Friday, 18 October 2019
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Friday, 18 October 2019 09:26 WIB

China's economy slowed sharply in the third quarter, courtesy of the trade tensions with the US, the official data released at 02:00 GMT showed. The annualised third quarter gross domestic product (GDP) came in at 6%, missing the forecasted print of 6.1% and down from the preceding quarter's GDP of 6.2%. However, the Industrial Production rose 5.8% year-on-year in September, beating the forecasted figure of 5% by a big margin. The preceding month's figure has been left unrevised at 4.4%. Meanwhile, consumer spending, as represented by Retail Sales, rose 7.8% year-on-year in September, as...

RECENT NEWS
China Economy Slows Further in 2nd Quarter Amid Trade Standoff
Monday, 15 July 2019 09:14 WIB | ekonomi China

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...

U.S. wholesale prices increased 0.1% in June, PPI shows
Friday, 12 July 2019 19:46 WIB | Ekonomi AS PPI

The producer price index rose a modest 0.1% in June, indicating that inflation remains muted. Economists polled by MarketWatch had predicted a 0.1% fall. The increase in wholesale inflation over the past year fell to 1.7%, the lowest level since January 2017, the government said Friday. Wholesale energy prices dropped 3.1% in June. Wholesale food costs rose 0.6%. Excluding food, energy and trade margins, core PPI rate was flat last month after two straight months of 0.4% gains. The yearly rate of increase in core prices decreased to 2.1% from 2.3%. Source: marketwatch

Consumer inflation edges up 0.1% in June, CPI shows, but price pressures still muted
Thursday, 11 July 2019 19:54 WIB | Ekonomi AS CPI Amerika

Americans paid more for rent, clothes and autos in June, but consumer inflation was largely held in check by falling energy prices. Waning inflation is one of the chief reasons the Federal Reserve is likely to cut interest rates by the end of the month. The consumer price index rose 0.1% in June, the government said Thursday. Economists polled by MarketWatch had forecast no change. The increase in the cost of living over the past 12 months slipped to four-month low 1.6% from 1.8%. Another closely watched measure of inflation, however, was not as tame. The so-called core rate that strips...

UK Economy Returns to Growth in May as Car Production Gains
Wednesday, 10 July 2019 15:52 WIB | GDP Inggris

The UK economy rebounded in May as car factories resumed work following Brexit-related shutdowns. GDP rose 0.3% after a decline in the previous month, the Office for National Statistics said Wednesday. The increase was in line the forecast in a Bloomberg survey. In the three months through May, GDP rose 0.3%, more than expected, after past figures were revised up. Manufacturing, which slumped 4.2% in April, rose 1.4% in May; vehicle production jumped but remains lower than levels seen at the start of the year. Total industrial production also increased 1.4%. Construction gained...

U.S. creates 224,000 jobs in June, unemployment rises to 3.7%
Friday, 5 July 2019 19:44 WIB | Ekonomi AS

The U.S. created 224,000 new jobs in June, bouncing back from a small increase in May and suggesting U.S. economy is still doing OK. The unemployment rate rose a tick to 3.7% as more people entered the labor force in search of work. The increase in new jobs easily exceeded the 170,000 MarketWatch forecast, helped by a large 33,000 increase in government employment. The average wage paid to American workers rose 6 cents, or 0.2%, to $27.90 an hour. The 12-month rate of hourly wage gains was unchanged at 3.1%. Hours worked each week was flat at 34.4 hours. The government revised the increase...

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ASIA
China's Factory Outlook Improves More than Expected in September
Monday, 30 September 2019 09:02 WIB

A report on the health of China™s manufacturing sector improved in September, although it was still below the line indicating contraction. The manufacturing purchasing...

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...