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Showing 61 - 70 of 122 results for "Household consumption"

Chief economist update: Hostage to speculations

BENJAMIN ONG  |  FRIDAY, 16 MAR 2018
... remained unchanged at 1.6 - the highest level since January 1974. The improving labour market is boosting household consumption. Figures from "Statistics Japan" show that consumption expenditure of two or more person households increased by 4.1% in the ...

PIMCO sells Aussie banks as correction looms

ALEX BURKE  |  THURSDAY, 15 MAR 2018
... overreliance on generic corporate credit as a source of carry," the report said. It added that PIMCO believes household consumption will remain at a "lower average level" due to low wage growth, a slowing property market and stabilising savings rates. ...

Chief economist update: Australia cruising at low altitude

BENJAMIN ONG  |  THURSDAY, 8 MAR 2018
... exports minus imports (X-Y). The details of the December quarter show positive contributions to growth from household consumption (+0.6 pps) and government spending - government consumption (+0.3) and public investment (+0.2). Private investment subtracted ...

Chief economist update: Next move in rates will likely be up, but it's not certain

BENJAMIN ONG  |  WEDNESDAY, 7 MAR 2018
... pointed out once again in its March statement: "One continuing source of uncertainty is the outlook for household consumption. Household incomes are growing slowly and debt levels are high." The latest retail sales report released by the Australian Bureau ...

Chief economist update: The yen's on the up and up

BENJAMIN ONG  |  FRIDAY, 16 FEB 2018
... stretch since the 1980s. The details of the National Accounts suggest that this would continue. Japanese household consumption contributed 0.3 percentage points to growth in the December quarter and capital expenditure added 0.1 percentage points. These ...

Chief economist update: Wall Street wails on inflation indications

BENJAMIN ONG  |  MONDAY, 5 FEB 2018
... over the next three months, the same in September of the same year. But this time maybe different. Stronger household consumption and consumer confidence would certainly make it easier for businesses to raise prices for their products and services. Add ...

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

BENJAMIN ONG  |  THURSDAY, 18 JAN 2018
... 1.2% surge in November retail sales - put down to "Black Friday and iPhone X sales" - came from. Because household consumption accounts for around two-thirds of Australia's economy, here's to looking forward to stronger GDP growth in the coming quarters. ...

Ho ho hum MYEFO

BENJAMIN ONG  |  TUESDAY, 19 DEC 2017
... than predicted from personal income taxes. Perhaps even more important is the impact of stagnant wages on household consumption - predicted to grow by 2.25% this fiscal year and 2.75% the next - is as much as this account for around 60% of GDP. A quote ...

Jobs, jobs, jobs

BENJAMIN ONG  |  FRIDAY, 15 DEC 2017
... doesn't fit is the continued weakness in consumer spending. The latest National Accounts figures showed that household consumption only contributed 0.1 percentage point to third quarter GDP growth, down from the 0.5 percentage point it added in the June ...

A case for faster wages growth (or not)

BENJAMIN ONG  |  WEDNESDAY, 6 DEC 2017
... on global and domestic growth, hopeful over a lift in wages and wages and, uncertain over the outlook for household consumption and high household debt levels. This uncertainty could soon clear if the RBA's added sentence in its December statement - ...