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Inflation expectations among Australian households eased in August, the latest Survey of Consumer Inflationary and Wage Expectations from the Melbourne Institute showed Thursday. The expected inflation rate fell by 0.4 percentage points to 5.9 percent in August. Total pay is expected to grow by 0.8...

Singapore's gross domestic product was down a seasonally adjusted 0.2 percent on quarter in the second quarter of 2022, the Ministry of Trade and Industry said on Thursday. That missed estimated for a flat reading following the upwardly revised 0.8 percent increase in the previous three months (originally...

Singapore will on Friday release final Q2 numbers for gross domestic product, highlighting a light day for Asia-Pacific economic activity. GDP is called flat on quarter and up 4.8 percent on year after rising 0.7 percent on quarter and 3.7 percent on year in the previous three months. Singapore also...

thailandbank dec19 10aug22 The Bank of Thailand raised its key interest rate for the first time in over three-and-a-half years as inflation is expected to remain above the target throughout this year. The Monetary Policy Committee voted 6 to 1 to raise the policy rate by a quarter-point to 0.75 percent, the central bank said on its website.

The Bank of Thailand raised its key interest rate for the first time in over three-and-a-half years, on Wednesday, in line with economists' expectations. The Monetary Policy Committee voted 6 to 1 to raise the policy rate by a quarter basis point to 0.75 percent, the central bank said on its website....

South Korea's unemployment rate remained unchanged in July, data from Statistics Korea showed on Wednesday. The jobless rate was a seasonally adjusted 2.9 percent in July, same as seen in June. In July last year, the unemployment rate was 3.3 percent. On an unadjusted basis, the unemployment...

chinaconsumerprices1 may12 10aug22 China consumer price inflation accelerated to the highest in two years in July driven by pork prices, while factory gate inflation continued to ease, official data revealed Wednesday. Consumer price inflation rose to a two-year high of 2.7 percent in July from 2.5 percent in June, the National Bureau of Statistics reported. But the rate was below economists' forecast of 2.9 percent.

Consumer prices in China were up 2.7 percent on year in July, the National Bureau of Statistics said on Wednesday. That was shy of expectations for an increase of 2.9 percent but was up from 2.5 percent in June. On a monthly basis, inflation rose 0.5 percent - in line with expectations following...

Producer prices in Japan were up 0.4 percent on month in July, the Bank of Japan said on Wednesday. That was in line with expectations and down from the upwardly revised 0.9 percent increase in June (originally 0.7 percent). On a yearly basis, producer prices jumped 8.6 percent - exceeding expectations...

China will on Tuesday release July figures for consumer and producer prices, highlighting a light day for Asia-Pacific economic activity. Overall consumer prices are expected to rise 0.5 percent on month and 2.9 percent on year following the flat monthly reading and the 2.5 percent yearly gain in...

Australia's business confidence improved strongly in July despite inflation and rising interest rates clouding the outlook, survey results from NAB showed on Tuesday. The business confidence index rose to +7 in July from +2 in June. The rise in July was primarily due to an improvement in capacity...

Malaysia's industrial production increased at a faster pace underpinned by strong growth in manufacturing and electricity output, data from the Department of Statistics showed on Tuesday. The unemployment rate hit the lowest since the Covid-19 outbreak, another report from the statistical office showed....

Confidence among Australian consumers worsened further in August amid surging inflation and interest rate hikes, survey data from Westpac showed on Tuesday. The Westpac-Melbourne Institute Index of Consumer Sentiment fell 3.0 percent to 81.2 in August from 83.8 in July. There has been a cumulative...

philippneflag may08 09aug22 The Philippine economy grew well short of expectations in the second quarter as high inflation weighed on household spending and weak global demand and higher imports dampened net trade. Gross domestic product grew 7.4 percent on a yearly basis in the second quarter, the Philippine Statistics Authority said Tuesday. This was slower than the revised 8.2 percent increase in the first quarter.

The value of electronic card transactions in New Zealand was down a seasonally adjusted 0.2 percent on month in July, Statistics New Zealand said on Tuesday - following the downwardly revised flat reading in June (originally up 0.1 percent). Spending in the core retail industries rose 0.2 percent...

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