Search ResultsShowing 31 - 40 of 100+ results for "June quarter"
Chief economist update: Japan feels the heat
BENJAMIN ONG  |  THURSDAY, 5 JUL 2018
... exports, China 18%. The diffusion index - rise minus fall -- of input prices in manufacturing rose to 30 in the June quarter from 26 in March. This should be a positive for the BOJ's efforts at lifting domestic inflation but with the diffusion ...
Chief economist update: It's always slow in America in Q1
BENJAMIN ONG  |  FRIDAY, 29 JUN 2018
The third and final estimate of US GDP growth showed the economy grew at an annualised rate of 2% in the first quarter of 2018. This is lower than market expectations and would be unchanged from the second estimate's 2.2% rate. While the slight ...
Chief economist update: Fed flattens the yield curve
BENJAMIN ONG  |  THURSDAY, 14 JUN 2018
... certainly a consequence of the revisions in the Fed's growth, unemployment and inflation forecasts in the June quarter: 2018 GDP growth was revised higher to 2.8% (from 2.7% predicted in the March quarter) and unchanged at 2.4% in 2019, the ...
Chief economist update: Stuck in the very slow lane
BENJAMIN ONG  |  WEDNESDAY, 16 MAY 2018
... news is that, my back of the envelope calculations show that the wage price index has to grow by 0.18% in the June quarter (1.68% year-on-year) to match the Budget 2018/19 forecast of 2.25% growth. The tax cuts embedded in the Budget should also ...
Chief economist update: Inflation remains in the slow lane
BENJAMIN ONG  |  THURSDAY, 26 APR 2018
... to 1.95% over the past quarter. While now above the RBA's (February 2018) forecast of 1.75% by the end of the June quarter this year, it still falls short of the central bank's target. But what really is the Reserve Bank of Australia's target? ...
Chief economist update: The trend is not our friend
BENJAMIN ONG  |  FRIDAY, 23 MAR 2018
... to 2.1% in the year to the December 2017 quarter from 2% in the September quarter and the record low 1.9% in the June quarter. The chart below showing the negative correlation between growth in wages and the underemployment rate suggests that ...
Chief economist update: Home cooling
BENJAMIN ONG  |  WEDNESDAY, 21 MAR 2018
... increased by 5% in the year to the December quarter, slowing from 8.3% in the September quarter and 10.2% in the June quarter. Except for Darwin and Perth where house prices have been in declining (in year-on-year terms since the first quarter of ...
Chief economist update: Australia cruising at low altitude
BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... continued moderation in the quarterly growth rate to 0.4% from 0.6% in the September quarter and 1.1% in the June quarter. X-Y. Exports of goods and services fell by 1.8% while imports increased by 0.5% in the December quarter. While the ...
Chief economist update: Australia low on credit
BENJAMIN ONG  |  THURSDAY, 1 MAR 2018
... quarter, marginally above the previous quarter's 2% and not far above the record slowest 1.9% growth in the June quarter. A bit dated perhaps, but other household indicators show a similar trend. While it quickened from the 15-year low of 1.1% ...
Jobs, jobs, jobs
BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... contributed 0.1 percentage point to third quarter GDP growth, down from the 0.5 percentage point it added in the June quarter. More up-to-date data on retail spending - a subset of overall household consumption - show tentative signs that it's ...
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