Migrant spending and consumers boosts German GDP
Nov 24, 2015 12:39 pm UTC| Insights & Views Economy
Today German GDP figure was released, which showed German economy grew 0.3% in third quarter, up 1.8% from a year ago. While the growth figure is much better than 1.6% y/y in second quarter and 1.1% in the first, a...
Domestic demand to lead German’s Q3 GDP
Nov 24, 2015 06:19 am UTC| Commentary Economy
Based on the preliminary report, Germans Q3 GDP expanded by 0.32% qoq. The economy posted 0.44% growth in Q2. The domestic demand is likely to lead the growth rate in this quarter. We expect private and government...
Taiwan's growth remains disappointing
Nov 24, 2015 01:08 am UTC| Commentary Economy
October industrial production came in weaker than expected. The year-onyear growth contracted 6.2%, worse than the -5.5% in September and the consensus forecast of -5.4%. This also underperformed the export orders data...
Mexico inflation remains low on food and transport prices; core inflation rising
Nov 24, 2015 00:32 am UTC| Commentary Economy
While the headline inflation rate has slipped further over the past couple of months, core inflation has moved up from 2.3% yoy in August to 2.47% yoy in October on the back of a rise in inflation in categories such as...
German domestic demand back on track in Q3
Nov 23, 2015 23:15 pm UTC| Commentary Economy
In Q3, German GDP grew by 0.32% qoq, according to the preliminary release, which compared with 0.44% in Q2 and was lower than the 0.36% forecast. This weeks release will provide the first breakdown of growth, which should...
Australia's economic growth rebalancing progressing reasonably well
Nov 23, 2015 22:11 pm UTC| Commentary Economy
Resource investment retrenchment an easing headwind. Mining investment peaked in Q4 2012 and by Q2 2015 it had declined by 33% - or from around 8% of GDP to 5%, according to the RBA. But it estimates that the decline is...
French capex growth to accelerate to 2.7% yoy in 2016
Nov 23, 2015 21:43 pm UTC| Commentary Economy
Non-financial corporate investment increased for the sixth quarter in a row in Q3 15(+0.7% qoq, 2.1% yoy). From an historical point of view, the capex recovery remains modest (it usually increases by 4% during cyclical...