China: Economy in Recovery Mode
After a lacklustre first half performance, which saw growth average 7.6%, the Chinese economy started Q3 on a firmer footing and this strength has continued in August. An uptick in […]
Tag Archives: Industrial Production
Canada: Investment, Profits, Production Forecasts Downgraded
Hopes of an export-driven recovery are fading following a poor showing from externally-oriented industry in June. According to the output-based GDP report, manufacturing fell by 1.3% (m-o-m) in June after […]
Canada: Consumption Trying to Offset Weak Export Demand
May saw positive output-based GDP growth of 0.3% (m-o-m) following flat growth in April, led principally by a 0.5% expansion in service industries. Wholesale and retail trade soared by 1.4% […]
Japan: National Debt Surpasses ¥1,000 Trillion
According to the finance ministry, Japan’s national debt topped the ¥1,000 trillion mark in Q2 for the first time ever. The government’s debt burden reached a record ¥1,008.6tn as of […]
Russia: Putin Unveils Investment Plans as Mood Darkens
The outlook for the Russian economy remains somewhat gloomy after the recently-released breakdown of the Q1 national accounts confirmed the broad-based slowdown. With the euro zone recession sapping export demand, […]
