Seasonally adjusted Gross Domestic Product in Thailand rose 1.5% in the first quarter of 2003 from the fourth quarter of 2002, or slightly above consensus expectations of 1.3%. The outbreak of SARS (severe acute respiratory syndrome) [...]
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Louise Curley
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Global| Jun 17 2003Thailand’s First Quarter GDP Growth Above Consensus
- Global| Jun 03 2003
Continuing Weak Data from the Euro-zone Suggest a Reduction in the ECB's Benchmark Interest Rate
Indications are rising that the European Central Bank may reduce its benchmark interest rate at its next meeting on June 5th. The rate was last reduced in March to 2.5% from 2.75% and compares with the U.S. benchmark rate of 1.25% The [...]
- Global| May 27 2003
Confidence Weakens in Italy and West Germany
Consumer confidence in Italy, which had held up immediately after September 11, 2001, plummeted during 2002. By December 2002, the ISAE (Instituto di Studi e Analies Economica) measure of consumer confidence was down 14.2% from [...]
- Global| May 20 2003
French GDP Edges Up in the First Quarter of 2003
The French economy rose slightly in the first quarter of 2003 in contrast to the economies of Germany, Italy and the Netherlands where growth declined. In Germany and the Netherlands, the declines were the second in a row. The rise in [...]
- Global| May 19 2003
Deflation Intensifies in Japan
Data released last Friday show that GDP in Japan rose 0.01% in real terms in the first quarter of 2003 while in nominal terms it declined by 0.62%. The deflator, which has declined in every year since 1995 with the exception of 1997 [...]
- Global| May 13 2003
A Small Rise in German Business Confidence
The ZEW indicator of economic sentiment that often foreshadows movements in the broader and more closely watched IFO measures of German business confidence rose minimally in May but is still at low levels. The ZEW indicator of [...]
- Global| May 09 2003
The Economic News from Germany Continues to be Discouraging
Data on German industrial production and exports, released today, give little cause for cheer. Exports, which had been the one bright spot in the German economy during 2002, are now showing signs of weakening as the rise in the Euro [...]
- Global| Apr 29 2003
Continued Erosion of Business Confidence in France and Germany
Business confidence in France declined sharply in April. The composite business climate indicator, reported today, fell 3.16% from 95 in March to 92 in April. The decline was largely accounted for by depressed household spending and [...]
- Global| Apr 22 2003
Consumer Are Still Apprehensive in Europe
Consumer confidence in Italy increased in April for the third successive month. The increases, however, have made only a slight dent in the erosion of confidence that took place in 2002. On a seasonally adjusted basis the index was up [...]
- Global| Apr 15 2003
Declines and Deceleration in Industrial Production in Major Euro- Zone Countries Lead to Lower Growth Forecasts
Industrial production declined in February in Germany and Italy and decelerated in France. The slowdown in activity in three of the major Euro-zone countries even before the outbreak of war in Iraq, which began on March 20th, suggests [...]
- Global| Apr 01 2003
Tankan Results Add to Gloomy Economic Outlook for Japan
The Bank of Japans most recent quarterly survey of business conditions, the Tankan, is further evidence that the Japanese economy is losing momentum. A key statistic in the survey is the appraisal of actual business conditions [...]
- Global| Mar 31 2003
Japanese Industrial Production Stalls and Inventories Continue to Decline
The rise in industrial production in Japan which began in early 2002 appears to have stalled. Since last August, the index has ranged from 99.1 to 96.9 (1995=100) and in February was only 97.0. The decline from January to February for [...]
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