Search ResultsShowing 21 - 30 of 100+ results for "June quarter"
Chief economist update: Eurozone growth slowing fast
BENJAMIN ONG  |  WEDNESDAY, 31 OCT 2018
... growth rate down to 1.7% in the year to the third quarter - the slowest in exactly two years - from 2.2% in the June quarter and 2.4% in the first quarter of this year. The sharp slowdown in the Eurozone economy should trigger another downgrade in the ...
Chief economist update: Shopaholics drive US growth
BENJAMIN ONG  |  MONDAY, 29 OCT 2018
... 2.57 pps in the second quarter) as growth in household spending accelerated from an annualised rate of 3.8% in the June quarter to 4% in the September quarter. To be sure, Trump's tax cuts are now working its way into the US economy, lifting consumers' ...
Chief economist update: Fear and loathing on Wall Street
BENJAMIN ONG  |  THURSDAY, 25 OCT 2018
... measure of inflation - the core PCE price index - is for an easing to 1.8% in the September quarter from 2.1% in the June quarter. These suggest that the Fed's previous rate hikes (along with the shrinking of its balance sheet) are already bearing ...
Chief economist update: Keep one eye open on the housing market
BENJAMIN ONG  |  WEDNESDAY, 3 OCT 2018
... Accounts on hand, the RBA had to underscore the latest result showing that the economy grew by 3.4% in the year to the June quarter, for it justifies its central forecast "for growth to average a bit above 3 per cent in 2018 and 2019." The rest are virtually ...
RBNZ on ice into 2020
BENJAMIN ONG  |  FRIDAY, 28 SEP 2018
... "The direction of our next OCR move could be up or down". While New Zealand's economic growth has lifted in the June quarter - to a quarterly rate of 1.0% from 0.5% in the March quarter; 2.8% year-on-year from 2.6% in the first quarter - governor ...
SMSFs seek offshore diversification
JAMIE WILLIAMSON  |  WEDNESDAY, 26 SEP 2018
... this, direct property took the biggest hit having climbed to 16.2% last quarter before dropping to 15.3% in the June quarter. However, direct property holders utilising limited recourse borrowing arrangements has grown to 42.1% with the average property ...
Chief economist update: Steady as she goes
BENJAMIN ONG  |  FRIDAY, 14 SEP 2018
... 1.7% in 2020. Since the ECB's last outing in July, the Eurozone's economic growth has slowed to 2.1% in the June quarter from 2.4% in the March quarter." However, ECB President Mario Draghi has already pencilled this in. In his July Q&A, Draghi ...
Chief economist update: Japan's core strengthens
BENJAMIN ONG  |  THURSDAY, 13 SEP 2018
... Japan's Cabinet Office revised it GDP growth estimate higher from the preliminary estimate of 0.5% to 0.7% in the June quarter, it also reported that capital expenditure provided the highest contribution to growth (0.5 percentage points) over the ...
Chief economist update: Confidence down, conditions up
BENJAMIN ONG  |  WEDNESDAY, 12 SEP 2018
... indicates that this inventory re-stocking is not "unwanted". The strength in household consumption reported in the June quarter National Accounts justifies businesses outlook to rebuild inventories. The Australian economy expanded by a stronger than ...
Chief economist update: Japan's sun shines
BENJAMIN ONG  |  TUESDAY, 11 SEP 2018
Japan's economy grew 0.7% in the June quarter after contracting 0.2% in the March quarter. This is stronger than the Cabinet Office's preliminary estimate of 0.5% and is the fastest growth rate since the first quarter of last year (0.7%). This ...
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