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Showing 231 - 240 of 739 results for "March quarter"

Low-flation to lower-flation?

BENJAMIN ONG  |  THURSDAY, 27 JUL 2017
... Australian inflation has decelerated - headline inflation slowed to 1.9% in the year to the June quarter from 2.1% in the March quarter. Yet it's also picked up - the weighted median up to 1.8% from 1.7%; but it's also flat - a trimmed mean steady at ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... consumer spending. More so, given that real wages (nominal wages less inflation) has turned slightly negative in the March quarter of this year. The correlation between the unemployment rate and the NAIRU (non-accelerating inflation rate of unemployment) ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
... around US$66 per tonne FOB over the September and December quarters of 2017 to reach US$55 per tonne FOB in the March quarter 2018." It's still early days but the Treasury's forecast seems largely on track as iron ore prices have lifted to an average ...

The problem with currency extrapolation

BENJAMIN ONG  |  TUESDAY, 18 JUL 2017
... rising momentum in its economy. China's GDP expanded by 6.9% in the year to the second quarter, the same rate as the March quarter but better than expectations for a slight easing to 6.8%. Retail sales growth accelerated to 11.0% in the year to June ...

Business conditions return to pre-GFC levels

BENJAMIN ONG  |  WEDNESDAY, 12 JUL 2017
... trending higher". I guess there's no way but up with the ABS' measure of wages growing at a record low 1.9% in the March quarter. But upbeat trading/sales conditions? Certainly, the latest retail sales report showed annual retail spending growth accelerated ...

Hawkish central banks? Not the BOJ

BENJAMIN ONG  |  FRIDAY, 7 JUL 2017
... provided similar indications. The sentiment index for both large manufacturers (17 in the June quarter from 12 in the March quarter) and large non-manufacturers (23 from 20) improved to their best levels in more than three years. Small industries' sentiment ...

Data dictates immediate BOE action

BENJAMIN ONG  |  WEDNESDAY, 5 JUL 2017
... neutral stance. And for good reasons. It remains optimistic over the domestic growth outlook and still views the March quarter GDP growth slowdown as temporary: "Consumption growth remains subdued, reflecting slow growth in real wages and high levels ...

Not so happy EOFY for the All Ords

BENJAMIN ONG  |  MONDAY, 3 JUL 2017
... not spending consumers... more so when their wages are sluggish. Total wages grew by only 1.9% in the year to the March quarter (think this is the slowest on record). Consumers aren't borrowing too (except for home purchases) with the RBA's private sector ...

Eurozone gaining momentum

BENJAMIN ONG  |  THURSDAY, 22 JUN 2017
... suit...and soon. After all the Eurozone economy's gaining momentum. GDP growth accelerated to 1.9% in the year to the March quarter from 1.8% in the December 2016 quarter. Using the same measure, this is just a little below America's GDP growth of 2% ...

Cooling property market

BENJAMIN ONG  |  WEDNESDAY, 21 JUN 2017
... showed the weighted average residential property price in Australia's eight capital cities slowed to 2.2% in the March quarter - in line with market expectations -- following a 4.1% increase in the December 2016 quarter. Only Canberra residential property ...