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Australian GDP grew by 0.8%
Wednesday, 06 September 2017
News

Australian GDP grew by 0.8%

Gross Domestic Product rose by 0.8% on the quarter, and 1.8% on the year. This matched market forecasts but, in the wake of some strong construction and export data for the same period, investors may have dared to hope for more. If so, they were out of luck. Still, the outcome is better than the first quarter’s respective gains of 0.3% and 1.7% andis arguably not too bad given Hurricane Debbie’s baleful impact on economic activity.

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ADP report showed rise by 237,000 jobs
Wednesday, 30 August 2017
News

ADP report showed rise by 237,000 jobs

Private sector employment increased by 237,000 jobs from July to August according to the August ADP National Employment Report. “In August, the goods-producing sector saw the best performance in months with solid increases in both construction and manufacturing,” said Ahu Yildirmaz, vice president and co-head of the ADP Research Institute. “Additionally, the trade industry pulled ahead to lead job gains across all industries, adding the most jobs it has seen since the end of 2016. This could be an industry to watch as consumer spending and wage growth improves.”

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UK GDP grew by 0.3% in Q2
Thursday, 24 August 2017
News

UK GDP grew by 0.3% in Q2

UK gross domestic product (GDP) in volume terms was estimated to have increased by 0.3% between Quarter 1 (Jan to Mar) and Quarter 2 (Apr to June) 2017, unrevised from the preliminary estimate. In the output measure of GDP, growth was driven by services, which grew by 0.5% between Quarter 1 and Quarter 2.

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Eurozone GDP rose by 0.6% in Q2
Wednesday, 16 August 2017
News

Eurozone GDP rose by 0.6% in Q2

Seasonally adjusted GDP rose by 0.6% in both the euro area (EA19) and the EU28 during the second quarter of 2017, compared with the previous quarter, according to a flash estimate published by Eurostat, the statistical office of the European Union. In the first quarter of 2017, GDP grew by 0.5% in both zones.

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