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Showing 51 - 60 of 698 results for "GDP growth"

Economic recap: Week to October 29

BENJAMIN ONG  |  MONDAY, 1 NOV 2021
... quarter) and continues to this day. Over the same period (and through the fourth quarter of last year), the annual GDP growth rate in Australia, the US, the Eurozone, Japan and the UK were still preceded by a negative sign. But this success comes at ...

Economic recap: Week to October 8

BENJAMIN ONG  |  MONDAY, 11 OCT 2021
... inflation surged from a low of 2.95% in August 1972 to 12.1% by December 1974 while the US economy stagnated, with annual GDP growth collapsing from 7.6% in 1973 to negative 2.3% by 1975. The unemployment rate soared from 4.6% to 8.6% over the same period. ...

Recovery set to slow: OECD

ANNABELLE DICKSON  |  THURSDAY, 16 SEP 2021
... countries, but the recovery will soon slow, according to the OECD. The OECD's Economic Survey of Australia projected GDP growth of 4.0% in 2021 and 3.3% in 2022, recovering from a drop of 2.5% in 2020. However, the OECD expects the economy to contract ...

Economic recap: Week to September 3

BENJAMIN ONG  |  MONDAY, 6 SEP 2021
... showed the economy grew by a better-than-expected 0.7% in the second quarter of the year, taking Australia's annual GDP growth rate up, up (and away) to 9.6% -- the highest year-on-year growth rate on record (1960s is all I have). Australia is up ...

Delta to impact real estate market: Analysis

ELIZABETH MCARTHUR  |  WEDNESDAY, 11 AUG 2021
... Meanwhile, Sydney's ongoing lockdown and stubborn case numbers is predicted to lock in another negative quarter of GDP growth for the Australian economy, reversing the positive impact seen earlier in 2021 when the elimination approach was successful ...

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... from 1.1% in the previous one. The weighted median CPI inflation sped up to 1.7% from 1.3%. The advance estimate of US GDP growth and the Fed's July FOMC meeting took centre stage last week. The US Bureau of Economic Analysis (BEA) reported that ...

Chief economist update: Japan still waiting for the sun to rise

BENJAMIN ONG  |  MONDAY, 28 JUN 2021
The upward revision to Japan's March quarter GDP growth - to an annualised rate of 3.9% (from the preliminary estimate of 5.1%) - provides cold comfort to an economy that remains stuck in a rut and continues to reel from the coronavirus pandemic. ...

Chief economist update: UK not there yet

BENJAMIN ONG  |  FRIDAY, 25 JUN 2021
... sanguine forward guidance underpinned these positive reactions in the financial markets. For while the BOE upgraded its GDP growth forecast to 5.5% in the June quarter from the 4.25% estimated in May and forewarned that "CPI inflation is expected to ...

Chief economist update: Chinese activity indicators disappoint but growth target intact

BENJAMIN ONG  |  MONDAY, 21 JUN 2021
... National People's Congress (NPC) in Beijing on the 5th of March this year, Chinese premier Li Kequiang 2021's GDP growth target of over 6%. This compares with consensus expectations - market, the IMF and the OECD - for China's economy to ...

Chief economist update: The (dot) plot thickens

BENJAMIN ONG  |  THURSDAY, 17 JUN 2021
... holding rates near zero." True that. The Fed's latest economic projections bear this out, upgrading this year's GDP growth to 7.0% from the 6.5% rate forecast in March, with the unemployment rate steadily improving from 4.5% this year to 3.8% ...