Weak economic conditions in the past couple of years have seen growth in labour costs slow to 2 1/2 per cent over the year to the December quarter, from 3 1/2 per cent a year earlier.
Not exact matches
Interest rates are low throughout the developed world, except
in countries experiencing fiscal crises, as central banks and other policymakers try to cope with continuing financial strains and
weak economic conditions.
Goldman Sachs said
in a note last week that factors including
weaker economic activity, lower - than - expected headline inflation, continued tightness
in liquidity
conditions and subdued global activity and dovish central banks around the world could push the RBI to ease its policy.
His comments come after the IMF
in October said that Canada's high debt levels, and higher - than - average pressure on Canadian households» ability to pay down that debt
in the private non-financial sector, leaves its economy more sensitive to tighter financial
conditions and
weaker economic activity.
Economic growth in the UK was broadly supported by consumer confidence and exports reinforced by a weaker pound sterling, with the easing of credit conditions leading to credit growth, loose fiscal policy and global economic
Economic growth
in the UK was broadly supported by consumer confidence and exports reinforced by a
weaker pound sterling, with the easing of credit
conditions leading to credit growth, loose fiscal policy and global
economiceconomic growth.
In contrast, Germany has been one of the weakest economies in the region, recording no growth in the June quarter, although there are a number of indications that economic conditions are now improvin
In contrast, Germany has been one of the
weakest economies
in the region, recording no growth in the June quarter, although there are a number of indications that economic conditions are now improvin
in the region, recording no growth
in the June quarter, although there are a number of indications that economic conditions are now improvin
in the June quarter, although there are a number of indications that
economic conditions are now improving.
[13] Arrears have risen more
in regions experiencing
weak economic conditions over recent years.
Given an absence of inflationary pressures and
weak economic conditions, the ECB cut its key policy rate by 50 basis points to 2 per cent
in June.
Global
economic conditions have improved over recent months, with stronger
economic data emerging
in the US, Japan and most other countries
in east Asia, though the euro area remains
weak.
Mohamed Ali Beyhum, executive general manager of BankMed, a leading bank
in Lebanon, says: «Despite a relatively
weak year for global
economic conditions and another discouraging performance for the global investment banking industry, which saw revenues fall to a three - year low, 2012 proved to be a relatively healthy year for the Middle East investment banking industry.»
«Due to the dire
economic and financial
conditions of New York State and the very
weak ratings of incumbent State Comptroller Tom DiNapoli, as long as he has sufficient resources to get his message out, Harry Wilson is very likely to win this election,» pollster John McLaughlin wrote
in the memo, which was forwarded by Wilson's campaign manager Chapin Fay.
Other risks include
weaker economic conditions (a risk for most businesses) and additional increases
in industry refining capacity.
In particular, the Committee anticipates that
weak economic conditions are likely to warrant exceptionally low levels of the federal funds rate for some time.
The report makes the most of countries» commitments and a possible global agreement, while ignoring the soaring emissions from China and failing to recognise that the lower emissions growth
in a number of countries is primarily due to
weak economic conditions.
Here's one more reason why the final US climate bill really ought to be significantly strengthened: Climate Progress has done a bit of number - crunching of the EIA's Short Term Energy Outlook and finds that as it stands now, by the end of 2009 the US will already be halfway towards the emission reductions stipulated
in ACES: The EIA projections say that by the end of 2009, United States» emissions will fall 6 %, due to «
weak economic conditions and declines
in the consumption of most fossil fuels.»
However,
conditions remain uneven, with strengthening labor markets supporting solid price gains
in some member countries, notably Ireland, Spain and Germany, while other markets, including France and Italy, continue to languish alongside a
weaker economic recovery.
While vacancy rates were on the decline over the past year (from 5.60 per cent
in the fourth quarter of 2007 to 4.50 per cent
in 2008) and rents continued to escalate ($ 21.36 to $ 22.90 per sq. ft. for the same period), softening demand due to
weak economic conditions and the expected supply of several million square feet of new office space will pose challenges for some of the prestigious towers
in Toronto's financial district during 2009 and 2010.