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Showing 1 - 9 of 9 results for "GDP growth figures"

Economic recap: Week to July 30

BENJAMIN ONG  |  MONDAY, 2 AUG 2021
... for an acceleration to 8.5%. The Fed announced no change in in monetary policy on the same day (29 July) the GDP growth figures were released. However, the US central bank hinted that it could start "tapering" asset purchases soon because "the economy ...

Chief economist update: Brexit uncertainty is not all that bad

BENJAMIN ONG  |  TUESDAY, 15 OCT 2019
... UK economy will slip into a recession in the third quarter have been eased by stronger-than-expected monthly GDP growth figures. The report shows that after contracting by 0.2% in the June quarter, GDP grew by 0.4% in the month of July and 0.1% in August. ...

Chief economist update: The Budget surplus can wait

BENJAMIN ONG  |  THURSDAY, 6 JUN 2019
... wrong will go wrong." - Murphy's law. It seems like it for us, Australians all. The latest (although dated) GDP growth figures showed that domestic economic growth slowed to its slowest pace in a decade (in the midst of the Global Financial Crisis) ...

Chief economist update: Devilish details

BENJAMIN ONG  |  TUESDAY, 21 MAY 2019
... being affected by the slowdown in overseas economies for the time being," it said at the time. The topline GDP growth figures give it bragging rights. Japanese GDP growth accelerated to 0.5% in the first quarter of 2019 from 0.4% in the December 2018 ...

Chief economist update: The good news and the good news

BENJAMIN ONG  |  FRIDAY, 19 JAN 2018
... target unlike in previous years when calls for a China hard landing proved wrong, year-after-year. China's 2017 GDP growth figures once more underscore that Premier Li gets what Premier Li likes. In his address at the opening session of the Chinese People's ...

Are we there yet?

BENJAMIN ONG  |  MONDAY, 13 OCT 2014
... of a triple dip recession there. But we already know this, right Virginia? From the time the second quarter GDP growth figures were released three months ago we knew. It doesn't take a fourth grader to add 0% GDP growth plus low-flation (which discourages ...

Forecasting foibles

BENJAMIN ONG  |  WEDNESDAY, 1 APR 2009
... percent in 2007.' Hmmm...global growth will slow just a few notches in 2008, eh? Actual fourth quarter 2008 real GDP growth figures show many, if not most, economies severely in recession. The IMF's forecast was clouded by the boom of previous years. ...

All together now

BENJAMIN ONG  |  MONDAY, 17 NOV 2008
... might be too late. Is this a case of 'Nero fiddled while Rome burns?' Japan is reporting its third quarter real GDP growth figures today - more likely than not, this will officially add the country to the list of economies that have contracted. More ...

Interest rates and strength of Australian dollar to rise: NAB

... The US GDP growth rate for 2003 is forecast at 2.5% and 3.75% in 2004. Japan is expected to have the lowest GDP growth figures (1% in 2003 and 1.5% in 2004) while non-Japan Asian economies are expected to grow at 4.75% in 2003 and 5.5% in 2004. New Zealand ...
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