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Showing 131 - 140 of 669 results for "September quarter"

Chief economist update: Is the US about to join the global slowdown club?

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
... predicted only a week before and a sharper deceleration from the 3.4% annualised growth rate recorded in the September quarter Some publications put the shocking drop in retail spending as due to the record 35-day US government shutdown. But nah. The ...

Chief economist update: Time for an RBA shift to neutral

BENJAMIN ONG  |  MONDAY, 4 FEB 2019
... does "the economy wants to grow faster than it currently is," it's slowing (from 3.1% in the year to the September quarter to 2.8% in the December quarter). Indications from more recent activity data - business conditions and confidence, consumer ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... referendum. UK GDP growth has slowed only slightly from 1.7% in the year to the June quarter of 2016 to 1.5% in the September quarter of 2018 (latest available); the unemployment rate is at 4.1% (only a smidgen above the 43-year low of 4%); and, inflation ...

Chief economist update: The curse of Japan's consumption tax hike

BENJAMIN ONG  |  TUESDAY, 15 JAN 2019
... Japan's economy would rebound from the 2.5% (annualised quarterly growth rate) contraction in GDP recorded in the September quarter of last year. For one, the BOJ's quarterly regional economic survey showed all nine regions reporting expansion/recovery ...

Fed steady with a slight chance of a rate cut

BENJAMIN ONG  |  THURSDAY, 10 JAN 2019
... year to the third quarter of 2018, up from 2.9% in the previous quarter and the fastest growth rate since the September quarter of 2009 (3.2%). The US labour market remains solid, punctuated by the surprisingly stronger-than-expected 312K jump in non-farm ...

Why the RBA has reason to cut rates in 2019

BENJAMIN ONG  |  WEDNESDAY, 9 JAN 2019
... asset prices have declined." "Growth in household income low." While wages increased by 2.3% in the year to the September quarter (from 2.1% in the second) - this represents just half of the 4% average growth rate during the boom years preceding the ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... the domestic economy. The disappointing National Accounts - where GDP slowed to an annual rate of 2.8% in the September quarter (from 3.1% in the previous one) - bears this out with exports contributing zilch to third quarter GDP. Sure, the contribution ...

Chief economist update: Bottom line slows down

BENJAMIN ONG  |  TUESDAY, 4 DEC 2018
... report shows that the seasonally adjusted estimate of total company gross operating profits eased to 1.9% in the September quarter from 2.4% in the June quarter and 6.3% in the three-month period before that. The details of the report show that the slowing ...

Chief economist update: RBA more likely to cut

BENJAMIN ONG  |  MONDAY, 3 DEC 2018
... 0.3% in the third quarter (from 0.8% in the second); the Eurozone's GDP growth halved to just 0.2% in the September quarter (from 0.4%); and the UK's growth remains uncertain due to Brexit. The indications from the domestic economy haven't ...

Chief economist update: The angel in the capex details

BENJAMIN ONG  |  FRIDAY, 30 NOV 2018
... a 2.2% increase in equipment, plant and machinery. Year-on-year, actual total capex declined by 0.6% in the September quarter, a sharp reversal from the second quarter's 1.7% increase and a sharp downturn from the strong 4.2% gain in the March quarter. ...