tradingeconomics.comTRADING ECONOMICS | 20 million INDICATORS FROM 196 COUNTRIES

TRADING ECONOMICS Register Login Calendar News Indicators Countries Indicators Markets Currencies Stocks Commodities Bonds Earnings Forecasts Countries Indicators Currencies Stocks Commodities Bonds China Manufacturing Shrinks at Record Pace The Official NBS Manufacturing PMI in China plunged to a record low of 35.7 in February 2020 from 50.0 in the previous month, missing market expectations of 46, amid rapid spread of the coronavirus outbreak that disrupted the country's supply chain. Output, new orders and new export orders all slumped. Also, buying levels plummeted and employment contracted much steeper. China Services PMI Falls to Lowest on Record: NBS The Official NBS Non-Manufacturing PMI in China tumbled to a record low of 29.6 in February 2020 from 54.1 in the prior month, amid mounting fears over the spread of COVID-19 cases that led to quarantine measures and travel restrictions. Both new orders (26.5 vs 50.6 in January) and overseas sales (26.8 vs 48.4) plummeted, while employment shrank much faster (37.9 vs 48.6). In terms of prices, input cost fell sharply (49.3 vs 53.3), with output charges slumping (43.9 vs 50.5). Finally, confidence plunged (40.0 vs 59.6). 7 hours ago Macau Q4 Retail Sales Rebound Sharply Retail sales in Macau surged 5.7 percent year-on-year in the fourth quarter of 2019, following a downwardly revised 0.5 percent fall in the previous quarter. It was the first quarter increase in retail sales since the fourth quarter 2018, as sales rebounded for: automotive fuels (2.4 pct vs -4.2 pct in Q3), goods in pharmacies (10.4 pct vs -1.5 pct) while those of goods in supermarkets (12.2 pct vs 1.2 percent) and leather goods (22.3 pct vs 8.3 pct) rose faster. In addition, sales fell less for: motor vehicles (-13.5 pct vs -17.1 pct); adult's clothing (-2.9 pct vs -14.8 pct); and watches, clothes & jewelry (-2.9 pct vs -9.1 pct). Meanwhile, sales continued to rise for: communication (2.9 pct vs 23.5 pct); cosmetics & sanitary articles (10.1 pct vs 18.3 pct); goods in department stores (10.4 pct vs 12.1 pct).For 2019 full year, retail sales grew by 0.8 percent year-on-year. 2 hours ago Macau Trade Gap Widens in January Macau's trade deficit widened to MOP 7.33 billion in January 2020 from MOP 7.27 billion a year earlier. Year-on-year, exports tumbled 24.8 percent to MOP 1.15 billion, mainly driven by re-exports (-28.3%), as machines, apparatus & parts and diamond & diamond jewellery slumped by 34 percent and 76.4 percent, respectively. Sales tumbled to China (-35.1%), and Hong Kong (-35.0%) but surged to the USA (84.4%). Meanwhile, imports dropped at a softer 3.6 percent to MOP 8.48 billion, weighed down by food & beverages (-16.5%), garments & footwear (-10.9%), fuels & lubricants (-3.9%),and mobile phones (-33.3%). Purchases fell from the China (-12.8%), Hong Kong (-11.4%), Japan (-5.3%). 2 hours ago Macau Q4 Economy Shrinks the Most in Near 4 Years Macau GDP slump 8.1 percent year-on-year in the three months to December of 2019, following a downwardly revised 4.4 percent drop in the previous period. It was the fourth consecutive quarter of contraction and the steepest drop since the first quarter 2016, as both household (2.7 percent vs 2.8 percent in Q3) and government spending (1.9 percent vs 4.3 percent) eased. Meanwhile, gross fixed capital formation dropped at a much faster pace (-14.5 percent vs -8.5 percent). Regarding net trade, totals exports declined 7.4 percent, with services down 7.5 percent (from -4.7 percent in Q3) and exports of goods fell 6.2 percent (from 0.5 percent in Q3). Meantime, total imports went up 1.0 percent. For 2019 full year, the economy shrank 4.7 percent year-on-year, reversing from a 5.4 percent expansion in 2018. 