Japan cuts growth forecast again for current fiscal year on weak exports
TOKYO : Japan's government on Friday lowered its GDP growth forecast for the current fiscal year as weaker exports drag on a fragile economic recovery.In its revised estimates, the Cabinet Office cut its inflation-adjusted gross domestic product growth forecast for the current fiscal year ending in March
CPI inflation clocks in at 7.2pc for October
CPI inflation up by 1.2pc on a month-on-month basis; average yearly inflation stands at 8.7pc below IMF's projected 9.5pc.
Indonesia's Oct inflation eases to 1.71%
JAKARTA: Indonesia's annual inflation rate was 1.71 per cent in October, official data showed on Friday, easing from 1.84 per cent in September and close to the median forecast of 1.68 per cent by analysts in a Reuters poll. The inflation reading was near the lower end of Bank Indonesia's target range of 1
Indonesia's inflation slightly above forecast, more rate cuts seen
JAKARTA :Indonesia's October headline and core inflation rates came in slightly above expectations, official data showed on Friday, but they remain relatively low and reinforce analysts' views that the central bank has room for further monetary easing.Bank Indonesia (BI) cut interest rates in September and it
Posthaste: Why the Bank of Canada keeps overshooting on GDP forecasts and what it means for interest rates
The third quarter has been a real thorn in the side of the Bank of Canada when it comes to trying to pin down gross domestic product, and the latest data is only causing policymakers more grief.
Inflation creeps up to 7.2% in Oct as SBP gets ready for policy rate decision
Pakistan's annual inflation edged up to 7.2% in October 2024, registering an increase from 6.9% in September but marking a significant decrease from 26.8% in October 2023, data from the Pakistan...
In the news today: StatCan to release estimate for Q3 economic growth
Here is a roundup of stories from The Canadian Press designed to bring you up to speed...
StatCan to release August GDP report, estimate for third quarter economic growth
OTTAWA — Statistics Canada is set to publish its August gross domestic product report, which will include an early estimate for economic growth in the third quarter. The agency’s preliminary estimate for August suggested the economy did not grow that month. RBC says it expects the economy remained weak in September as well, dampening growth […]
'Arguing for bigger rate cuts': What lagging GDP might mean to the Bank of Canada
Gross domestic product data released on Thursday suggests Canada’s economy is going to be worse than the Bank of Canada expects.
last updated on 1 Nov 17:32