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Showing 31 - 40 of 698 results for "retail sales"

Chief economist update: Vaccine optimism sparks AUD resurgence

BENJAMIN ONG  |  WEDNESDAY, 18 NOV 2020
... groups recording gains. Fixed asset investment accelerated to 1.8% from 0.8% in September; and, the annual growth in retail sales quickened to 4.3% in October from 3.3% in the previous month. More importantly, Australia's containment of the second ...

Franklin Templeton shuffles distribution team

ELIZABETH MCARTHUR  |  MONDAY, 9 NOV 2020
... line-up. Felicity Walsh's role has been expanded as head of sales, she will now lead both the institutional and retail sales teams. She was previously head of institutional and alternatives. Walsh has been with Franklin Templeton for two and a half ...

Chief economist update: Communists' party

BENJAMIN ONG  |  WEDNESDAY, 26 AUG 2020
... remaining at levels indicating expansion (above 50) over the past three months to July. Similarly, activity measures - retail sales; fixed asset investment; industrial production - continues to sequentially improved since their sharp drops in February ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... year-on-year), more than offsetting the 10.0% contraction (minus 6.8% y-o-y) in the March quarter. Activity measures - retail sales; fixed asset investment; industrial production - have sequentially improved since their sharp drops in February this year. ...

Chief economist update: China recovery would have been good for Oz

BENJAMIN ONG  |  MONDAY, 20 JUL 2020
... better than market expectations for a 2.5% increase. Although still in contraction, the annual rate of decline in retail sales had steadily eased to -1.8% in June from the sharp 20.5% (yoy) drop in February. Fixed asset investment growth followed the ...

Chief economist update: Not easy easing restrictions

BENJAMIN ONG  |  TUESDAY, 14 JUL 2020
... has declined to 11.1% in June from 13.3% in May and 14.7% in April - a record high...."spending is increasing". US retail sales soared by 17.7% in the month of May, more than reversing the record 14.7% slump in the previous month as businesses reopened ...

Chief economist update: Good as gold

BENJAMIN ONG  |  MONDAY, 13 JUL 2020
... 4.4% in the year to May - the third straight month of improvement after a 13.5% fall in February; the contraction in retail sales has slowed to -2.8% from February's -20.5%; so with fixed asset investment whose annual rate of decline sequentially ...

Chief economist update: The power of money (and a cure)

BENJAMIN ONG  |  WEDNESDAY, 17 JUN 2020
... coronavirus has resurfaced in Beijing and, with it, the re-imposition of lockdowns. Have money, will travel. The latest US retail sales report - up 17.7% in May from April - underscores the power of money. Cheaper borrowing costs and money printing from ...

Chief economist update: COVID-19 takes second crack at China

BENJAMIN ONG  |  TUESDAY, 16 JUN 2020
... fixed asset investment has eased to minus 6.3% by May from as steep as minus 24.5% in February; annual growth in retail sales has also improved to minus 2.8% in May from minus 7.5% in April and minus 15.8% in March. These improvements are underscored ...

Chief economist update: Border brawl

BENJAMIN ONG  |  THURSDAY, 21 MAY 2020
... economy. The ABS reports that after surging by 8.5% in the month of March - due to hoarding (of toilet papers) - retail sales (based on its preliminary estimate) dropped by 17.9% in the month of April. "Cafes, restaurants and takeaway food services ...