Global economic releases showcase uncertainty moving ahead Day in Review South Korea South Korea’s GDP was up 0.4% quarter over quarter and 2% year over year for the 3rd quarter of 2019. Overall consumption was up 0.5%, with private consumption up 0.2% while government consumption was up1.4%. Investment and gross
Commodity producers in Japan experience sharp decline in revenues and profits for 3Q Day in Review South Korea Inflation in South Korea was down -0.6% for the month of November on a monthly basis but up 0.2% on a yearly basis. Estimates for the month of November set the inflation
Chinese manufacturing activity shows signs of recovery heading to the end of the year Day in Review South Korea South Korea’s trade balance was down for the month of November to $3.3billions a decrease from last month’s figure of $5.3billions. Year to date average balance of trade hovers around $3.4billions
Eurozone car registrations pick up, with Romania recording a 58.1% for October Day in Review Eurozone New car registrations were up 8.7% for the month of October across the 27 members of the eurozone. The figure is lower than last month’s 14.5% increase but remains positive considering the year to
Tokyo’s real estate market continues to tighten amid decrease in supply Day in Review Japan Housing loads increased 2.9% year over year in Japan for the 3rd quarter of 2019. Year to date average hovers around 2.58% with the 10-year long term average around 2.66%. Inventory of condos for sale
South Korean semiconductor exports decline by -32% for October Day in Review South Korea Export prices in South Korea were down-1.9% month over month and -7.3% year over year in October. This comes following a drop in South Korean exports of around -14% year over year driven by sharp decline
Japan producer price index hits highest level in 5 years Day in Review South Korea The unemployment rate in South Korea stood around 3.5% for the month of October up one basis point from last month’s figure of 3.4%. The average unemployment rate for the year stood at around 3.8%.
U.K economy recovers in Q3 with GDP modest expansion Day in Review Italy Industrial production in Italy was down 0.4% month over month coming in line with survey expectations. The decrease in industrial production was due to a decrease of -2% in production of durable consumer goods, -1% decrease in
German wholesale prices continue to drop amid weakening demand Day in Review Japan Machine orders for the month of September were down -2.9% month over month coming much lower than the survey estimate of 0.9%. The figure also comes lower than the year to date average of -0.1%. September figures
Japan’s household spending picks up, China’s economic ties with U.S shaky Day in Review Japan Household spending in Japan increased 9.5% year over year for the month of September coming higher than survey expectations figures of 7%. The increase is the highest year to date and in the past 5
