The German economy rebounded in the first quarter after narrowly avoiding recession late last year, led by a strong rise in household consumption and a booming construction sector, the Federal Statistical Office said Thursday. Germany's gross domestic product--the broadest measure of goods and services produced in an economy--expanded 0.4% in the three months through March from the previous quarter, which equals an annualized growth rate of 1.7%. The statistics body said that private consumption surged 1.2% from the fourth quarter, whereas government consumption declined 0.3% after a...

Read more

RECENT NEWS

The U.K. labor market continued its impressive performance in the three months through February as employment jumped and wage growth far outpaced inflation. The number of people in work rose by 179,000 to a record high, keeping unemployment at 3.9 percent, the lowest rate since 1975, the Office for National Statistics said on Tuesday. Basic wages rose 3.4 percent from a year earlier,...

China's exports rebounded in March but imports shrank for a fourth straight month and at a sharper pace, painting a mixed picture of the economy as trade talks with the United States reach their endgame. Investors are hoping for signs of economic recovery in China to temper worries about slowing global growth, after the IMF this week downgraded its 2019 world outlook for the third time. But...

U.S. producer prices rose more than expected in March, according to official data released on Thursday. The Labor Department said its producer price index (PPI) increased 0.3% last month, while the core PPI, which excludes food and energy costs, rose 0.6%. In the 12 months through February, the growth was 2.2% and 2.4%, respectively. The Fed watches this data because higher costs for...

Chinas consumer inflation surged in March on rising food prices, while factory-gate prices rebounded from close to zero. The consumer price index rose 2.3 percent last month from a year earlier after gaining 1.5 percent in February, while factory price growth accelerated to 0.4 percent, according to the National Bureau of Statistics. That compares to estimates of 2.3...

Growth in U.S. consumer prices showed little variation in March, underlining the case for the Federal Reserve to maintain its current wait-and-see stance. The consumer price index rose 1.9% from a year ago, while core inflation, that excludes volatile food and energy costs, increased 2.0%. That compared to consensus forecasts for them to rise 1.8% and 2.1%, respectively. For the month, the CPI...

The U.K. economy appears to be on course for a stronger-than-forecast first quarter after gross domestic product unexpectedly rose in February, despite the escalating crisis over Brexit. GDP gained 0.2 percent from January, when it jumped 0.5 percent, the Office for National Statistics said Wednesday. Economists had expected output to flat-line. It left the three-month growth rate at 0.3...

The US economy gained 196K jobs in March, slightly better than expected. February was revised up to 33K from only 20K expected. However, wages are up 0.1% MoM and 3.2% YoY. The unemployment rate is at 3.8% with a drop in participation down to 63%. Private payrolls are up 182K, better than the ADP number that stood at 129K. The U-6 Underemployment Rate is unchanged at 7.3%. The net revision for...

The pace of hiring sped up in March as the U.S. economy added 196,000 jobs, rebounding from a paltry gain in the prior month. The increase in new jobs beat the 172,000 MarketWatch forecast. The jobless rate was unchanged at 3.8%. The average wage paid to American workers rose 4 cents, or 0.1%, to $27.70 an hour. The 12-month rate of hourly wage gains slipped to 3.2% from 3.4%. Hours worked each...

ASIA
Japan's Wage Gains Accelerate in November Despite Gloomy Outlook
Wednesday, 9 January 2019 07:18 WIB Japanese wages rose more than expected in November, offering hope of stronger consumer spending that could fuel inflation if gains are...
UNITED STATES
Asian markets closed for holiday
Monday, 31 December 2018 09:15 WIB Financial markets in Indonesia, Japan, the Philippines and South Korea are closed on Monday for a public holiday. AFP
EUROPE
U.K. Wages Grow at Fastest Pace Since 2008 in Tight Labor Market
Tuesday, 22 January 2019 17:09 WIB Britons are enjoying the strongest wage growth since the financial crisis a decade ago as the labor market tightens. Average earnings excluding...
GLOBAL ECONOMY
Trump Says China Will `Reduce and Remove' Car Import Tariffs
Monday, 3 December 2018 12:08 WIB U.S. President Donald Trump said China has agreed to œreduce and remove tariffs on American cars from 40 percent currently. He gave...

DISCLAIMER

Seluruh materi atau konten yang tersaji di dalam website ini hanya bersifat informatif saja, dan tidak dimaksudkan sebagai pegangan serta keputusan dalam investasi atau jenis transaksi lainnya. Kami tidak bertanggung jawab atas segala akibat yang timbul dari penyajian konten tersebut. Semua pihak yang mengunjungi website ini harus membaca Terms of Service (Syarat dan Ketentuan Layanan) terlebih dahulu dan dihimbau untuk melakukan analisis secara independen serta memperoleh saran dari para ahli dibidangnya.