Spring Festival saw a robust rebound, which is set to provide a welcome boost to economic activity and send positive cross-border signals about the recovery of the second largest global economy, as developed markets are hoping for a soft landing while emerging economies are facing brighter outlook in 2024.
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GDP Nowcast: Brazil's Economy Saw Rebound in the end of 2023
The Brazilian economy expanded by 3.3% y/y in Q4, exhibiting a substantial rebound, accelerating from the 2% y/y growth of Q3, according to CEIC's real-time GDP nowcast ahead of the official release on March 1st. Further, the nowcast points to sustained momentum in 2024 with a projected 3.9% y/y expansion in Q1 2024.