China economy continued slowing in the second quarter, with sluggish domestic output and continuing trade tensions pulling growth down to the weakest pace since the early 1990s. Gross domestic product rose 6.2.% in the April-June period from a year earlier, below the 6.4% expansion in the first quarter and matching economists™ estimates. In June, factory output rose 6.3%, retail sales rose 9.8%, while investment gained 5.8% in the first half of the year -- all three beating estimates. The slowdown adds to the pressure Chinese policy makers face as they...
The producer price index rose a modest 0.2% in April, indicating that inflation remains under wraps. Economists polled by MarketWatch had predicted a 0.3% gain. The increase in wholesale inflation over the past year was flat at 2.2%, the government said Thursday. Wholesale prices rose last month for gas and services. Wholesale food costs fell 0.2%. Excluding food, energy and trade margins, the so-called core PPI rate rose 0.4% last month. The yearly rate of increase in core prices increased to 2.2% from 2%. Source : MarketWatch
Chinas exports fell in April and imports rose, before the abrupt turn in the trade talks that has led to a re-escalation of the dispute with the U.S. Exports dropped 2.7 percent in April, while imports expanded by 4 percent last month, leaving a trade surplus of $13.84 billion, the customs administration said Wednesday. Economists forecast that exports would tick up by 3 percent while imports would slip by 2.1 percent. Source : Bloomberg
Australia's consumption, as represented by retail sales, rose slightly in the month of March, bettering estimates, the Australian Bureau of Statistics (ABS) reported on Tuesday. The retail sales arrived at +0.3 percent month-on-month, compared to the forecast of +0.2 percent and down from previous month's reading of +0.8 percent. The trend estimate rose 0.3% in March 2019. This follows a rise of 0.3% in February 2019 and a rise of 0.2% in January 2019. The seasonally adjusted estimate rose 0.3% in March 2019. This follows a rise of 0.9% in February 2019 and a rise of 0.1% in January...
Activity in China's services sector further improved in April, with export sales rising at a record pace, a private business survey showed on Monday, although the longer-term outlook for new orders stayed subdued due to global economic uncertainties. The Caixin/Markit services purchasing managers' index (PMI) climbed to 54.5, the highest since January 2018 and slightly up from 54.4 in March. The 50-mark separates growth from contraction. Export orders increased the most since the survey began measuring this in September 2014. While the growth contrasts with a slight slowdown suggested by...
The Institute for Supply Management's Non-Manufacturing PMI fell to 55.5 in April from 56.1 in March and fell short of the market expectation of 57. With the initial market reaction, the US Dollar Index turned south and erased a large part of yesterday's gains. As of writing, the index was down 0.17% on the day at 97.67. Commenting on the data, "The non-manufacturing sector has experienced an uptick in business activity, but in general, there has been a leveling off. Respondents are still mostly optimistic about overall business conditions, but concerns remain about employment resources....
Upah Jepang naik lebih dari yang diperkirakan pada bulan November, menawarkan harapan pengeluaran konsumen yang lebih kuat dapat memicu inflasi jika kenaikan berkelanjutan.
Secara keseluruhan,...
The U.S. trade deficit narrowed in April as both exports and imports tumbled, highlighting the impact of President Donald Trump™s tariffs even before negotiations with China unraveled and he...
Output from Germany's private sector remained unchanged in June, as a decline in manufacturing was offset by continued growth in services.
A flash reading of the country's composite Purchasing...
Presiden AS Donald Trump mengatakan China telah setuju untuk "mengurangi dan menghapus" tarif terhadap mobil-mobil Amerika dari 40 persen saat ini.
Dia tidak memberikan rincian lain dalam tweet-nya...