U.K. Economy Grows 1.1% in Q2
Published: 7/23/2010 10:08:48 AM
By: TradingEconomics.com, AP
Britain's economy grew by 1.1 percent in the second quarter, the Office for National Statistics said, surprising markets that had expected more modest expansion.
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China Economy Cools in Second Quarter
Published: 7/15/2010 9:58:48 AM
By: TradingEconomics.com, Reuters
China's economy cooled in the second quarter, a slowdown that is likely to extend over the rest of the year as Beijing steers monetary and fiscal policy back to normal after a record credit surge to counter the global crisis.
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Canada's Economy Stalls in April
Published: 6/30/2010 9:37:53 AM
By: TradingEconomics.com, Bloomberg
Canada’s gross domestic product unexpectedly stalled in April after seven previous gains, as retailing and manufacturing declined while mining and wholesaling advanced.
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Australia's Growth May Gain Momentum by the End of This Year
Published: 6/24/2010 1:26:23 PM
By: Anna Fedec, contact@tradingeconomics.com
Australia has weathered the global downturn much better than other major economies. In fact, Australia’s managed to record year-over-year growth in 2009 due to a strong banking system and successful monetary and fiscal policy. In this article we argue that although the expansion recorded in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.
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New Zealand Economy Expands 0.6%
Published: 6/23/2010 7:22:52 PM
By: TradingEconomics.com, Statistics New Zealand
New Zealand economy grew 0.6 percent in the March 2010 quarter, Statistics New Zealand said today. This latest increase follows growth of 0.9 percent in the December 2009 quarter
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Japanese Economic Recovery May Be Sluggish
Published: 6/14/2010 5:55:27 PM
By: Anna Fedec, contact@tradingeconomics.com
In the first quarter of 2010, the Japanese economy expanded 5% annualized. Growth was mostly supported by strong exports and government stimulus. Yet, although the effects of higher overseas demand, especially from China, domestic subsides for cars and home appliances have been positively influencing the broader economy, a sustainable recovery is probably beyond reach.
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Brazil's Long Term Growth Prospects Are Shaky
Published: 6/10/2010 5:39:38 PM
By: Anna Fedec, contact@tradingeconomics.com
After last year's 0.2% contraction, in the first quarter of 2010 Brazil's economy expanded 9% stimulated by renewed global demand for exports, expansion of credit and government incentives. Yet, the rapid pace of expansion may also lead to overheating of the economy, which can result in significant rise in consumer prices and endanger the long term development prospect
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Recovery in Euro Area Seen Falling Behind Schedule
Published: 6/9/2010 10:36:47 AM
By: TradingEconomics.com, Bloomberg
In the first quarter of 2010, the Euro Area economy expanded 0.2%, supported mainly by exports and government spending. Yet, new austerity measures put on place by many member countries in order to fight fiscal deficit may push the recovery even more behind schedule.
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Brazil's Economy Expanded 9.0% in First Quarter
Published: 6/8/2010 11:56:28 AM
By: TradingEconomics.com, WSJ
Brazil posted record economic growth in the first quarter, but surging domestic demand will likely force central bankers to ramp up interest rates to cool Latin America's largest economy.
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Is India's High Growth Sustainable?
Published: 6/2/2010 2:57:38 PM
By: Anna Fedec, contact@tradingeconomics.com
After almost 7% growth in 2008/09 fiscal year, in the first three months of 2010 India's economy expanded 8.6% boosted by industrial production and services. But, is the third largest economy in Asia able to keep its high rate of growth?
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