Sentences with phrase «cent annual pace»

The showing, while strong, was less than the 3.9 per cent annual pace of growth that economists had been expecting.

Canada's economy expanded at a 1.8 per cent annual pace during the last quarter, the same growth seen at the start of the year and slightly better than what economists were expecting.

Inflation data published last week showed the headline personal consumption expenditure (PCE) inflation index hit a 2 per cent annual pace in the year to March and the Fed's preferred underlying measure, the core PCE which excludes volatile energy and food items, rose to 1.9 per cent.

Not exact matches

Canada's annual pace of inflation in February sped up to 2.2 per cent — its fastest pace in more than three years — to creep above the central bank's ideal target of two per cent.

Over the first half of 1999, consumer spending grew at an annual rate of 4.8 per cent, around the same pace as was recorded in the second half of 1998.

The pace of growth in housing credit nonetheless remains brisk, and now appears to have stabilised, at an annual rate of around 12 1/2 per cent over the six months to December.

Over the second half of last year, personal credit recorded a solid pace of growth, and revolving credit secured against residential mortgages increased at an annual rate of around 27 per cent.

They are showing annual sales growth of about 25 per cent, while online sales are growing at double this pace.

Still, at 13.2 per cent, the annual pace of price growth remains above the BoG's eight per cent target rate.

It decreased by a revised annual pace of 0.7 per cent over the first three months of 2015 and again by 0.3 per cent in the second quarter.

According to Statistics Canada, the consumer price index rose at an annual pace of 2.7 per cent in July, down from a 3.1 - per cent increase for June.

But the Bank of Canada has also predicted that growth will pick up in the third quarter to an annual pace of 3.5 per cent as oil production ramps up and rebuilding efforts begin in Fort McMurray.

In its monetary policy report, the Bank of Canada forecast the economy contracted at an annual pace of 0.5 per cent in the second quarter compared with its April forecast for growth at a pace of 1.8 per cent.

That compared with earlier figures that showed contraction at an annual pace of 0.4 per cent in the second quarter of 2015 and growth of 2.4 per cent and 0.8 per cent in the third and fourth quarters of 2015.

Statistics Canada said Tuesday that real GDP grew at an annual pace of 2.4 per cent in the first quarter.

The contraction reported Wednesday compared with growth at an annual pace of 2.5 per cent in the first quarter, which was revised from an initial reading of 2.4 per cent.

Assuming that the market remains fairly balanced and the economy grows moderately, TD expects home prices to grow at an average annual pace of about three per cent over the next decade.