#India’s #GDP #GrossDomesticProduct for last 8 quarters with 2nd Quarter ( July to September ) of 2014..
Data released on 28th Nov 2014 and next release date is on 9th Feb 2015. . .
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Gross Domestic Product update for 3rd Quarter of 2014 for United States Of America , Germany and Spain
#GDP #GrossDomesticProduct update for 3rd Quarter of 2014 for #UnitedStatesOfAmerica #Germany and #Spain .
#USDepartmentofCommerce #BureauofEconomicAnalysis #USEconomy #EconomicNews #USEconomicData #GermanyEconomy #GermanyEconomicData #America #AmericaGDP #SpainEconomy #EconomicNews #SpainEconomicData #Europe #EconomicGrowth #GDPEstimate #InstitutoNacionaldeEstadistica #BolsadeMadrid
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GDP of Germany for 3rd Quarter of 2014 grew by +0.10% compared to 2nd Quarter of 2014 and fell from 1.40% to1.20% YoY.
GDP of France for 3rd Quarter of 2014 grew by +0.30% compared to 2nd Quarter of 2014 and fell from 0.80% to 0.40% YoY.
#DAX30 = Benchmark Index of #GermanyStockExchange Performance as on 14th November 2014
#CAC40 Benchmark Index of #FranceStockExchange Performance as on 14th November 2014
YoY – Year on Year.
#FrenchEconomy #Eurozone #EconomyGrowth #GermanEconomy #EconomicNews #GermanyEconomicData #Europe #EconomicGrowth #FrankfurtStockExchange #Euronext #GermanEconomicIndicators #FranceEconomicIndicators #Europe #EuropeEconomicIndicators
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21st March 2014
Colombia’s central bank maintained its benchmark intervention rate at 3.25 percent, as expected, and said it would continue with its dollar-buying program for the three months of April through June, purchasing up to US$ 1 billion.
The Central Bank of Colombia, which has held rates steady since April 2013 after cutting them by 100 basis points in the first three months of last year, said rates remain at a level that stimulates aggregate spending as inflation converges towards the 3 percent target.
“In short, economic growth accelerated in the second half of 2013 and inflation continued to rise in February,” the bank said.
Colombia’s inflation rate rose for the third consecutive month in February to 2.32 percent, within the bank’s 2.0 to 4.0 percent tolerance range after it was below 2.0 percent in October through December.
Inflation expectations one-year ahead and those based on short-term public debt remain around 3.0 percent, the bank added.
In February the central bank’s governor said inflation was likely to rise to between 2.5 and 3.0 percent this year after falling to 1.94 percent in 2013, helped by a depreciation of the peso.
Colombia’s Gross Domestic Product expanded by 0.8 percent in the fourth quarter of 2013 was the third quarter for annual growth of 4.9 percent. For the full year, growth was 4.3 percent, up from 4.0 percent for 2012.
“The recent growth of retail sales, coffee production, energy consumption and further falls in unemployment suggest a strong dynamic of the economy so far this year,” the bank said.
However, the decline in consumer confidence in February, weak exports and manufacturing point in the opposite direction, the bank said, adding that the bank forecast growth this year between 3.3 percent and 5.3 percent, with 4.3 percent the more likely outcome.
The central bank has been intervening in foreign exchange markets for more than two years to counter an appreciation of the peso to help its export industry. Its intervention program for January through March was also budgeted at $1 trillion.
Colombia’s peso has depreciated gradually through 2013 and in the first few months of 2014, but on March 17 the peso reversed course and started rising. Today it was quoted at 1,993 to the U.S. dollar, down 3.1 percent since the beginning of the year.
6th March 2014
Malaysia’s central bank maintained its Overnight Policy Rate (OPR) at 3.0 percent, as expected, and said inflation is expected to be affected by higher domestic costs and it would “continue to monitor for signs of destabilizing risk of financial imbalances.”
Bank Negara Malaysia’s (BNM) mention of the risk of financial imbalances signals its concern over inflation from an expanding economy and the impact of disruptions in supply from adverse weather and higher domestic costs from the government’s cut in fuel subsidies in September, higher utility tariffs in January and coming changes in taxes in April.
BNM has held its benchmark OPR rate steady since May 2011 but economists are expecting the central bank to start tightening later this year to stem inflation which rose to a higher-than-expectd 3.4 percent in January, continuing the acceleration seen since December 2012 when it was 1.2 percent.
The central bank has acknowledged the rise in inflation and expects it this year to top 2013’s average rate of 2.1 percent and has said it may exceed the long-term inflation average of 3.2 percent. However, subdued external price pressures and moderate domestic demand will also contain the impact of some of these cost pressures on inflation.
“For the Malaysian economy, latest indicators point to further improvement in exports and continued expansion in private sector investment spending. Going forward, this trend is expected to continue,” the central bank said.
Malaysia’s Gross Domestic Product rose by 2.1 percent in the fourth quarter from the third quarter for annual growth of 5.1 percent, up from 5.0 percent. Average growth in 2013 was 4.7 percent, down from 2012’s 5.6 percent, but the government expects growth this year of 5.0 percent to 5.5 percent.
Exports are expected to continue to benefit from the recovery in advanced economies and from regional demand while investment activity should remain robust on the back of private sector investment in manufacturing and services.
Domestic demand, however, is expected to moderate due to the consolidation of the public sector and the return of private consumption to its long-term average, the central bank said.
The central bank described the global economic expansion as “moderate” and while advanced economies are improving, it was still modest and uneven. Growth in Asia is also supported by a better external sector while domestic demand is moderating in some economies.
“Conditions in the international financial markets continue to be volatile as markets adjust to policy shifts in a number of major economies and to geopolitical developments,” BNM said.