Friday, 19 October 2018
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Friday, 19 October 2018 09:19 WIB

Gross domestic product increased 6.5 percent in the third quarter from a year earlier, compared to 6.6 percent in a Bloomberg survey and down from the 6.7 percent pace in the previous quarter. Industrial output rose 5.8 percent last month from a year earlier, versus the forecast of 6 percent, the statistics office said. Retail sales increased 9.2 percent in September, compared with the forecast 9 percent. Fixed-asset investment climbed 5.4 percent in the first nine months, versus a forecast of 5.3 percent. The urban monthly surveyed unemployment rate stood...

RECENT NEWS
Jobless Claims Drop 5,000 to 210,000 in Mid-October
Thursday, 18 October 2018 19:50 WIB | Klaim pengangguran AS Ekonomi AS

The number of Americans losing their jobs and applying for unemployment benefits each week remained near a 49-year low in mid-October, suggesting no visible deterioration in a sturdy U.S. economy. Initial jobless claims, a rough way to measure layoffs, dropped by 5,000 to 210,000 in the seven days ended Oct. 13. That matched the forecast of economists polled by MarketWatch. The monthly average of new claims edged up by 2,000 to 211,750. Source : Market Watch

UK Retail Sales Fall by 0.8% in September
Thursday, 18 October 2018 15:55 WIB | Ekonomi inggris UK Retail Sales

UK retail sales fell 0.8% in September, the Office for National Statistics said on Thursday. This was compared to a 0.4% increase in the previous month which was revised up from an initial gain of 0.3%. Economists had forecast a 0.4% drop. Year-on-year, retail sales rose by 3.0% last month. Analysts had penciled in a 3.6% gain. Sales in August advanced 3.4% from the year before, an upward revision from an initial 3.3%. Core retail sales, which exclude automobile sales and fuel, decreased by 0.8% in September, after rising 0.5% a month earlier. August's revision was an increase from an...

Australian Employment Rose 5,600 in Sept.; Est. 15,000 Gain
Thursday, 18 October 2018 07:47 WIB | Ekonomi Australia

Australias central bank is looking for a tightening labor market to drive wages higher and spur inflation before it considers raising interest rates for the first time since 2010. The statistics bureau released the employment data in Sydney on Thursday. Unemployment rate 5.0%; est. 5.3% Full-time jobs rose 20,300 Part-time jobs fell 14,700 Participation rate 65.4%; est. 65.7% AUD at 71.22 U.S. cents vs 71.14 cents pre-data Source : Bloomberg

U.K. Inflation Slows More Than Expected on Food, Transport
Wednesday, 17 October 2018 15:50 WIB | Ekonomi inggris UK Inflation

U.K. inflation slowed more than expected in September, dragged lower by the cost of food and transport fares. Consumer-price growth dipped to 2.4 percent from 2.7 percent in August, the Office for National Statistics said on Wednesday. The rate was lower than the median 2.6 percent forecast in a Bloomberg survey. Downward pressure came mainly from food, which fell 0.2 percent compared with a 0.8 percent rise a year earlier. There was also pressure from ferry prices, clothing and recreation and culture such as theater tickets and computer games. These influences were partly offset by...

U.K. Wages Increase at Fastest Pace in Almost a Decade
Tuesday, 16 October 2018 15:53 WIB | Ekonomi inggris

U.K. wages are growing at their fastest pace in almost a decade, suggesting the economy is continuing to operate with little slack. Average earnings excluding bonuses rose 3.1 percent in the three months through August, the most since January 2009, the Office for National Statistics said Tuesday. Unemployment held at a 43-year low of 4 percent. While wage growth remains below its pre-crisis average, muted productivity means that even a modest pickup could fuel inflation as companies raise prices to protect their margins. Bank of England officials raised interest rates in August, though...

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ASIA
Japan June core CPI rises 0.8 pct yr/yr
Friday, 20 July 2018 07:40 WIB

Japan's core consumer prices rose 0.8 percent in June from a year earlier, government data showed on Friday. The core consumer price index, which includes oil products but excludes fresh food...

UNITED STATES
Housing costs nudge inflation higher in September, CPI shows
Thursday, 11 October 2018 19:52 WIB

The higher cost of renting and owning a home nudged consumer prices higher in September, but inflation more broadly eased again after a recent runup. The consumer price index rose 0.1% in September...

EUROPE
U.K. Economy Set for Best Quarter Since 2016 Despite Flat August
Wednesday, 10 October 2018 15:46 WIB

The U.K. economy appears to be on course for its best calendar quarter in almost two years, despite a weaker-than-expected performance in August. Gross domestic product grew 0.7 percent in the...

GLOBAL ECONOMY
Jobless claims cling near 45-year low
Thursday, 2 August 2018 19:56 WIB

Initial jobless claims, a tracker of sorts for layoffs in the U.S., crept higher at the end of July but clung near a half-century low. New claims inched up by 1,000 to 218,000 in the seven days...