Brazil’s retail sales fall surprisingly in May; private consumption likely to contract again in Q2

Jul 13, 2016 11:57 am UTC| Commentary Economy

Brazils retail sales dropped surprisingly in May by 1 percent on month-on-month terms. It was worse than consensus expectations of a drop of 0.4 percent month-on-month. The revised print of April was a rise of 0.3 percent....

China's June trade figures not encouraging, suggest moderation in Q2 GDP growth

Jul 13, 2016 11:32 am UTC| Insights & Views Economy

According to the data released earlier today, Chinese trade balance for the month of June fell to 311 billion, down from Mays surplus of 325 billion. The data was lower than theconsensus estimate of 320 billion. Chinas...

Australia’s employment growth likely weakened in June but underlying trend to remain firm

Jul 13, 2016 11:27 am UTC| Commentary Economy

The underlying trend in Australias labor market is expected to remain firm, given the whole economic output growth is likely to remain strong. But the sample rotation indicates towards a weak labor market report in June as...

Eurozone industrial production plunges in May, potential recovery doubted

Jul 13, 2016 11:20 am UTC| Commentary Economy

Eurozones industrial production fell sharply in May, snapping almost all the gains earned during the previous month, raising doubts over the potential recovery of the currency bloc, especially post Britains exit from the...

Italian consumer price index rises on monthly basis but falls on year-on-year basis in June

Jul 13, 2016 11:09 am UTC| Commentary Economy

Italys consumer price index for June rose 0.1 percent on a month-on-month basis, but dropped 0.4 percent on year-on-year basis, confirming the flash reading, according the countrys official statistics office ISTAT. Core...

French consumer prices rise slightly in June

Jul 13, 2016 09:39 am UTC| Commentary Economy

Consumer prices in June rose slightly as increase in prices of energy was partly countered by a drop in prices of fresh food and certain manufactured goods at the start of the sales season. Frances statistics agency INSEE...

India’s retail inflation at 22-month high; to create anxiety in next policy meet

Jul 13, 2016 09:23 am UTC| Commentary Economy Central Banks

Consumer price index in India rose to22-month high, a likely cause of concern in the Reserve Bank of Indias next policy meet in August. Also, investors are eagerly awaiting the nomination of Rajans successor whose term...