US gasoline demand rises to highest level since August 2007
May 29, 2015 09:40 am UTC| Commentary
Oil prices rose again for the first time yesterday after two days of considerable losses. For a while they looked like chalking up their third day of losses in a row, until prices began to recover in the later course of...
French household consumption soft start in Q2
May 29, 2015 09:28 am UTC| Commentary
French household consumption of goods stabilised in April, posting growth of 0.1% m/m. A rebound in manufactured goods drove the rise, edging up 0.3% over the month. Meanwhile, the fall in consumption of energy was...
India's Q4 GDP growth likely to be lower than previous quarter
May 29, 2015 09:17 am UTC| Commentary
Indias Q4FY15 GDP is expected to clock growth at 7.3%, just a tad lower than the 7.5% growth recorded in the previous quarter. Given that Indias new GDP series has a very short history and is at odds with other relevant...
Chile's unemployment rate likely moderated in April
May 29, 2015 09:01 am UTC| Commentary
The Chilean unemployment rate subsided to 6.1% in March after peaking at 6.7% in August 2014, and Societe Generale expects it to moderate further to 6.0% in April. Most of the reduction came via the decline in labour force...
Brazilian economy likely contracted in Q1 on falling private domestic and external demand
May 29, 2015 07:58 am UTC| Commentary
The fall in industrial production and economic activity (both supply-side indicators) points to demand-side contraction in Q1 of -1.7% yoy or -0.8% qoq (versus a contraction of -0.3% yoy in Q4). Given the acute fall in...
US GDP revisions to indicates a weaker start
May 29, 2015 07:48 am UTC| Commentary
The BEAs first estimate of Q1 GDP figures put growth at just 0.2%. The revisions are likely to show that the economy contracted by 0.7% annualized, marking an even weaker start to the year since previously thought. Trade...
BoC takes precautionary measures on GDP
May 29, 2015 07:31 am UTC| Commentary
Todays publication of the Canadian GDP data for Q1 is likely to suggest once again that the effects of the fall in the oil price on the real economy are not as bad as originally expected. "Growth of 0.3% qoq on an...
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