Mexico retail sales growing at an impressive pace
Aug 20, 2015 04:32 am UTC| Commentary
Despite Mexicos growth weakness in H1 and the visible effect of the slowdown in the labour market, retail sales on average have continued to trend up this year, in part due to the low base effect in H1 2014 and partly due...
Mexico's GDP growth likely slowed in Q2
Aug 20, 2015 04:31 am UTC| Commentary
Mexicos industrial production and economic activity releases suggest that growth likely slowed to 2.0% yoy in Q2 even though activity growth improved to 2.2% yoy in June. While the supply side proxy puts Q2 growth at 2.1%...
Mexico's GDP growth likely slowed in Q2
Aug 20, 2015 04:30 am UTC| Commentary
Mexicos industrial production and economic activity releases suggest that growth likely slowed to 2.0% yoy in Q2 even though activity growth improved to 2.2% yoy in June. While the supply side proxy puts Q2 growth at 2.1%...
Brazil labour market deterioration continues as unemployment rate to hit 7%
Aug 20, 2015 04:29 am UTC| Commentary
While non-seasonally adjusted data shows Brazil unemployment rate falling to 4.3% in December 2014 and rising to 6.9% through June 2015, seasonally-adjusted series suggests the unemployment rate actually bottomed at 4.5%...
Brazil inflation acceleration continues in Q3
Aug 20, 2015 04:26 am UTC| Commentary
While Brazil mom prices rose 0.62% in July, less than the 0.79% mom in June, annual inflation jumped to 9.56% yoy from 8.89% yoy in June. The acceleration was quite broad-based with the mom rate of price change exceeding...
U.S. CPI infaltion gives FOMC members confidence
Aug 20, 2015 04:17 am UTC| Commentary
The U.S. July CPI inflation rose for the fifth consecutive month as the drag from last years energy price declines continued to fade and as core prices rose moderately. Headline CPI increased by 0.1% m/m in seasonally...
China Yuan Reminbi devaluation and FOMC hike to impact MYR
Aug 20, 2015 04:15 am UTC| Commentary
The CNY devaluation added to MYRs woes caused by the ongoing corruption probe into PM Najib and softer commodity prices. At the end of July, foreigners held MYR207bn (USD54.4bn) of debt securities, of which MYR165bn...
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