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Showing 71 - 80 of 113 results for "Household consumption"

Good oil, bad oil

BENJAMIN ONG  |  FRIDAY, 23 JUN 2017
... is because lower oil prices are a 'de facto' tax cut for consumers, raising disposable income and lifting household consumption. At the same time, lower oil prices reduce business input costs, increasing margins, lifting profits and by extension, business ...

Cloudy skies in the land of the rising sun

BENJAMIN ONG  |  FRIDAY, 9 JUN 2017
... from stronger global growth - net exports contributed 0.1 percentage points to first quarter GDP growth - household consumption remains sluggish - revised lower to show growth of 0.3% in the March quarter from 0.4% in the preliminary estimate. This is ...

Economic growth slows to 1.7pct but not as bad as feared

BENJAMIN ONG  |  WEDNESDAY, 7 JUN 2017
... Accounts' release, inventories added most to first quarter GDP growth - adding 0.4 percentage points. While household consumption added 0.3 percentage points to growth in the March quarter, this is half the 0.6 pp contribution recorded in the December ...

Good to go

BENJAMIN ONG  |  MONDAY, 29 MAY 2017
... upgrade to 0.9%. Better, the GDP components that matter most to growth were the ones that improved best. Household consumption's contribution to first quarter GDP growth nearly doubled to 0.44 percentage points (from 0.23 pps in the first estimate) ...

Budget Eve

BENJAMIN ONG  |  MONDAY, 8 MAY 2017
... commodity prices, the slack in the domestic labour market (and its implication for wages and inflation), household consumption and household debt levels, and property prices.

Not as good as the headline

BENJAMIN ONG  |  FRIDAY, 7 APR 2017
... short-term. The 5.0% drop in imports provides an outright negative indication for it confirms the weak/slowing household consumption (which accounts for more than 60% of the economy) in the domestic economy. Recall the earlier ABS released that showed ...

What a drag

BENJAMIN ONG  |  FRIDAY, 3 MAR 2017
Along with household consumption, exports were the biggest contributor - both adding 0.5 percentage point -- to Australia's faster-than-expected 1.1% expansion in the fourth quarter of last year (expectations were for a 0.7% gain), that took the annual ...

Offline Australian retail sales

BENJAMIN ONG  |  WEDNESDAY, 11 JAN 2017
... estimate. Retail spending is an important metric for the economy because it's the building block of overall household consumption which accounts for around 60% of Australia's GDP. Getting it right - or wrong - has implications for domestic macro- and ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 7 DEC 2016
... slower than the UK's (2.3%). The details of the Australian Bureau of Statistics' (ABS) report show only household consumption and inventories provided positive contributions to growth - 0.3 percentage points and 0.1, respectively - to growth in the September ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 15 NOV 2016
... 0.1 percentage points to growth, this was largely due to a 2.3% rise in private residential investment. Household consumption was flat over the quarter and so was public expenditure declined as the 0.4% gain in government consumption was offset by the ...