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Showing 21 - 30 of 417 results for %22National Bureau of Statistics%22

Chief economist update: Iron ore is hot

BENJAMIN ONG  |  WEDNESDAY, 20 JAN 2021
... than consensus expectations for a 6.1% gain and accelerating from the third quarter's 4.9% annual rate. The National Bureau of Statistics (NBS) noted that the acceleration in economic growth came mostly from mining, while manufacturing grew at a ...

Chief economist update: A wonderful set of numbers

BENJAMIN ONG  |  FRIDAY, 20 NOV 2020
... the amount and duration of government support measures that would have positive impact on the government budget and the national debt.

Chief economist update: Lowe taking interest rates lower

BENJAMIN ONG  |  FRIDAY, 16 OCT 2020
... just 'progress towards full employment". The board views addressing the high rate of unemployment as an important national priority. Consistent with our mandate, we want to do what we can do, with the tools we have, to ensure that people have jobs. ...

Chief economist update: Australia succumbs to pandemic-induced recession

BENJAMIN ONG  |  THURSDAY, 3 SEP 2020
... were already feeling it deep right through our bone marrows - but the Australian Bureau of Statistics' (ABS) latest National Accounts report made it official, Australia is in recession! Australian economic growth contracted by 7.0% in the June quarter ...

Chief economist update: No Karens in China

BENJAMIN ONG  |  TUESDAY, 28 JUL 2020
... manufacturing, services - have returned to expansion in May and strengthened even more in June. More recently, China's National Bureau of Statistics (NBS) released data showing that profits at the country's industrial firms jumped by 11.5% in ...

Chief economist update: Stop right now, thank you very much

BENJAMIN ONG  |  FRIDAY, 17 JUL 2020
... not been for the second wave in Victoria - the country's second largest state that accounts for around a quarter of national output. You too, Virginia, would be exclaiming the hallelujah when you see the Australian Bureau of Statistics' (ABS) ...

Chief economist update: Australian recession - the next generation

BENJAMIN ONG  |  THURSDAY, 4 JUN 2020
... be." Frydenberg's statement comes after the Australian Bureau of Statistics (ABS) released its March quarter 2020 National Accounts report that showed the economy contracted by 0.3% in the first three months of the year. But unlike in 2000, 2008 ...

Chief economist update: Thank goodness for Sorbent

BENJAMIN ONG  |  THURSDAY, 23 APR 2020
... governor Lowe proclaimed the Australian central bank's take on the coronavirus' impact on the domestic economy: "National output is likely to fall by around 10% over the first half of 2020, with most of this decline taking place in the June quarter. ...

First in first out?

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2020
... coronavirus for several days running aren't good news enough, the latest purchasing managers' survey from the National Bureau of Statistics(NBS) provides an early indication that economic activity there has returned to expansion. The official manufacturing ...

Chief economist update: Australian economy gently turning which way?

BENJAMIN ONG  |  THURSDAY, 5 DEC 2019
... appears to have reached a gentle turning point". Sadly, that's as good as it gets as the details of the Australian National Accounts provide sobering reading. At the margin, the country's GDP growth rate has slowed to 0.4% in the three months ...