Brazil's rising unemployment to help inflation, but not consumption
Jun 25, 2015 05:45 am UTC| Commentary
Seasonally-adjusted series suggests that Brazils unemployment rate actually bottoming at 4.5% in June 2014 and has risen to 6.0% since then."In May, a 0.2pp increase is expected in the unemployment rate to 6.6% as...
Czech CNB meeting likely not to bring any change in monetary policy
Jun 25, 2015 05:38 am UTC| Commentary
Macroeconomic indicators have been besting expectations, with gross value added posting very solid results in Q4 14 and even better results in Q1 15.More importantly, inflation has surprised on upside, removing another...
Japan's May unemployment rate likely rose, but employment situation to strengthen in 2015
Jun 25, 2015 05:29 am UTC| Commentary
Japans unemployement data for May is due on 25th June.The number of job seekers that dropped out of the labour force increased in March and April. This led to a technical improvement in the unemployment rate (it was 3.5%...
UK retail sales strong but not that strong
Jun 25, 2015 05:22 am UTC| Commentary
The CBI Distributive Trades survey will give the first information on retail sales in (early) June.The survey makes comparisons with the same month a year earlier and so the balances are heavily influenced by the variable...
CT hike effect drops out of Japan's annual rate
Jun 25, 2015 05:21 am UTC| Commentary
Japans nationwide CPI (excluding fresh food) probably remained flat in May from a year ago (0.0% yoy), marking a significant slowdown from the +0.3% yoy observed in April. Following the introduction of the consumption tax...
EU Council to discuss further euro area economic integration but little progress likely
Jun 25, 2015 05:08 am UTC| Commentary
The key topic for the June Council is the move towards further euro area integration and to improve governance. The report from the Four Presidents (EU, Commission, ECB, and Council) will be presented. This report is...
Digital Single Market strategy, the first topic to be discussed at EU summit today
Jun 25, 2015 05:06 am UTC| Commentary
The official economic agenda at EU summit includes the Digital Single Market strategy, the European Semester, the TTIP and the report from the four Presidents on euro area integration, while Greece is no doubt going to be...
Johannesburg in a time of darkness: Ivan Vladislavić’s new memoir reminds us of the city’s fragility
Economist Chris Richardson on an ‘ugly’ inflation result and the coming budget
Labour can afford to be far more ambitious with its economic policies – voters are on board
Sudan: civil war stretches into a second year with no end in sight