Australia's May retail sales growth likely to be stronger
Jun 29, 2015 05:13 am UTC| Commentary
Australias retail sales for May is scheduled to release on Friday.Despite stagnating in April, an expansion in May retail sales is expected - but merely in line with trend at 0.3% mom (identical to the average gain in 2014...
Flash June Spanish inflation at -0.2% yoy
Jun 29, 2015 05:12 am UTC| Commentary
The bulk of the rise in flash Spanish HICP inflation came from a rise in the prices paid for services, more specifically transport services, and prices paid for food, alcohol and tobacco. The energy- and goods component...
Flash June Italian HICP consumer prices to rise by one tick
Jun 29, 2015 05:05 am UTC| Commentary
Italian energy prices are expected to be the main driver behind higher consumer prices as the other metrics should remain broadly stable across the board.HICP inflation and prices paid for services in May rose due to a...
Australia's trade balance to bounce back from blow-out deficit
Jun 29, 2015 05:04 am UTC| Commentary
The drastic AUD2.7bn deterioration in Australias trade balance in April was driven by a slump in export values as well as a surge in imports. Both are expected to have reversed in May."On the import side we already have...
Australia's credit growth pickup after RBA rate cut
Jun 29, 2015 04:58 am UTC| Commentary
Australias private sector credit slowed markedly in monthly terms in April to the weakest in 18 months, but following the RBAs latest rate cut at the start of May a rebound is expected. It is not only that the 25bp...
France's softening household consumption
Jun 29, 2015 04:57 am UTC| Commentary
In France, household consumption boosted by a combination of lower oil prices and low inflation, was the main growth driver in Q1. Consumption might be starting to ease, and will continue to ease over the coming months, on...
German improvement in unemployment to remain slow in June
Jun 29, 2015 04:51 am UTC| Commentary
While the overall conditions in the German labour market remain positive, with vacancies continuing to rise to new historical highs, the modest pace of activity and higher uncertainty is likely to weigh on hiring still for...