Alternative data for macroeconomic indicators (Part 2/2)
Inflation in Argentina reached 31% in July of this year, having a devastating impact on the Peso and leading the central bank to raise rates to a record 60%. Can alternative data sources provide economic insights into a country’s level of price stability, currency value and central bank sentiment? In the second of our two-part series, we evaluate such sources by listing examples of providers that offer more timely data or predictive analytics in unemployment, wages, inflation, interest rates, the real estate market, industrial activity and GDP.
Please note: This is by no means an exhaustive list – for readers interested in discovering more sources for particular segments, please explore our platform or contact us directly.
THE LABOUR MARKET
In our previous publication in this series, we noted a Neudata-listed labour market data provider which combines both government data and online job postings data in their offering. Other comparable datasets include: