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Showing 21 - 30 of 298 results for "Real GDP"

Japan needs trade peace with the US

BENJAMIN ONG  |  FRIDAY, 8 JUN 2018
... external accounts especially with the latest contraction in its economy. Preliminary estimates show that the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the previous three-month period. Another quarter ...

Chief economist update: Onwards and downwards to a recession?

BENJAMIN ONG  |  THURSDAY, 17 MAY 2018
... It's over! Japan's eight consecutive quarters of expansion is no more. Preliminary estimates show the country's real GDP contracted by 0.2% in the March quarter, more than reversing the 0.1% gain in the previous three-month period. Another ...

Chief economist update: Dot tales

BENJAMIN ONG  |  THURSDAY, 22 MAR 2018
... highlighted by the Fed's revised economic projections: Fed Board members and Fed Reserve Bank presidents' median projection for real GDP growth was revised higher to 2.7% this year (from 2.5% predicted in December 2017) and 2.4% next year (from 2.1%) ...

Chief economist update: Consumers don't spend on confidence alone

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... for around two-thirds of Australia's economy, here's to looking forward to stronger GDP growth in the coming quarters. Real GDP slowed to a quarterly rate of 0.6% in the three-month period ending September 2017 from 0.9% in the previous one. The National ...

Chief economist update: ECB sees low rates for longer

BENJAMIN ONG  |  TUESDAY, 16 JAN 2018
... This also implies that the region no longer needs a cheap euro to support the economy. The annual growth in Eurozone real GDP accelerated from 2.4% in the June 2017 quarter to a six-year high of 2.6% in the September 2017 quarter. In its December meeting ...

Pre-Christmas delivery

BENJAMIN ONG  |  THURSDAY, 21 DEC 2017
... pressures. The US Congressional Budget Office's (CBO) latest estimate of US potential output growth is 1.8%. Then again, US real GDP growth had been running above this rate since the December quarter of last year (and the unemployment rate below the ...

Expecting the expected

BENJAMIN ONG  |  MONDAY, 18 DEC 2017
... expected, the European Central Bank (ECB) kept monetary policy settings unchanged. The Eurosystem staff projects annual real GDP growth of 2.4% in 2017, 2.3% in 2018 and 1.9% in 2019. "Compared with the September 2017 ECB staff macroeconomic projections ...

Taxing times

BENJAMIN ONG  |  MONDAY, 13 NOV 2017
... the American is doing quite nicely, thank you very much. Despite the negative impact of hurricanes Harvey and Irma, US real GDP only dipped slightly to an annualised rate of 3% in the third quarter from 3.1% in the June quarter which is the fastest growth ...

Another Budget, another promised surplus

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2017
... (National Rail), Gonski 2.0 and the NDIS. The combination of which, along with other variables of course, will deliver real GDP growth of 2.75% in FY 2017/18 and 3% in the following year and "from 2019 20 until 2023-24, real GDP is projected to grow ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... for the Budget too. Recall that in the Mid-year Economic and Fiscal Outlook (MYEFO)2016-17, the government lowered its real GDP prediction to 2.75% for FY2017/18 from 3% forecasts in May last year. The forecast extra growth would allow the government ...