Reports
India aviation rebounds with more flights from Saudi, Vietnam, Turkey
Amid robust economic growth, international air travel to India has finally rebounded to pre-pandemic levels – but some of the flight patterns are different than they were in 2019.
To get a sense of the underlying trends and potentially identify hot hospitality markets, CEIC has recently added granular, city-by-city data on flights to our India premium database.
To get a sense of the underlying trends and potentially identify hot hospitality markets, CEIC has recently added granular, city-by-city data on flights to our India premium database.
Reports
Watching real-time Japanese inflation at the cash register
The Bank of Japan – the developed world's monetary-policy outlier – is widely expected to raise interest rates soon. The central bank is also keen to see more inflation in the economy and a "positive wage-price spiral;" the BoJ most recently said that more companies are seeing the need to keep offering pay increases, given labor shortages and a minimum-wage hike.
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.
Reports
With another Fed cut likely, we compare how it has diverged from the Taylor Rule
Will the Federal Reserve announce another rate cut on Dec. 18? Futures markets think so. A framework for the Fed's policy challenge can be found in the economist John Taylor's rough guideline for where the interest rate "should" be over the short term.
Reports
US slaps solar-panel tariffs on ASEAN countries
Even before Donald Trump returns to office, the US is moving to impose more tariffs. The Biden Administration views the solar industry as a critical sector, and the Commerce Department just slapped significant duties on exports from the ASEAN nations of Malaysia, Cambodia, Thailand and Vietnam.
Reports
Ecuador's food exports are a rare bright spot amid economic crisis
Ecuador's economy has had a rough 2024, but one of the bright spots has been international demand for the nation's tropical crops and farmed seafood.