Brazil inflation acceleration continues in Q3
Aug 17, 2015 06:01 am UTC| Commentary Economy
While Brazil mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding...
Russian labour market remains soft, while wages continue to recover
Aug 17, 2015 05:45 am UTC| Commentary
The specifics of Russian local labour market are still intact. There were improvements in the unemployment rate as local enterprises prefer to limit wage bill expansion through cutting working hours, but keeping workers on...
Russian consumption is still depressed, but a moderate recovery is looming
Aug 17, 2015 05:40 am UTC| Commentary
Russias consumer demand recovered at a very slow speed which is being reflected in the very weak recovery in retail sales. On a seasonally adjusted basis, retail sales in monthly terms have seen some gains, but are still...
US consumer prices likely decelerated further in July
Aug 17, 2015 05:37 am UTC| Commentary
The U.S. consumer price index data for July is due on Wednesday. Capped by projected slowdowns in retail energy costs, the Consumer Price Index (CPI) probably climbed by 0.2% in July - the smallest increase since...
Russia's capital expenditure fail to recover from losses
Aug 17, 2015 05:33 am UTC| Commentary
Russian investment continued to be depressed, driven by pessimistic expectations expressed by enterprises in a series of recent surveys conducted by Rosstat. The gradual decline in business confidence has been accompanied...
BI rate likely to remain unchanged
Aug 17, 2015 05:29 am UTC| Commentary
While the external situation remains unfavourable, Indonesia is fast losing the available window to cut rates and boost its weakening economy. Indonesias July CPI printed at 7.26% yoy, the same as in June and much higher...
Japan to take some time to reach trade balance on a sustainable basis
Aug 17, 2015 05:23 am UTC| Commentary
Japans July trade balance is likely to have reached a balance (0). This would mark a significant improvement from the 967bn deficit seen in July 2014. As oil prices have fallen rapidly, the terms of trade are improving,...