Macrobond updates

Data Bi-weekly additions

Data Bi-weekly additions: 25 April – 05 May 2022

By 
Arnaud Lieugaut
 on 
May 9, 2022

Highlights

              

Malaysia

We have just added the weekly petroleum price report from the Malaysian Ministry of Domestic Trade & Consumer Affairs.

Petrol prices in Malaysia are among the lowest in the world thanks to a massive fuel subsidy scheme applied on RON95 and Diesel. RON97 remains unsubsidised. 

With rising global energy prices, the price gap between RON95 and RON97 has massively widened, as the chart below shows: RON95 remains capped at MYR2.05/litre, with RON97 now close to MYR4/litre.    

A barrel of crude oil well above USD100, as it is now, will severely impact the government budget and raise questions around the sustainability of the current subsidy scheme (article for reference: https://asia.nikkei.com/Economy/Malaysia-oil-subsidies-could-more-than-double-in-2022-finance-chief

Macrobond users, access the chart here

Weekly Petroleum prices 

Country & Region > Malaysia [my, Region] > Commodities & Energy [caes, Category] > Spot Prices > Energy > Petroleum

Switzerland

For Switzerland, we have added the Swiss real estate offer index, which covers regions as well as housing types. While the overall index has not progressed much since January 2015, the chart below highlights regional discrepancies. At one extreme, Ticino rental prices have fallen by almost 10%, while at the other, Zurich prices have risen by 5%.  

Macrobond users, access the chart here

IAZI Swiss Real Estate Offer Index

Source & Release > Switzerland [ch, Region] > IAZI AG - CIFI SA > IAZI Swiss Real Estate Offer Index [rel_chiazireoi, Release]

Paraguay

In recent weeks, we have also expanded our data coverage from Paraguay’s national sources, with additions on foreign trade, international reserves, monetary aggregates, domestic banking, and the central bank balance sheet.

The chart below displays the composition of Paraguay’s international reserves, now primarily made up of US dollars and gold.  

Macrobond users, access the chart here

International Reserves

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > International Reserves [rel_pybancoreserv, Release]

Sweden

For Sweden, we have added new indicators from the Swedish public employment service (Arbetsförmedlingen) that measure the ‘number of persons available to work, but not seeking a job.’ 

The Great Resignation describes what’s been happening in the United States labour market since the pandemic. But this phenomenon is also unfolding in other developed countries, though to a lesser degree.

The chart below compares the percentage of the labour force that doesn’t have a job and is not seeking one with the number of redundancy notices. The comparison with the global financial crisis in 2008-2010 is interesting: more redundancy notices were given during the Great Recession than during the pandemic, but the percentage of workers not seeking a job soared only after the pandemic started. The ease of restrictions earlier in 2022 should help bring down the percentage, but this remains a worrying indicator for the labour market.

Macrobond users, access the chart here

Labour Market – Persons available to work, but not seeking a job

Country & Region > Sweden [se, Region] > Labor Market [lama, Category] > Employment > Persons Available to Work but Not Seeking > By Age

Complete list

Australia

Monthly household spending indicator, per region 

Country & Region > Australia [au, Region] > Surveys & Leading Indicators [surv, Category] > Household Surveys > Australian Bureau of Statistics > Household Spending Indicator

Bosnia & Herzegovina

Financial Leverage Ratio

Country & Region > Bosnia & Herzegovina [ba, Region] > Money, Banking & Credit [bank, Category] > Financial Soundness Indicators 

NPL Net of Provisions to Regulatory Capital

Country & Region > Bosnia & Herzegovina [ba, Region] > Money, Banking & Credit [bank, Category] > Financial Soundness Indicators 

Botswana

Monetary Policy Rate

Country & Region > Botswana [bw, Region] > Interest & Exchange Rates [rate, Category] > Policy Rates

Brazil

General Government Debt as % of GDP

Country & Region > Brazil [br, Region] > Government & Public Finance [gpfi, Category] > Debt > Public Sector

Chile  

Industrial Production Sales  

Country & Region > Chile [cl, Region] > Production [prod, Category] > Industrial Summary > Sales

