Philippines' persisting weather risks to impact inflation?
Aug 05, 2015 06:39 am UTC| Commentary
While near-term inflationary pressures look manageable, drier-than-normal weather conditions could affect agriculture production, which may risk stoking inflation.There are already signs that rice planting in the...
Indonesia public spending rebound sets stage for stronger H2
Aug 05, 2015 06:35 am UTC| Commentary
Indonesias economy posted 4.67% year on year growth in Q2. On a seasonally adjusted q/q basis, Q2 growth quickened to 1.4% from 0.8% in Q1. Consensus expected the economy to grow at 4.64%. Overall, the growth was driven by...
Philippines BSP unlikely to ease policy conditions
Aug 05, 2015 06:34 am UTC| Commentary
Low inflation will not necessarily lead BSP to ease policy conditions. With growth activity levels stable, the BSP is comfortable with the policy stance."While recent comments from the central bank indicate a calibrated...
Russia July inflation rises due to utility price adjustments
Aug 05, 2015 05:56 am UTC| Commentary
Russia inflation accelerated to 15.6% y/y in July from 15.3% in June. Utility prices are now normally adjusted in July. Because of the RUB sell-off over the past year and the concomitant acceleration in inflation, the...
Aug 05, 2015 05:46 am UTC| Commentary
Todays NZ labour market data was a little softer than markets expected. After the data was released the NZD dropped by 25 points, while the 2-year swap rate fell 1 basis point. Todays data reinforces the expectations...
Outlook for NZ wage growth still subdued
Aug 05, 2015 05:43 am UTC| Commentary
NZ wage inflation has remained stubbornly low. The private sector LCI (including overtime) rose by 0.5% in the March quarter, to be up 1.8% for the year. The broader QES measure of wage inflation did pick up to 3.2%. But...
Japan’s CPI calculation to be revised due to periodical base revision
Aug 05, 2015 05:38 am UTC| Commentary
The Statistics Bureau revises Japans CPI periodically (every five years for a base revision, in years that end in 0 or 5), as it reconsiders the items employed in calculating CPI and their weighting. Consumption patterns...
South Africa’s plan to move away from coal: 8 steps to make it succeed
Germany lowers voting age to 16 for the European elections
IceCube researchers detect a rare type of energetic neutrino sent from powerful astronomical objects