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Thursday, 18 July 2019 15:48 WIB

U.K. retail sales unexpectedly rose last month, ending a downbeat second quarter on a more positive note. The volume of goods sold in stores and online climbed 1% in June after dropping for the previous two months, the Office for National Statistics said Thursday. Economists surveyed by Bloomberg had predicted another fall. Sales were up 0.7% in the second quarter, adding 0.04 percentage point to growth. Food sales dropped 0.3% in the period, while department stores also dragged on growth as June saw a record sixth month of declines. Consumers have been a bright spot for the...

RECENT NEWS
US: ISM Manufacturing PMI drops to 52.8 in April vs 55 expected
Wednesday, 1 May 2019 21:22 WIB | Ekonomi AS PMI AS

The Institue for Supply Management in its latest Manufacturing ISM Report On Business said that the economic activity in the manufacturing sector expanded at a slower pace than expected in April with the headline PMI slumping to 52.8 from 55.3 in March and falling short of the market expectation of 55. Assessing the data, "Comments from the panel reflect continued expanding business strength, but at the softest levels since the fourth quarter of 2016," said Timothy R. Fiore, Chair of the Institute for Supply Management (ISM) Manufacturing Business Survey Committee. "Demand expansion...

AS: CB Consumer Confidence improves to 129.2 in April from 124.2 in March
Tuesday, 30 April 2019 21:28 WIB | Ekonomi AS Cosumer Confidence

In its monthly Consumer Confidence Survey, The Conference Board reported that the consumer sentiment improved to 129.2 in April from 124.2 in March. According to the press release, both the Present Situation and the Expectation sub-indexes rose from March levels. Commenting on the data, "Overall, consumers expect the economy to continue growing at a solid pace into the summer months. These strong confidence levels should continue to support consumer spending in the near-term," said Lynn Franco, Senior Director of Economic Indicators at The Conference Board. Source : FXstreet

China's Caixin manufacturing PMI unexpectedly drops to 50.2 in April
Tuesday, 30 April 2019 09:43 WIB |

China's April Caixin manufacturing PMI came in at 50.2 vs. 51.0 expected and 50.8 last, as the overall health of China's manufacturing sector improved for the second straight month. Earlier today, the purchasing managers' index (PMI) for China's manufacturing sector arrived at 50.1 in April, down from 50.5 in March, the National Bureau of Statistics (NBS) reported. Latest PMI data showed that the overall health of China's manufacturing sector improved for the second month running in April, albeit at a softer pace. Output and total new work both rose slightly, though companies reported a...

China Manufacturing Gauge Unexpectedly Declines in April
Tuesday, 30 April 2019 08:21 WIB | PMI China

The first official gauge of China's manufacturing sector fell in April, signaling that the economic stabilization seen in the first quarter remains fragile. The manufacturing purchasing managers index stood at 50.1, down from 50.5 last month, while the non-manufacturing PMI -- a gauge of services and construction -- stood at 54.3 versus 54.8. Economists had expected the the data to be basically unchanged from March, when the factory gauge rebounded over the reading of 50 and back into expansion territory That comes after a stronger-than-expected first...

U.S. Growth of 3.2% Tops Forecasts on Trade, Inventory Boost
Friday, 26 April 2019 19:58 WIB | Ekonomi AS GDP AS

U.S. economic growth accelerated by more than expected in the first quarter on a big boost from inventories and trade that offset a slowdown in consumer spending, bolstering the expansion ahead of a major milestone. Gross domestic product expanded at a 3.2 percent annualized rate in the January-March period, according to Commerce Department data Friday that topped all forecasts in a Bloomberg survey calling for 2.3 percent growth. That followed a 2.2 percent advance in the prior three months.  But underlying demand was weaker than the headline number...

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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
U.S. Trade Deficit Narrows as Exports, Imports Both Plummet
Thursday, 6 June 2019 19:54 WIB

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...

EUROPE
German Services Hold Up Output as Manufacturers Struggle
Friday, 21 June 2019 14:53 WIB

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...

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...