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👤Arthur Greene
🕔December 13, 2016
The Asian Development Bank (ADB) today cut its 2016 growth estimate for India to 7 per cent from the previous 7.4 per cent on account of demonetization, weak investment and agricultural slowdown.
The ADB had, in March last year, projected India’s 2015-16 growth at 7.8 per cent.…
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👤Arthur Greene
🕔December 1, 2016
November data pointed to a sustained acceleration in U.S. manufacturing growth, with production volumes and incoming new work both rising at the fastest pace since March 2015. Stronger demand patterns, especially from domestic clients, resulted in greater input buying and increased payroll numbers across the manufacturing sector.…
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Japan’s industrial production rises a little in October
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👤Arthur Greene
🕔November 30, 2016
Japan’s industrial output rose slightly by 0.1 percent in October from the previous month, signaling a moderate growth, official data showed Wednesday. The Japan’s industrial production was slightly stronger than economists forecast in October, as exports compensated for continued weak domestic spending.…
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👤Arthur Greene
🕔November 14, 2016
China’s retail sales expanded below projections in the month of October, as opposed to the investment and industrial production figures, which were consistent with expectation and indicated a continued stabilization. Weaker than expected retail sales figures might have been because of seasonal factors, noted Nordea Bank in a research report.…
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China’s Export Shed 7.3%
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👤Arthur Greene
🕔November 8, 2016
Chinese exports fell in October for the seventh consecutive month as weak demand continued to weigh on the world’s second-largest economy, although the decline wasn’t as sharp as in September.
Exports dropped 7.3 per cent last month from a year earlier, the General Administration of Customs said Tuesday.…
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👤Arthur Greene
🕔October 4, 2016
The UK’s construction sector is back in the green in data released for the month of September, as I re-enters growth territory. There was a rise from 49.2 recorded in August to 52.3 in September. This is the first positive reading since the month of May.…
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👤Nurudeen Amedu
🕔October 2, 2016
According to comments made by the Russian Prime Minister Dimitry Medvedev in an interview on Saturday, Russia’s economy will be in growth phase at the start of 2017.
“We assume that at the end of the year these negative trends, which have been developing in our economy over the past two-three years, will exhaust themselves owing to the measures taken by the government and the general improvement of the situation.…
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👤Nurudeen Amedu
🕔October 1, 2016
There was a 0.5% rise in the Canadian GDP for the month of July on the trail of the previous 0.6% growth in June and May’s 0.6% decrease, this brings the year on year increase to 1.3%. The most recent GDP release will help alleviate concerns about the GDP outlook, but subsequent growth is necessary to fully reverse the market sentiment.…
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👤Nurudeen Amedu
🕔September 28, 2016
Stanley Fischer, the Federal Reserve Vice Chairman said that low interest rates have helped the US economy raise its labor market gains which are in turn being supported by higher wages.
“With unemployment now below 5 percent we’re beginning to see the fruits of a higher-pressure labor market,” Fischer said Tuesday in response to questions following a speech at Howard University in Washington.…
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Australian GDP Growth to Weaken in the Second Quarter
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👤Lisa Harris
🕔September 4, 2016
A large number of market analysts currently share an opinion that a slowing was shown by Australia’s economic growth in the second quarter of 2016. These market analysts including central bank economists, believe that Australian Q2 GDP growth will be a fraction of the rate seen in the first quarter.…
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