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Showing 201 - 210 of 698 results for "GDP growth"

Chief economist update: US economic growth is slowing and accelerating

BENJAMIN ONG  |  FRIDAY, 1 MAR 2019
... continues to accelerate in the last quarter of 2018. Both are correct statements. It only depends what measurement of US GDP growth rate is used. The US Bureau of Economic Analysis' (BEA) uses the "annualised growth rate" to measure changes in the ...

Chief economist update: The RBI surprises (again)

BENJAMIN ONG  |  MONDAY, 25 FEB 2019
... 7.1% in the year to the third quarter of 2018 (latest available) from 8.2% in the previous quarter. The RBI projects GDP growth of "7.4% (7.2-7.3% in H2) and at 7.5% for H1:2019-20, with risks somewhat to the downside" and and inflation "to remain soft ...

Chief economist update: BOJ exit last year, BOJ easing this year

BENJAMIN ONG  |  WEDNESDAY, 20 FEB 2019
... series of natural disasters that halted production." "In the three months to December, positive contribution to the GDP growth came from private demand (0.5 percentage points), of which private consumption (0.3 percentage points) and capital expenditure ...

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

BENJAMIN ONG  |  FRIDAY, 15 FEB 2019
... December from 4.2% in November and 4.7% in October. As such, the Atlanta Fed's GDPNow forecast model now predicts US GDP growth of 1.5% (annualised) in the December 2018 quarter - nearly halving the 2.7% rate the model predicted only a week before ...

Chief economist update: Unchanged RBNZ stance would force it to change stance

BENJAMIN ONG  |  THURSDAY, 14 FEB 2019
... weaker global impetus, we expect low interest rates and government spending to support a pick-up in New Zealand's GDP growth over 2019. Low interest rates, and continued employment growth, should support household spending and business investment. ...

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 ...