Inflation in Germany has largely been the result of rising energy costs as can be seen in the first chart which shows the total index of inflation and the core index excluding energy. The widening difference between the two series is [...]
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Louise Curley
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Global| Aug 21 2006Are German Wage Increases Beginning to Have an Effect on Inflation?
- Global| Aug 15 2006
Turkey's Leading Composite Indicators and Business Confidence: Harbingers of Lower Growth?
The Composite Leading Indicator (MBONCUE-SUE) in Turkey is casting some doubt on the continuance of the period of good economic growth and relatively low inflation that the country has experience over the past few years. As can be [...]
- Global| Aug 15 2006
Turkey's Leading Composite Indicators and Business Confidence: Harbingers of Lower Growth?
The National Association of Home Builders (NAHB) reported that the August Composite Housing Market Index at 32 fell another 18% from 39 in July to the lowest level since February, 1991. Consensus expectations were for only a small [...]
- Global| Aug 14 2006
European Commission Predicts Strong GDP Growth in the Euro Zone to Continue
As noted by Randy Gernaat last Friday, reports of growth in several European nations confirm analyst's expectations of good growth in Europe in the second quarter. Today's reports for Spain and Germany reinforced this view. Both Spain [...]
- Global| Aug 14 2006
European Commission Predicts Strong GDP Growth in the Euro Zone to Continue
As noted by Randy Gernaat last Friday, reports of growth in several European nations confirm analyst's expectations of good growth in Europe in the second quarter. Today's reports for Spain and Germany reinforced this view. Both Spain [...]
- Global| Aug 08 2006
Industrial Production Falters in Germany: Forges Ahead in Turkey, Hungary and Slovakia
Contrary to expectations, industrial production in Germany fell 0.4% to 108.2 (2000=100) in June from 108.6 in May. While there is reason to believe that high oil prices and the strength of the euro will eventually, slow world demand [...]
- Global| Aug 07 2006
Japan's Business Cycle Indicators
The Japanese indexes of business conditions--the Diffusion Indexes and the Composite Indexes--are designed to facilitate the analysis of business cycles. The diffusion indexes aggregate the direction of changes of selected series to [...]
- Global| Aug 01 2006
Euro Zone 2nd Quarter GDP Annual Rate of Growth May Exceed the 2.46% of the U. S.
Incoming data on economic conditions in the Euro Zone suggests that the second quarter growth is likely to exceed the 2.53% annual rate of GDP growth in the first quarter. If so, it will be the first time since 2001 when the annual [...]
- Global| Jul 31 2006
More Positive Indicators for Japan: Production, Shipments and Inventories
As Carol Stone noted last Friday, economic conditions remain positive in Japan in spite of some easing in the labor market in June. METI (The Ministry of Economics, Trade and Industry) released preliminary data today on industrial [...]
Italy and the Netherlands reported today on surveys of business and consumer confidence and France reported on business confidence. Despite slight dips in consumer confidence in the Netherlands and in business confidence in Italy, [...]
- Global| Jul 24 2006
South Korea Trade in Goods: Small Deficit in Won Terms in June, Terms of Trade Continue Unfavorable
Earlier this month South Korea reported a seasonally adjusted deficit on foreign trade of 1.94 billion won in June compared with a surplus of 1,505 billion won in May. This was the first deficit since March, 2003 and was the result of [...]
- Global| Jul 18 2006
More German Investors Confident about Current Conditions but Many More Wary of the Future
The ZEW institute of economic research polls some 300 institutional investors and analysts regarding their views of the current situation and their expectations of activity six months in the future. The excess of optimists over [...]
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