Inflation weak in India but tailwinds ahead
May 13, 2015 07:12 am UTC| Commentary
Indias April CPI inflation clocked yoy growth of 4.9% (a four-month low), in line with market expectations and lower than our estimate of 5.2% yoy. A closer look at the data, however, shows that the rise in food prices has...
France's April inflation to continue its rebound
May 13, 2015 06:32 am UTC| Commentary
Frances HICP inflation printed at 0.0% yoy in March, up from -0.3% yoy in February while the national CPI fell by -0.1% yoy. The main surprise came from energy prices. Whereas gasoline prices rose by 3.0% last month, the...
Euro area industrial output likely to increase further in Q1
May 13, 2015 06:27 am UTC| Commentary
With some data being released last week, both Germany and France saw a weakening in industrial production in March, at -0.7% and -0.3% mom, respectively.Available national data accounting for 82.4% of global euro area...
Euro area consumption-led recovery above potential growth
May 13, 2015 06:23 am UTC| Commentary
Euro area GDP is likely to grow by 0.5% qoq in Q1 2015, notes Societe Generale. This would represent 1.9% qoq at annualised rate, significantly higher than euro area GDP potential (1.0%). This cyclical recovery would be...
Modest recovery in China's activity data expected
May 13, 2015 05:15 am UTC| Commentary
Chinas industrial production growth is expected to recover modestly to 5.8% yoy in April from 5.6% yoy in March, the lowest level since the financial crisis, says Societe Generale. The April manufacturing PMI reports...
US April consumer spending may show continued torpor
May 13, 2015 05:07 am UTC| Commentary
US retail sales have disappointed the consensus view for four months in a row, giving the April reading (Wednesday, 08:30 ET) particular importance. A fifth disappointment is likley accroding to Standard Chartered as it...
No change expected in BSP’s policy rate decision
May 13, 2015 05:02 am UTC| Commentary
Bangko Sentral ng Pilipinas (BSP) will announce its policy rate decision on 14 May. BSP to keep the reserve repo and special deposit account (SDA) rates on hold at 4% and 2.5%, respectively, says Standard Chartered. BSP...
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