Domestic and foreign demand likely to drive Czech economic growth – Erste Group Research
Sep 13, 2017 20:38 pm UTC| Commentary
The Czech economic growth rose sharply in the second quarter, coming in at 4.7 percent year-on-year. The positive upward movement was mainly because of household consumption. Household consumption positively contributed 2...
U.S. federal budget deficit totals USD 107.7 billion in August
Sep 13, 2017 20:37 pm UTC| Commentary
The U.S. federal budget deficit came in at USD 107.7 billion in August. Meanwhile, revenue growth seems to have bottomed out; however, spending growth continues to outpace it. The federal budget deficit came in slightly...
Swedish inflation expectations rise for all time horizons
Sep 13, 2017 18:49 pm UTC| Commentary
Inflation expectations in Sweden rose for all time horizons, showed Prosperas quarterly survey. Most significant is the uptick for the longer time horizon. Inflation expectations for the five-year horizon came in at 2.15...
U.K. employment gains rise in August, jobless rate likely to drop further down in months ahead
Sep 13, 2017 18:28 pm UTC| Commentary
The upwardly surprise to U.K. inflation, which raised expectations of more hawkish signals from the MPC later this week, saw financial markets react, with sterling rising and Gilts falling, noted Daiwa Capital Markets...
Euro area employment rises in Q2, jobless rate likely to fall below 9 pct by end-2017
Sep 13, 2017 18:02 pm UTC| Commentary
The euro area labor market figures came in line with a broad continuation of the recent positive trend. Euro area employment rose 0.4 percent sequentially in the second quarter, just 0.1 percentage point weaker than the...
Euro area industrial production grows strongly year-on-year in August
Sep 13, 2017 16:41 pm UTC| Commentary
Economic data for the euro area released on Wednesday continued to be in line with ongoing strong expansion in the currency bloc. Industrial production in the euro area rose 0.1 percent sequentially in July. However, that...
Swedish Q2 economic growth downwardly revised to 1.3 pct sequentially and 3.1 pct y/y
Sep 13, 2017 16:04 pm UTC| Commentary
The Swedish economic growth for the second quarter was downwardly revised on Wednesday, as expected. But the economic growth for the earlier years was upwardly revised. Furthermore, cost pressures are higher than...