Sentences with phrase «cent at annual rates»

We expect to see GDP fall by 1 per cent at annual rates in the second quarter, and then grow by 3.5 per cent in the third quarter as oil production resumes, rebuilding around Fort McMurray begins and the new Canada Child Benefit lifts consumption.

Not exact matches

The global market for voice AI speakers is expected to grow at a compound annual rate of 43 per cent to reach US$ 2.1 billion by 2020, according to analysis firm Gartner.
The economy grew at an annual rate of 0.4 per cent in the October - December quarter, the Commerce Department said Thursday.
Yet the Prime Minister's Office appears to think an economy that has been growing at an annual rate of around three per cent for nearly a year is too weak to absorb interest rates that still are near record lows.
The economy grew at a subpar 1.7 per cent annual rate in April - June quarter, the government said Wednesday.
However, fresh data released Friday showed the U.S. economy shrank in the first quarter, contracting at an annual rate of 0.7 per cent.
After accounting for the impacts of measures and adjustments, the Sales Tax revenue base is projected to grow at an average annual rate of 4.3 per cent over the forecast period, roughly consistent with the average annual growth in nominal consumption of 4.0 per cent over this period.
Revenues are projected to increase at an average annual rate of 3.8 per cent over the 2013 — 14 to 2016 — 17 period.
The U.S. Commerce Department this year revised its first - quarter GDP data from negative to positive growth, and its second - quarter data from 0.6 per cent growth, at annual rates, to 0.9 per cent — a rather different economic picture.
The good news culminated this summer with a StatsCan report that showed gross domestic product expanded at an annual rate of 4.5 per cent in the second quarter.
Business investment has been a major driver of growth in recent years, expanding by 18 per cent over the past year, and at an average annual rate of 14 per cent over the past three years.
As a result, underlying inflation is likely to trough at an annual rate of around 1 3/4 per cent at the end of 2004, rising to around 2 1/2 per cent by late 2005.
Housing credit grew at an annual rate of just under 19 per cent over the first half of 2000, compared with 16 1/4 per cent over the previous six months.
In real terms service exports have been growing at an average annual rate of close to 20 per cent over the past 10 years.
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.
The economy is now at an advanced stage of its current expansion and has continued to show greater strength than had been generally expected, with real GDP growing at an average annual rate of more than 4 1/2 per cent, and domestic final demand at over 5 per cent, for the past three years.
Business credit has accelerated in recent months, growing at an annual rate just under 13 per cent over the first half of 2000, compared with 4 3/4 per cent over the previous six months.
Housing construction grew at an annual rate of 12.9 per cent, the fourth consecutive quarter of double - digit growth.
Credit outstanding increased at an annual rate of more than 15 per cent over the first half of this year, and by just over 13 per cent over the year to June.
The Wage Cost Index continues to record wages growth at an annual rate of around 3 1/4 per cent, and there has been little change in the wage increases being negotiated under enterprise bargaining, which continue to yield average annualised increases in the 3 1/2 to 4 per cent range.
Broad money increased at an annual rate of 14 per cent over the six months to March, compared with 16 per cent growth in total credit (Graph 64).
Broad money and M3 grew at annual rates of 9.8 per cent and 11.2 per cent over the six months to September.
Nonetheless, India's trade has been increasing rapidly, growing at an average annual rate in real terms of around 13 per cent over the past 10 years — twice the rate of overall world trade.
Nevertheless, the growth of credit to both the household and business sectors remains high, with aggregate credit growth still running at an annual rate of 12 per cent over the six months to December 2004.
Spending by the federal government shrank at a 1.6 per cent annual rate.
At 1 cent per point, your rewards rate is a solid 2 % for as long as you stay below $ 50,000 in annual purchases.
Over the past decade, household debt in Australia has grown at an average annual rate of just under 15 per cent.
[6] But this has not stopped overall Australian export volumes growing strongly; they have risen at an average annual rate of 7 1/2 per cent in real terms over the past five years.
Currently, credit to the household sector is growing at an annual rate of about 20 per cent, well in excess of what could be considered sustainable in the medium to longer term (see the chapter on «Credit Growth» for a detailed discussion).
The main impetus to this increase has come from China's demand for resources, with resource exports having grown at an average annual rate of 15 per cent over the past decade (Graph B2).
Total credit increased at an annual rate of 13.9 per cent over the six months to June, slightly faster than growth over the previous six - month period (Graph 59).
Household credit has grown at an average annual rate of 14 per cent since the mid 1990s, and by almost 20 per cent over the past year.
Household credit increased at an annual rate of 23 per cent over the six months to December, and continues to be underpinned by strength in housing credit.
In the first half of 1998, AWOTE increased at an annual rate of 3.6 per cent, compared with annual increases of around 4 per cent prevailing over much of the preceding two - year period.
Consumer price inflation has been relatively steady over recent quarters at an annual rate of around 2 1/2 per cent.
Award wages, in contrast, have for a number of years been growing more slowly than wages in other bargaining streams, at annual rates of around 1 1/2 per cent.
Borrowing from financial intermediaries has also picked up strongly over recent months, growing at an annual rate of 13 per cent over the second half of 2003.
Real GDP rose at an annual rate of 4 per cent in the first half of the year, supported by robust growth in domestic demand.
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.
The level of consumer prices was almost unchanged over the six months to June, while wholesale prices over that period declined at an annual rate of around 2 per cent.
Total employment has been growing at an average annual rate of around 1 per cent for much of the past two years.
Broad money, which comprises currency and deposits, has been growing at annual rates around 10 per cent for the past year.
In recent months, total credit has been growing at annual rates around 10 per cent, with personal credit growth slightly stronger than the total.
Since April, the Bank of Canada had been talking about a potential rate increase in the context of an «economic expansion» that failed to achieve the velocity that policy makers expected, keeping a lid on inflation, which the central bank is mandated to contain at an annual rate of about 2 per cent.
Morningstar expects Challenger's earnings per share to increase at a compound annual rate of 10.4 per cent a year between 2018 and 2022.
By 2021, markets for naturally healthy (US $ 291 billion), food intolerance (US $ 42 billion) and organic products (US $ 45 billion) are expected to have grown at up to 4.5 per cent compound annual growth rate.
The scorecard was released at the start of World Breastfeeding Week alongside a new analysis demonstrating that an annual investment of only US$ 4.70 per newborn is required to increase the global rate of exclusive breastfeeding among children under six months to 50 per cent by 2025.
Zimbabwe was once one of the most prosperous countries in Africa, but today it is wracked by economic chaos with an annual inflation rate estimated at 231 million per cent in January 2009 and over 80 per cent unemployment.
Still, at 13.2 per cent, the annual pace of price growth remains above the BoG's eight per cent target rate.
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