U.K. consumer sentiment index rises in August, consumer spending growth likely to remain weak in Q3

Aug 31, 2018 19:08 pm UTC| Commentary

The U.K. consumer sentiment survey released by GfK came in surprisingly positive for the month of August. The GfK consumer confidence index rose by 3 points to -7 percent, the top end of the recent range. Consumers...

Indian economic growth accelerates in Q1 FY2019 to highest in over two years, RBI to stay on hold through 2018

Aug 31, 2018 18:29 pm UTC| Commentary

Indian economy growth accelerated to the highest in over two years in the June quarter. In the first quarter of fiscal year ending March 2019 (FY 2019), the GDP grew 8.2 percent year-on-year following the growth of 7.7...

Italian economic growth eases in Q2 2018

Aug 31, 2018 17:41 pm UTC| Commentary

Italys second quarter 2018 data was released today. In the seasonally and calendar adjusted data, chained volume measure of GDP was estimated to have risen 0.2 percent on a quarter-on-year basis, while it is estimated to...

U.S. August University of Michigan consumer sentiment index revised up to 96.2

Aug 31, 2018 17:14 pm UTC| Commentary

Consumer confidence in the U.S. for the month of August was upwardly revised a bit. The final estimate of the University of Michigan consumer sentiment was revised up to 96.2 from 95.3, but remained the lowest reading for...

Australian total private sector credit growth rebounds in July

Aug 31, 2018 15:49 pm UTC| Commentary

Australian housing credit impulse rises in July. The total private sector credit growth rebounded in the month, rising to 0.4 percent on a sequential basis from Junes 0.3 percent rise. However, on a year-on-year basis, the...

Italian consumer price inflation and core inflation accelerate in August

Aug 31, 2018 14:21 pm UTC| Commentary

Italian flash headline inflation accelerated in August. The official statistical institute showed that the preliminary estimates indicate that the consumer price index rose 0.5 percent sequentially in August. On a...

Global Geopolitical Series: U.S. slaps duties on rubber bands from China and Thailand

Aug 31, 2018 14:15 pm UTC| Commentary Economy

Yesterday, the U.S. Commerce Department concluded its preliminary investigations into imports of rubber bands from Thailand and China and it has found that exporters are dumping the product in the United States at a lower...