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Showing 171 - 180 of 663 results for "GDP growth"

Chief economist update: UK economy slows on Brexit woes

BENJAMIN ONG  |  TUESDAY, 12 FEB 2019
... abroad and the greater effects from Brexit uncertainties at home." It prompted the British central bank to lower its GDP growth forecast to 1.2% this year (from the previous estimate if 1.7%). In addition, the BOE said: "CPI inflation fell to 2.1% in ...

Chief economist update: Euro contagion redux?

BENJAMIN ONG  |  FRIDAY, 8 FEB 2019
... still haven't factored in the UK wherein which Brexit uncertainty has prompted the Bank of England (BOE) to cut its GDP growth outlook to 1.2% this year (previously prior 1.7%) and 1.5% (from 1.7%) in 2020. Contagion here we come? Again?

Chief economist update: RBA still in denial

BENJAMIN ONG  |  WEDNESDAY, 6 FEB 2019
... interest rates." And then came the cut at its February 2015 meeting, despite data available to the RBA at the time showed GDP growth averaged 2.6% in 2014, the weighted median inflation measure and wages growth both averaged 2.6%. The unemployment rate ...

Chief economist update: La vita is no longer e bella

BENJAMIN ONG  |  FRIDAY, 1 FEB 2019
... 0.1%. Year-on-year, Italian GDP grew 0.1% in the year to the December quarter, the fifth straight quarter of slowing GDP growth since the 1.7% recorded in the June quarter of 2017 and followed a downwardly revised 0.6% expansion in the previous quarter. ...

Chief economist update: Australian property market slump

BENJAMIN ONG  |  FRIDAY, 18 JAN 2019
... performer out of 24 countries for the second consecutive year." This is before stabilising in 2020 due to above-trend GDP growth and increased net immigration. Those of us in the forecasting (guessing) business could only infer that Fitch's predicted ...

Chief economist update: disUnited Kingdom

BENJAMIN ONG  |  WEDNESDAY, 16 JAN 2019
... digress. Despite the uncertainty borne of Brexit, the UK economy largely remains resilient since the 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 ...

Fed's pause becomes the ECB's problem

BENJAMIN ONG  |  FRIDAY, 11 JAN 2019
... an 18-month low last November. Not good tidings for an economy that's already losing momentum. Not only has Eurozone GDP growth slowed to 1.6% in the third quarter of last year - the fourth straight quarter of slowdown - but forward indicators suggest ...

Chief economist update: ECB bids farewell to QE

BENJAMIN ONG  |  FRIDAY, 14 DEC 2018
... ECB staff's downward revision to its macroeconomic projections raised a question mark. The ECB staff lowered its GDP growth forecasts to 1.9% (from 2.0% predicted in September) this year and 1.7% this year and in 2020 (from 1.8% and 1.7%, respectively). ...

Chief economist update: Aussie property market drop becoming self-fulfilling

BENJAMIN ONG  |  TUESDAY, 11 DEC 2018
... by increased activity with regards to Italy's budget and the riots in France (that would certainly take down its GDP growth for the fourth quarter - after its economic growth doubled to 0.4% in the third quarter from 0.2% in the previous one) and... ...

Chief economist update: A prelude to a rate cut?

BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... because it underscores the weakness in the country's domestic demand. Household consumption's contribution to GDP growth declined to just 0.2% in the September quarter from 0.5% in the June quarter, and private investment subtracted 0.1 pps after ...