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Showing 51 - 60 of 163 results for "Household spending"

Chief economist update: Coronaphobia sickens Japan

BENJAMIN ONG  |  MONDAY, 9 MAR 2020
... for consumer spending and by extension, the economy going forward. However, a separate report showing that household spending fell for a fourth straight month (-3.9% year-on-year) in January indicate that Japanese consumers have been tightening their ...

Chief economist update: It's the US consumer, stupid me

BENJAMIN ONG  |  WEDNESDAY, 12 FEB 2020
... were weak, largely reflecting sluggish growth abroad and trade developments... the fundamentals supporting household spending remain solid". It's the consumer, stupid me. I underestimated the US consumer - them who account for around 70% of the US ...

Chief economist update: Turn the beat around

BENJAMIN ONG  |  THURSDAY, 30 JAN 2020
... leading to low inflation and, by virtue of CPI indexation, low wage growth that keeps downward pressure on household spending and by extension, the general economy. Makes me wonder if, apart from boosting the share and property markets, another one or ...

VanEck launches new income product

ALLY SELBY  |  WEDNESDAY, 15 JAN 2020
... said economic growth will continue to be sluggish indefinitely thanks to poor business investment and slowing household spending. "Business investment too has dropped off since the end of the commodity boom, taking away an essential ingredient for economic ...

Chief economist update: Lower rates still fail to animate

BENJAMIN ONG  |  FRIDAY, 29 NOV 2019
... trade deal and indications of a bottoming in global manufacturing activity) and the persistent weakness in household spending (due to the high level of household indebtedness), perhaps not. Former RBA governor Glenn Stevens had already spoke about this ...

Chief economist update: Reversal of fortune

BENJAMIN ONG  |  WEDNESDAY, 20 NOV 2019
... can have more pervasive effects than we had expected. The decline in housing prices and turnover weighed on household spending decisions and housing related inflation in the prices of new homes," it reads. "It has also reduced unincorporated business ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
... household consumption as the biggest source of domestic uncertainty. But given the recent weakening trend in household spending (despite lower interest rates and the government tax rebates), it's no longer an uncertainty but a sure thing... and this ...

Chief economist update: Japan tightens fiscal policy

BENJAMIN ONG  |  FRIDAY, 11 OCT 2019
... non-manufacturing outlook (+15 from +17); and all industry capex intentions (+6.6% from +7.4%). Fortunately, household spending had been holding up well - retail spending rose by 1.9% in the year to August aided by a 1.9% lift in real wages over the ...

Chief economist update: The BOJ needs to run faster to stay in the running

BENJAMIN ONG  |  MONDAY, 23 SEP 2019
... overseas economies." No, Kuroda san, those risks (compounded by yen strength) is weakening Japan. Japanese household spending growth decelerated to 0.8% in the year to July from 2.7% in June; core machinery orders - an indicator of business investment ...

Chief economist update: Economy slows to decade low but still tops the pops

BENJAMIN ONG  |  THURSDAY, 5 SEP 2019
... cuts plus lower interest rates plus still low unemployment (albeit, lacklustre wage growth) should strengthen household spending going forward. I for investment. Reduced borrowing costs for businesses (lower official cash rate) could encourage increased ...