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    by Published on September 2nd, 2014 07:42 PM

    Statement by Glenn Stevens, Governor: Monetary Policy Decision

    At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuing at a moderate pace. ...
    by Published on August 30th, 2014 01:30 PM
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    Canadian economic accounts, second quarter 2014 and June 2014

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    Real gross domestic product (GDP) rose 0.8% in the second quarter, following a 0.2% increase in the first quarter. This was the largest quarterly gain since the third quarter of 2011. On a monthly basis, real GDP by industry increased 0.3% in June.

    The quarterly growth was a result of increased economic activity in all sectors of the economy except non-profit institutions serving households. Final domestic demand was up 0.7% after a flat first quarter. The increase was mainly due to higher household final consumption expenditure.
    Household final consumption expenditure was up 0.9%, as a result of increased outlays on goods (+1.2%) and services (+0.7%).

    Business gross fixed capital formation increased 0.8% following two consecutive quarterly declines. Investment in residential structures (+2.9%) contributed the most to the overall gain. Ownership transfer costs were up 9.0% after declining in the previous two quarters.

    Businesses accumulated $7.0 billion in inventories, down from $14.5 billion in the first quarter. Retail trade reduced its inventories of non-durable goods by $2.8 billion.
    by Published on August 30th, 2014 12:49 PM


    Personal income increased $28.6 billion, or 0.2 percent, and disposable personal income (DPI) increased $17.7 billion, or 0.1 percent, in July, according to the Bureau of Economic Analysis. Personal consumption expenditures (PCE) decreased $13.6 billion, or 0.1 percent. In June, personal income increased $67.1 billion, ...
    by Published on August 29th, 2014 07:39 PM
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    (1) Employment

    The number of employed persons in July 2014 was 63.57 million, an increase of 460 thousand or 0.7% from the previous year.

    (2) Unemployment

    The number of unemployed persons in July 2014 was 2.48 million, a decrease of 70 thousand or 2.7% from ...
    by Published on August 29th, 2014 07:28 PM

    The consumer price index for Japan in July 2014 was 103.4 (2010=100), the same level as the previous month, and up 3.4% over the year.

    The consumer price index for Ku-area of Tokyo in August 2014 (preliminary) was 102.0 (2010=100), up 0.2% from the previous month, and up 2.8% over the ...
    by Published on August 29th, 2014 07:04 PM

    National Income and Product Accounts
    Gross Domestic Product, Second Quarter 2014 (Second Estimate); Corporate Profits, Second Quarter 2014 (Preliminary Estimate)

    Real gross domestic product -- the output of goods and services produced by labor and property located in the United States -- increased at an annual rate of 4.2 percent in the second quarter of 2014, according to the "second" estimate released by the Bureau of Economic Analysis. In the first quarter, real GDP decreased 2.1 percent.

    The GDP estimate released today is based on more complete source data than were available for the "advance" estimate issued last month. In the advance estimate, the increase in real GDP was 4.0 percent. With this second estimate for the second ...
    by Published on August 28th, 2014 09:33 PM
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    In July 2014, roughly 42.6 million persons resident in Germany were in employment according to provisional calculations of the Federal Statistical Office (Destatis). Compared with July 2013, this was an increase of 344,000 persons or 0.8%. Hence, the year-on-year rate of growth was as high as in the months from April to June. In July 2014, roughly 2.0 million people were unemployed, 215,000 ...
    by Published on August 28th, 2014 09:30 PM
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    Consumer prices in August 2014: expected rise of +0.8% on August 2013

    WIESBADEN – The inflation rate in Germany – measured by the change in the consumer price index on the same month a year earlier– is expected to stand at 0.8% in August 2014. Based on the results available so far, the Federal ...

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