Statistic base effects to support Poland's Q3 data
Nov 13, 2015 07:51 am UTC| Commentary Economy
In Poland, far weaker growth is observed in the retail sales in recent months, both in nominal and real terms. In industrial production, a moderate growth was seen, which is modestly better than that of Q2. We expect...
Hungary may be benefited more on a relative basis
Nov 13, 2015 07:33 am UTC| Commentary Economy
European Central Banks QE extension will be supporting the CEE bonds, but it might help Hungary more on a comparative basis, when idiosyncratic risk prevails elsewhere. HUF assets risk premium is expected to be reduced...
Consumption leads French GDP growth
Nov 13, 2015 06:32 am UTC| Commentary Economy
In France, goods consumption, which shares 50% of total consumption posted a solid growth rate of 0.7% qoq in Q3. The industrial output inched up by 0.4% qoq at the same time.The Q3 GDP of the economy is expected to grow...
US federal deficit likely to remain at current levels in Q4
Nov 13, 2015 05:29 am UTC| Commentary Economy
US Treasury released its monthly federal budget balance statement for October, in which a deficit of $137bn was reported. This is modestly above the consensus expectations of $132bn. When compared to same period last...
India's CPI inflation accelerates, production softens
Nov 13, 2015 02:30 am UTC| Commentary Economy
Oct CPI inflation accelerated to 5% (YoY) from Seps 4.4% on higher food prices and fading base effects. Headline readings are off the sub-4% trough in Jul-Aug, with base effects and pipeline food pressures to keep...
Looking ahead to a decent Italian GDP report
Nov 12, 2015 22:23 pm UTC| Commentary Economy
Recent developments in the Italian economy indicate that activity remained unchanged at 0.3% qoq in Q3. The statistical tools put GDP growth at 0.3% qoq, in line with the increase posted in Q2. The improvement seems to...
Japanese economy contracted by a mild amount in Q3
Nov 12, 2015 22:08 pm UTC| Commentary Economy
Consensus thinks the Japanese economy contracted by a mild amount in Q3 following the sharper 1.2% contraction in Q2. Much of this is expected to be due to the tracking of softer business investment as consumption probably...
Japan Leadership Candidates Back Wage Growth, Differ on Strategies for Household Support