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...

Euro economy unimpressed by global headwinds

Nov 23, 2015 16:08 pm UTC| Commentary Economy

Weaker demand from the emerging markets has not dampened good sentiment in the economy so far. In November, the Purchasing Managers Indices climbed to new highs for the year. The index for the manufacturing sector rose by...

Euro Zone PMI rises but won’t deter ECB from boosting QE

Nov 23, 2015 15:54 pm UTC| Commentary Economy

Novembers solid increase in the euro-zone composite PMI indicates that the regions recovery might speed up in Q4 after Q3s slight slowdown. The rise in the headline output index from 53.9 to 54.4 was better than the...

US Markit flash manufacturing PMI slides to two-year low in November

Nov 23, 2015 15:41 pm UTC| Commentary Economy

The Markit manufacturing PMI declined to 52.6 in the November flash estimate, coming in below consensus expectations (54.0), as the headline index slid to the lowest level since 2013. Output declined to 54.6 (previous:...