NUMBERS TALK

Twelve important new charts that tell the story of the global economy

China’s industrial economy showed signs of slowing down

HSBC-Markit-China-flash-PMI-Expansion-contraction_chartbuilder

…as the Chinese housing market showed more deterioration

Average-price-increase-for-new-commercial-housing-vs-the-previous-month-Average-of-70-major-Chinese-cities-Beijing_chartbuilder
​​

And China has weighed on commodity suppliers like Chile, where growth is slowing

Chile-GDP-year-on-year-change-Chile-GDP-year-on-year-change_chartbuilder (1)

A slight decline in orders from China also slowed Taiwanese exports

Taiwan-export-orders-year-on-year-change-Taiwan-export-orders-year-on-year-change_chartbuilder (1)

Elsewhere in Asia, growth in Thailand returned after the May coup

Thailand-GDP-year-on-year-change-Thailand-GDP-year-on-year-change_chartbuilder

And Japan continues to run deep trade deficits, in a departure from decades of policy

Japanese-trade-balance-in-billions-Japanese-trade-balance-in-billions_chartbuilder (4)

Meanwhile, in the US, inflation is still tame

US-core-consumer-price-index-less-food-and-energy-year-on-year-change-US-headline-consumer-price-index-year-on-year-change_chartbuilder (2)

…amid ongoing improvement in the housing sector

US-existing-home-sales-annualized-rate-Existing-Home-Sales-Seasonally-Adjusted-Annualized-Rate-in-millions_chartbuilder

…and persistently weak wage growth

US-real-average-hourly-earnings-year-on-year-change-US-real-average-hourly-earnings-year-on-year-change_chartbuilder

Across the pond, a similar slump in wages has kept British retail sales slow

UK-retail-sales-including-fuel-month-on-month-change-UK-retail-sales-growth-including-fuel-month-on-month-change_chartbuilder

…and even surging London house prices seemed to pause

Annual-change-in-average-house-price-London-UK-excluding-London_chartbuilder

Caution continues to reign in Europe, amid uncertainty in Ukraine and a deflation scare. Investors have snapped up government bonds in a rush for safety that has even pushed shorter maturity German bonds into negative territory.

Germany-Schatz-yield-Germany-Schatz-yield_chartbuilder (1)

 

 

home our picks popular latest obsessions search