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Friday, 29 July 2016
News

Eurozone inflation at 0.2%

Euro area annual inflation is expected to be 0.2% in July 2016, up from 0.1% in June 2016, according to a flash estimate from Eurostat, the statistical office of the European Union. Looking at the main components of euro area inflation, food, alcohol & tobacco is expected to have the highest annual rate in July (1.4%, compared with 0.9% June), followed by services (1.2%, compared with 1.1% in June), non-energy industrial goods (0.4%, stable compared with June) and energy (-6.6%, compared with -6.4% in June).

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Tuesday, 28 June 2016
News

US GDP increased by 1.1% in Q1

Real gross domestic product increased at an annual rate of 1.1% in the first quarter of 2016, according to the 
"third" estimate released by the Bureau of Economic Analysis. In the fourth quarter of 2015, real GDP increased 1.4%. The increase in real GDP in the first quarter reflected positive contributions from personal consumption expenditures (PCE), residential fixed investment, state and local government spending, and exports that were partly offset by negative contributions from nonresidential fixed investment, private inventory investment, and federal government spending. Imports, which are a subtraction in the calculation of GDP, decreased.
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Wednesday, 01 June 2016
News

Australian GDP grew by 1.1% in Q1

Australia’s economy grew at the fastest pace in four years last quarter  even as diminishing inflation pressures spurred the central bank to cut interest rates in May. Gross domestic product rose 1.1% from three months earlier, when it gained a revised 0.7%, and beat economists’ estimates for 0.8% increase. From a year earlier, the economy expanded 3.1%, compared with estimates for a 2.8% gain.
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Friday, 27 May 2016
News

US GDP grew by 0.8%

Real gross domestic product increased at an annual rate of 0.8% in the first quarter of 2016, according to the "second" estimate released by the Bureau of Economic Analysis. In the fourth quarter, real GDP increased 1.4%.In the advance estimate, the increase in real GDP was 0.5%. With the second estimate for the first quarter, the decrease in private inventory investment was smaller than previously estimated.
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