2 hours ago S&P and Dow Extend Meltdown, Nasdaq Ekes Out Wall Street tumbled again on Friday, as the coronavirus continues to overshadow solid economic data. A statement from Fed Chair Powell saying the fundamentals of the US economy remain strong and the Fed will use its tools to support the economy calmed markets a bit but failed to bring a recovery. The Dow Jones was down more than 350 points after briefly falling 1000 points, the S&P 500 declined 0.8% and the Nasdaq closed nearly flat. For the week, the Dow lost 12%, the S&P 500 and the Nasdaq 11%. 11 hours ago Canada Q4 GDP Growth at 3-1/2-Year Low The Canadian economy advanced 0.1 percent on quarter in the three months to December 2019, easing from a 0.3 percent expansion in the previous period. It was the weakest growth rate since Q2 2016, when the economy shrank 0.5 percent, amid several factors including pipeline shutdowns, unfavourable harvest conditions, rail transportation strikes and impacts from the United Auto Workers' strike in the US. Growth slowed mainly due to business investment (-0.8% vs 2% in Q3), as spending in machinery & equipment fell for the 3rd straight period (-3.6%), namely aircraft & other transportation equipment (-10.5%) and trucks & buses (-10.9%); and external trade, as export fell 1.3% and import decreased a softer 0.6%. Meanwhile, household consumption rose 0.5 percent, the same as in Q3. Expressed at an annualized rate, real GDP rose 0.3 percent in Q4, after expanding a downwardly revised 1.1 percent. Considering full 2019, the economy grew 1.6 percent, slowing from a 2 percent expansion in 2018. 18 hours ago US Personal Income Rises the Most in Nearly a Year US personal income rose by 0.6 percent from a month earlier in January 2020, following a downwardly 0.1 percent growth in December and beating market expectations of 0.3 percent. That was the largest gain in income since February last year, boosted by increases in compensation of employees and social security benefit payments (related to annual cost of living adjustments), and other government social benefits to persons, which includes the Affordable Care Act refundable tax credit. 18 hours ago Crude Oil Falls below $44 US crude dropped below $44 a barrel on Friday to its lowest since December of 2018, as the spread of coronavirus to large economies including South Korea, Japan and Italy and oil-producing countries in the Middle East has deepened fears of slower fuel demand growth. Saudi Arabia is expected to make the deepest cuts to its monthly official selling prices to Asia since 2012. WTI crude oil has dropped nearly 18% this week, the sharpest weekly decline since December of 2008. 20 hours ago India GDP Growth Remains the Weakest Since 2013 The Indian economy expanded 4.7% yoy in Q4 2019, matching market expectations and following an upwardly revised 5.1% expansion in Q3 (4.5% earlier reported). It is the weakest growth rate since Q1 2013 considering the upward revision for the previous quarter. On the expenditure side, faster declines were seen for gross fixed capital formation (-5.2% vs -4.1% in Q3), exports (-5.5% vs -2.1%) and imports (-11.2% vs -9.3%) while private consumption growth accelerated (5.9% vs 5.6%). On the production side, gross value added expanded 4.5%, compared to 4.8% in Q3. The output for utilities (-0.7% vs 3.9% in Q3) and manufacturing (-0.2% vs -0.4%) contracted and construction slowed sharply (0.3% vs 2.9%). On the other hand, faster increases were seen for finance and real estate (7.3% vs 7.1%); the farm sector (3.5% vs 3.1%); trade, hotels, transport and communication (5.9% vs 5.8%); and mining and quarrying (3.2% vs 0.2%). 20 hours ago News Stocks Forex Commodity Bonds Actual Chg %Chg Dow Jones 25,419 346 -1.34% S&P 500 2,957 22 -0.74% NASDAQ 100 8,472 36 0.43% NIKKEI 225 21,143 805 -3.67% FTSE 100 6,581 216 -3.18% DAX 11,890 477 -3.86% CAC 40 5,337 158 -2.88% FTSE MIB 21,998 801 -3.51% IBEX 35 8,681 315 -3.50% ASX 200 6,441 32 -0.50% SHANGHAI 2,880 111 -3.71% SENSEX 38,297 1,448 -3.64% MOEX 2,785 131 -4.48% TSX 16,263 454 -2.72% More Actual Chg %Chg EURUSD 1.10220 0.0022 0.20% GBPUSD 1.28071 0.0082 -0.64% AUDUSD 0.65120 0.0066 -1.00% NZDUSD 0.62156 0.00...