Search ResultsShowing 21 - 30 of 100+ results for "June quarter"
Chief economist update: A prelude to a rate cut?
BENJAMIN ONG  |  FRIDAY, 7 DEC 2018
... 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 recording no contribution in the previous quarter. Whatever growth in ...
Chief economist update: Bottom line slows down
BENJAMIN ONG  |  TUESDAY, 4 DEC 2018
... adjusted estimate of total company gross operating profits eased to 1.9% in the September quarter from 2.4% in the June quarter and 6.3% in the three-month period before that. The details of the report show that the slowing in total company profits was ...
Chief economist update: Faster wages growth a one-off?
BENJAMIN ONG  |  THURSDAY, 15 NOV 2018
... September quarter. This is at par with market expectations and an acceleration from the 2.1% rate recorded in the June quarter. Private sector wages grew by 2.14% in the year to the third quarter, up a fraction from 2.07 in the second. Public servants' ...
Chief economist update: As safe as Australian houses?
BENJAMIN ONG  |  THURSDAY, 8 NOV 2018
... Index' report showed the weighted average of eight capital cities house prices fell by 0.6% in the year to the June quarter (latest available) after growing 2% in the previous quarter. More up-to-date figures show home values continue to cheapen. ...
Chief economist update: Australia's low(er)-flation
BENJAMIN ONG  |  THURSDAY, 1 NOV 2018
... the ABS, Australia's annual headline inflation rate weakened to 1.9% in the September quarter from 2.1% in the June quarter. The average of the core measures - weighted median and trimmed mean - was unchanged at 1.75% but only because the June quarter's ...
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 ...
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