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Thursday, 23 May 2019 14:38 WIB

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...

RECENT NEWS
German flash manufacturing PMI hits 6-year lows of 44.7 in March, EUR drops sharply
Friday, 22 March 2019 16:26 WIB | Ekonomi Jerman PMI Ekonomi Eropa

German manufacturing activity grew at the weakest pace in six years in the month of March, the latest manufacturing activity report from IHS/Markit research showed this Friday. The German manufacturing purchasing managers index (PMI) slipped deeper into contraction territory and arrived at 44.7 versus 48.0 expected and 47.6 previous. Meanwhile, services PMI dropped to a two-month low level of 54.9 as against previous months reading of 55.3 and 54.8 anticipated. The IHS Markit Flash Germany Composite Output Index hit 69-month lows of 51.5 in March, down from 52.8 booked in...

UK Retail Sales +0.4% M/M in February vs. -0.4% Expected
Thursday, 21 March 2019 16:55 WIB | Ekonomi inggris

The UK retail sales recorded an unexpected growth of 0.4% m/m in February, beating market expectations of -0.4% by a big margin. Meanwhile, while core retail sales stripping the auto motor fuel sales also bettered market expectations and rose 0.2% m/m during the reported month. On an annualized basis, the UK retail sales growth stood at 4.0%, down from 4.2% previous but still better than 3.3% expected, and the core retail sales eased to 3.8% versus 4.1% previous. Source : FXstreet

Australian Employment Rose 4,600 in Feb; Estimate 15,000 Gain
Thursday, 21 March 2019 09:41 WIB | Australia

Australia's central bank is under increasing pressure to resume interest-rate cuts after a 2-1/2 year hiatus; it has used the strength of the labor market -- strong hiring and low unemployment -- to resist those calls. If employment holds up, then the RBA will retain its room to maneuver. But if it weakens over several months -- the data's volatility suggests one reading would be insufficient -- then policy makers are likely to have little choice but to ease. The statistics bureau released the data in Sydney on Thursday. Unemployment rate 4.9%; est. 5%. Full-time jobs fell 7,300. Part-time...

UK CPI unexpectedly rises 1.9% y/y in February, core CPI disappoints
Wednesday, 20 March 2019 17:00 WIB | Ekonomi inggris

The UK Consumer Prices Index (CPI) 12-month rate came in at 1.9% in February, up from Januarys 1.8% and bettering the 1.8% print expected, the UK Office for National Statistics (ONS) reported on Wednesday. Meanwhile, the core inflation gauge (excluding volatile food and energy items) arrived at 1.8% y/y versus 1.9% booked in January while missing the consensus forecast. The monthly figures showed that the UK consumer prices rebounded 0.5% in February, matching +0.5% expectations and -0.8% last. Main Points (via ONS): œRising prices for food, alcohol and tobacco, and across a range...

UK wages rose by 3.4% in January, beat expectations
Tuesday, 19 March 2019 16:48 WIB | Ekonomi inggris

The Office for National Statistics (ONS) showed on Tuesday, the UK's average weekly earnings, excluding bonuses met expectations, arriving at 3.4% 3m y/y versus 3.4% last and 3.4% expected while the gauge including bonuses came in at 3.4% 3m y/y versus 3.4% previous and 3.2% expected. The Kingdoms official jobless rate dropped to 3.9% in January, while the claimant count change showed a bigger-than-expected increase. The number of people claiming jobless benefits rose sharply by 27k in February, against expectations of a 2.7k increase and +14.2k seen previously. The claimant count rate...

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ASIA
Kenaikan Upah Jepang Berakselerasi pada November Meski Prospek yang Suram
Wednesday, 9 January 2019 07:18 WIB

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,...

UNITED STATES
Pasar Saham Asia ditutup untuk liburan
Monday, 31 December 2018 09:15 WIB

Pasar finansial di Indonesia, Jepang, Filipina dan Korea Selatan ditutup pada Senin ini dikarenakan untuk hari libur Nasional. AFP

EUROPE
Pasar Tenaga Kerja Ketat, Upah Inggris Tumbuh pada Kecepatan Tercepat Sejak 2008
Tuesday, 22 January 2019 17:09 WIB

Warga Inggris menikmati pertumbuhan upah terkuat sejak krisis keuangan satu dekade lalu seiring pasar tenaga kerja semakin ketat. Pendapatan rata-rata tidak termasuk bonus terus meningkat 3,3...

GLOBAL ECONOMY
Trump Mengatakan China Akan `Mengurangi dan Mengeluarkan' Tarif Impor Kendaraan
Monday, 3 December 2018 12:08 WIB

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...