China

Tourism Statistics, per region

Country & Region > China [cn, Region] > Tourism [tour, Category] > Accommodation > Operating Revenues

Dominican Republic

Target Inflation Rate

Country & Region > Dominican Republic [do, Region] > Interest & Exchange Rates [rate, Category] > Policy Rates

France

Credit Risk in the Euro Area

Country & Region > France [fr, Region] > Surveys & Leading Indicators [surv, Category] > Leading Indicators > Bank of France

Source & Release > France [fr, Region] > Central Bank of France (Banque de France) > Credit Risk in the Euro Area [rel_freucreditrisk, Release]

Germany

COVID-19 Number of SARS-CoV-2 Laboratory Tests in Germany

Country & Region > Germany [de, Region] > Demography [demo, Category] > Public Health > Diseases > Novel Coronavirus (COVID-19) > Robert Koch Institute > Laboratory Tests

Italy

Demand expectations for the next 3 months, Market Sector

Country & Region > Italy [it, Region] > Surveys & Leading Indicators [surv, Category] > Business Surveys > ISTAT > Business Confidence Climate Index, Totals, SA

Laos

Tourism Receipts

Country & Region > China [cn, Region] > Tourism [tour, Category] > Accommodation > Operating Revenues

Malaysia

Weekly Petroleum Prices 

Country & Region > Malaysia [my, Region] > Commodities & Energy [caes, Category] > Spot Prices > Energy > Petroleum

Mexico

Workers Remittances

Country & Region > Mexico [mx, Region] > Balance of Payments [bopa, Category] > Workers Remittances

New Zealand

Labour Cost Index, All Sectors & Industry Group 

Country & Region > New Zealand [nz, Region] > Labor Market [lama, Category] > Productivity, Costs & Hours Worked > Labor Costs > Index of All Sectors & Industry Group

Housing Market Report

Source & Release > New Zealand [nz, Region] > New Zealand Barfoot & Thompson > Housing Market Update Report [rel_nzbathhmur, Release]

Norway

Production Index for the Construction sector

Country & Region > Norway [no, Region] > Construction & Real Estate [cons, Category] > Construction > Construction Indicators > Construction Production Index > Statistics Norway

Paraguay

Foreign Trade 

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > Foreign Trade [rel_pybancotrade, Release]

Foreign Trade – Export & Imports by Country 

Country & Region > Paraguay [py, Region] > Trade [trad, Category] > Foreign Trade > Export

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > Foreign Trade [rel_pybancotrade, Release]

International Reserves

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > International Reserves [rel_pybancoreserv, Release]

Central Bank Balance Sheet

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > Central Bank Balance Sheet [rel_pybancobank, Release]

Monetary Aggregates

Source & Release > Paraguay [py, Region] > Central Bank of Paraguay > Monetary Aggregates [rel_pybancomost, Release]

Sweden

Labour Market – Persons available to work, but not seeking for a job

Country & Region > Sweden [se, Region] > Labor Market [lama, Category] > Employment > Persons Available to Work but Not Seeking > By Age

Annual Trade, by Commodity (SPIN) & Country

Country & Region > Sweden [se, Region] > Trade [trad, Category] > Foreign Trade > National Sources > Commodity (SPIN) > Value > Annual, by Trading Partner

Switzerland

IAZI Swiss Real Estate Offer Index

Source & Release > Switzerland [ch, Region] > IAZI AG - CIFI SA > IAZI Swiss Real Estate Offer Index [rel_chiazireoi, Release]

Thailand

Telecommunication Statistics

Country & Region > Thailand [th, Region] > Transport & Communications [tran, Category] > Telecommunications

United States

Prices - Black Book Used Vehicle Retention Index

Source & Release > United States [us, Region] > Black Book > Black Book Used Vehicle Retention Index [rel_usbbuvri, Release]

Country & Region > United States [us, Region] > Prices [pric, Category] > Special Series

World  

Eurostat  

International Trade of EU, the Euro Area & the Member States by SITC Product Group

Source & Release > EU [eueu, Region] > Eurostat > Extended Database > EU 27 (without United Kingdom) [eueu27_2019, Region] > International Trade in Goods > By SITC