Spanish economic growth likely to slow to 2.8 pct in 2017, private consumption to drive growth

Jun 06, 2017 22:34 pm UTC| Commentary

Spains economy had positively surprised in the first quarter of this year by growing 0.8 percent sequentially, as compared with the 0.7 percent sequential growth recorded in the prior quarter. The Spanish economic growth...

Italian economic growth likely to accelerate slightly higher in 2017

Jun 06, 2017 22:33 pm UTC| Commentary

Italian real GDP grew modestly in the first quarter of this year by 0.2 percent sequentially, coming in line with expectations but underperforming most of euro area member states. It was the same moderate rate as in the...

Strong external demand likely to support Polish trade balance

Jun 06, 2017 21:12 pm UTC| Commentary

Poland has maintained an upbeat trade balance in the last two years, owing to the mostly the outcome of the dropping oil prices. Net exports are likely to keep a smaller but still positive contribution to the economic...

CBRT expects inflation to decelerate to 8.5 pct by end-2017 and to 6.4 pct by 2018

Jun 06, 2017 20:09 pm UTC| Commentary Economy

Turkish inflation decelerated in May. Pass-through from the TRY sell-off explains the bulk of the inflation rise since November and the Turkish lira is also the wild card for the inflation outlook, noted Nordea Bank....

Czech consumer price inflation likely to have decelerated in May

Jun 06, 2017 19:03 pm UTC| Commentary

Czech Republics consumer price inflation on a year-on-year basis had dropped to exactly the Czech National Banks target. However, the inflation is expected to have come just above the target rate in May. According to a KBC...

U.S. April JOLTS report suggests scarcity of available labor

Jun 06, 2017 17:40 pm UTC| Commentary

The April Job Openings and Labor Turnover Survey (JOLTS) report carries on indicating towards scarcity of available labor. After remaining level for most of last year, total job openings have risen sharply in recent months...

Canada’s Ivey Purchasing Managers Index drops in May on seasonally adjusted basis

Jun 06, 2017 17:27 pm UTC| Commentary

Canadas Ivey Purchasing Managers Index on a seasonally adjusted basis dropped to 53.8 in May from Aprils 62.4. It came in below consensus expectations of 62. The corresponding figure for May 2016 was 49.4 and for May 2015...