Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 72 results for "import prices"

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... pressure on the New Zealand dollar could see imported inflation remain soft." The annual growth in New Zealand's import prices nearly halved to 3.6% in the year to the March quarter from 7.1% in the December 2018 quarter. The NZ$/US$ exchange rate ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... least for now, isn't happening. Prices at the factory gates remain unchanged at 2.2% in the year to April and import prices have actually fallen by 0.2% in the year to April from a small 0.1% lift in the previous month. The drop in 10-year Treasury ...

Chief economist update: Where sentiment goes, there too is spending

BENJAMIN ONG  |  MONDAY, 18 FEB 2019
... core unchanged at 2.2%; headline PPI down to 2% from 2.5% over the same period; core PPI down to 2.6% from 2.7%; import prices down by 1.7% after falling by 0.6% in the year to December. US consumers may have larger real income to spend but declining ...

Chief economist update: Australia's low(er)-flation

BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... 2%-3% target band. The Australian dollar isn't to blame. Its depreciation has (as expected) generated higher import prices. But businesses are unable to pass on the higher cost imports due to the high level of Australian household indebtedness and ...

Chief economist update: Blame and trim

BENJAMIN ONG  |  MONDAY, 15 OCT 2018
... inflation is easing. America is not importing inflationary pressures. The Bureau of Labor Statistics reported that US import prices slowed to an annual rate of 3.5% in the year to September from 3.8% in August and 4.8% in July. Import prices would have ...

Chief economist update: Younger migrants and the elderly keep wages low

BENJAMIN ONG  |  THURSDAY, 9 AUG 2018
... higher wages for their services than their true-blue counterparts. Barring exogenous factors (such as a lift in import prices or energy costs, etc.), low wages growth will keep domestic inflation in check and the RBA on hold.

Chief economist update: Back to the shops

BENJAMIN ONG  |  TUESDAY, 17 APR 2018
... Stronger consumer spending suggests that US businesses would be able to easily pass on higher costs to shoppers - US import prices increased by 3.6% in the year to March; producer prices rose by 3% over the same period - lifting overall inflation in ...

Chief economist update: Inflation is heading Fed's way

BENJAMIN ONG  |  FRIDAY, 13 APR 2018
... March update is released at the end of this month. More so given that other price measures have moved higher. US import prices increased by 3.6% in the year to March - the fastest rate since April last year - from 3.4% in the previous month. Inflation ...

Chief economist update: Inflation isn't such a lonely word

BENJAMIN ONG  |  MONDAY, 19 FEB 2018
... eventually passed on to consumers. The Bloomberg US dollar spot index has weakened by 3.3% this year to date, sending import prices are rising. Import prices jumped 1% in the month of January, much more than market expectations for an already strong ...

Scared of inflation? Try deflation

BENJAMIN ONG  |  MONDAY, 12 FEB 2018
... oil prices. More generally, sustained above-target inflation remains almost entirely due to the effects of higher import prices following sterling's past depreciation. These external forces slowly dissipate over the forecast..." Still, because of relatively ...