Energy takes toll on Norwegian manufacturing
Dec 07, 2015 12:42 pm UTC| Commentary Economy
Fall in energy prices, Norways top exports is taking heavy toll in overall a manufacturing, extraction and mining sector. This slowdown is likely to worsen outlook for the country and its job market. Norway notably...
No sign of improvement in Taiwan exports
Dec 07, 2015 12:41 pm UTC| Commentary Economy
Taiwans exports are declined by 16.9% year on year in November against -11.0% in October. This is the largest fall since August 2009. On a month on month seasonally adjusted shipment exports are dropped by 3.8%., which...
Further fiscal slippage likely limited for South Africa
Dec 07, 2015 07:37 am UTC| Commentary Economy
South Africa is seeing weak growth and higher public wage settlements, which imply challenges for the governments promises of reducing budget deficit and stabilizing the debt/GDP ratio. The government presented a...
Russian inflation begins deceleration
Dec 07, 2015 04:10 am UTC| Commentary Economy
Russian inflation decelerated to 15.0 % yoy in the month of November, from 15.6% yoy of the previous month. This is modestly below the consensus expectations. While there is decline in inflation, the monthly level at...
India's GST committee tables proposals
Dec 07, 2015 02:28 am UTC| Commentary Politics Economy
In midst of the winter parliamentary session, the government is keen to gain traction on the key Goods and Services Tax (GST) bill. Passage of the latter will provide the much-needed impetus on big-ticket reforms. Towards...
Malaysia's exports surged but largely due to valuation effect from weaker currency
Dec 07, 2015 02:10 am UTC| Commentary Economy
Malaysias exports surged but largely due to valuation effect from weaker currency. Export sales for October rose by a stunning 16.7% YoY. This is the fifth consecutive month of increase, the highest since April 2014 and...
Taiwan's lagging recovery continues to put pressure on policymakers
Dec 07, 2015 01:58 am UTC| Commentary Economy Politics
Taiwans growth recovery remains slow and lagging. In spite of the rebound in Oct export orders, industrial production has picked up only modestly due to cyclical and structural constraints. It is production that drives...
Canada retail sales rises in September