Eurozone’s construction output rises in July as building construction and civil engineering increase

Sep 19, 2016 10:12 am UTC| Commentary Economy

Production in the euro areas construction sector rose in July on sequential basis, according to the first estimate released by the official statistical office of the EU, Eurostat. The first estimate showed that the...

JPY to remain under appreciation pressure; BoJ unlikely to reach its inflation target in near-term

Sep 19, 2016 09:11 am UTC| Economy Central Banks Commentary

The Japanese yen is expected to remain under appreciation pressure in the near term as the Bank of Japan fuelled high expectations of its meeting this coming Wednesday. However, it remains highly unlikely that it will be...

China likely to maintain rapid pace of growth over the coming months, says Scotiabank

Sep 19, 2016 08:33 am UTC| Commentary Economy

The Chinese economy is expected to maintain a rapid pace of economic growth over the coming quarters, according to a report released by the Scotiabank last week. However, its economic transition away from external...

Czech July import, export price data underline disinflationary forces; inflation unlikely to reach 2 pct

Sep 19, 2016 07:30 am UTC| Commentary Economy

Czech Republics import and export price data from July continued to underline the disinflationary forces at play in the economy. Annual changes in import prices came in slightly negative at -4.5 percent as compared with...

Developing economies likely to be less affected by post-Brexit fallout, says KfW

Sep 19, 2016 07:13 am UTC| Commentary Economy

The June 23 United Kingdom referendum that concluded in a vote demand the exit of the UK from the European Union is expected to have limited implications for the developing countries, but a noticeable impact on the...

Taiwan’s potential GDP growth likely to slow on rise in ageing population

Sep 19, 2016 06:33 am UTC| Commentary Economy

Taiwans potential growth in its gross domestic product is likely to slow down against the backdrop of rising old-age population. Slower working age population growth implies slower GDP growth. Meanwhile, old people are...

UK house prices snap two-month decline in September, shrug off Brexit uncertainties

Sep 19, 2016 06:20 am UTC| Commentary Economy

Housing prices in the United Kingdom snapped two-month decline during September, shrugging off post-Brexit vote uncertainties that are throttling the economic growth of the common currency zone. The average asking price...