Bank of Japan's 2% inflation target to be a firm objective

Sep 21, 2015 06:31 am UTC| Commentary

The BoJ stresses that inflation is strengthening as a result of yen depreciation and recovery in domestic demand, which is also putting upward pressure on food costs. In other words, the BoJ finds it difficult to capture...

Japan's corporates to be cautious

Sep 21, 2015 06:28 am UTC| Commentary

Japans corporates are now aware of the rising risk that further price increases could result in the deterioration of consumer demand.Thus, corporates are cautious about increasing prices. The situation in China with the...

More stagnant Japan inflation in August

Sep 21, 2015 06:26 am UTC| Commentary

As there will be a base effect on Japans CPI due to last years fall in oil prices from H2 2014 to the beginning of 2015, CPI (excluding fresh food) ultimately should be below 0% yoy, the weakest point since April 2013....

UK manufacturing sector struggles due to weak export demand

Sep 21, 2015 06:16 am UTC| Commentary

UK manufacturing sector is struggling. Output has fallen in three of the last four months, with a dip of 0.8% mom in July, the most recent observation. The main culprit appears to be weak external demand.The September CBI...

UK public finances continue on their improving path

Sep 21, 2015 06:14 am UTC| Commentary

UK budget deficit is clearly improving compared to the previous fiscal year. In the four months to July, spending was flat compared to the same period a year earlier whereas revenues were up 4.4%.As always, there are...

French business confidence to remain unchanged in September

Sep 21, 2015 05:38 am UTC| Commentary

The improvement for the whole economy would come from higher confidence in the retail and construction sectors. The INSEE business survey is a reliable tool that uses a sample of 20,000 companies (many more than the PMI...

Weaker expectations but resilient German current conditions expected in September

Sep 21, 2015 05:27 am UTC| Commentary

Despite the weakening, the business climate index remains nearly 1 standard deviation above its long-term average, signalling a still robust outlook for the German economy."In September, the Ifo business climate index is...