Macrobond release notes

Bi-weekly data additions

15 – 26 August 2022

August 26, 2022
By 
Arnaud Lieugaut

Highlights

              

United States

The New York Fed has begun calculating a measure of consumers’ five-year inflation expectations, complementing similar datasets for one- and three-year time frames. 

In the chart below, we extended the current headline inflation series into the future, using this five-year curve of consumer expectations. Consumers expect inflation to stay high next year and then subside gradually towards 2 percent in 2027.  

Macrobond users, access the chart here

New York Fed Survey of Consumer Expectations  

Country & Region > United States [us, Region] > Surveys & Leading Indicators [surv, Category] > Consumer Surveys > Federal Reserve Bank of New York > Survey of Consumer Expectations > Inflation Expectations

Thailand

We’ve added a new dataset from Thailand’s Office of Agricultural Economics that provides monthly retail and wholesale prices for fertilisers. Chemical fertilisers are widely used for rice production in Thailand, which is the second-largest exporter of the crop, trailing only India. 

In the chart below, we looked at the relationship between the export price of rice and fertiliser prices. There is a strong correlation – historically, more than 0.8 -- between the price of fertiliser and changes to rice prices 10 months later.

The time series in the chart’s x axis refers to fertiliser prices. The line graphing the rice price has been shifted forward by 10 months, demonstrating how closely cause and likely effect are correlated. Given this correlation and the time lag, the chart below would suggest export prices for rice are likely to rise.   

Macrobond users, access the chart here

Agricultural Economic Data (Fertilizer & Seeds)

Country & Region > Thailand [th, Region] > Prices [pric, Category] > Chemical Fertilizer Prices

Canada

We’ve expanded our real estate data coverage with the addition of the rental market report published by the Toronto Real Estate Board. The number of listed rentals and the average rent per type of apartment are now available for the Toronto area. 

In the chart below, we graphed the number of listings available on the market. As the pandemic prompted people to leave Canada’s largest city, there was a spike in supply in 2020, resulting in a significant decrease in rents. The year-on-year rent decline reached 25% for studio apartments in January 2021. 

Macrobond users, access the chart here

Rental Market Report

Country & Region > Canada [ca, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Transactions > Value > Toronto Real Estate Board > Rental Market Report

South Korea

We’ve added a new South Korean source: the Korea National Oil Corporation, which provides daily retail fuel prices. 

In the chart below, we compared various fuel prices with inflation in the transportation sector from January 2020. Retail fuel prices seem to have peaked in early July, suggesting some relief for consumers is ahead. 

Macrobond users, access the chart here

Price of Oil Products (Daily)

Country & Region > South Korea [kr, Region] > Prices [pric, Category] > Retail Fuel Prices

Complete list

Australia

Average Loan Sizes for Owner-Occupier Dwellings

Country & Region > Australia [au, Region] > Money, Banking & Credit [bank, Category] > Deposits & Loans > All Lenders > Housing Finance > Average Loan Sizes for Owner-Occupier Dwellings

Arrivals of International Students

Country & Region > Australia [au, Region] > Tourism [tour, Category] > Arrivals > International Arrivals > Students

Unemployed Persons by Industry Division of Last Job (ANZSIC), By State & Territory

Country & Region > Australia [au, Region] > Labor Market [lama, Category] > Unemployment > By Industry Division of Last Job (ANZSIC), State & Territory

Canada

Rental Market Report

Country & Region > Canada [ca, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Transactions > Value > Toronto Real Estate Board > Rental Market Report

Country & Region > Canada [ca, Region] > Construction & Real Estate [cons, Category] > Real Estate > Real Estate Transactions > Volume > Toronto Real Estate Board > Rental Market Report

China

Bank of China USD-CNY Exchange Rates

Country & Region > China [cn, Region] > Interest & Exchange Rates [rate, Category] > FX Spot Rates > Bank of China

National Freight & Logistics in Smooth Operations

Country & Region > China [cn, Region] > Transport & Communications [tran, Category] > Freight & Logistics

The Survey & Monitoring Report on Migrant Workers

Country & Region > China [cn, Region] > Income & Earnings [inea, Category] > Wages & Salaries > Average Wage of Employees > Monthly Income of Rural Migrant Workers

Country & Region > China [cn, Region] > Labor Market [lama, Category] > Labor Force Statistics > Rural Migrant Worker

Euro Area

ECB

FX Interventions

Source & Release > Euro Area [eu, Region] > ECB (European Central Bank) > Selected Releases > ECB Foreign Exchange Intervention [rel_ecbfxi, Release]

Greece

HICP: Overall Index at Constant Tax Rates
Source & Release > Greece [gr, Region] > Hellenic Statistical Authority > Harmonized CPI [rel_grnshpi, Release] > 04. Monthly Sub-Indices of HICP Groups, Sub-Groups (2015=100)

Non-Performing Loans

Source & Release > Greece [gr, Region] > Bank of Greece > Non-Performing Loans [rel_grbofnpl, Release]

Honduras

International Reserves  

Country & Region > Honduras [hn, Region] > Foreign Finance [fofi, Category] > International Reserves

Nigeria

Federal Government Budget  

Source & Release > Nigeria [ng, Region] > Central Bank of Nigeria > Federal Government Fiscal Operations (Annual) [rel_ngcbgpfi_3, Release]

South Korea

Price of Oil Products (Daily)

Country & Region > South Korea [kr, Region] > Prices [pric, Category] > Retail Fuel Prices

Thailand

Agricultural Economic Data (Fertilizer & Seeds)

Country & Region > Thailand [th, Region] > Prices [pric, Category] > Chemical Fertilizer Prices

Country & Region > Thailand [th, Region] > Trade [trad, Category] > Foreign Trade > National Sources > Exports > Agricultural Inputs

United States

Coronavirus (COVID-19), Hospitalizations & Deaths, Forecasts

Source & Release > United States [us, Region] > Centers for Disease Control & Prevention > Coronavirus (COVID-19), Hospitalizations & Deaths, Forecasts [rel_uscovidfcst, Release]

New York Fed Survey of Consumer Expectations  

Country & Region > United States [us, Region] > Surveys & Leading Indicators [surv, Category] > Consumer Surveys > Federal Reserve Bank of New York > Survey of Consumer Expectations > Inflation Expectations