Sentences with phrase «cent average growth»

Between 2013 and 2014, there was just 4 per cent average growth in the global car market, yet demand for electric vehicles, which JATO defines as both pure electric and plug - in hybrids, jumped a huge 43 per cent.

Not exact matches

The government's proposal to raise the minimum wage to $ 15 an hour by January 2019 will bring it to roughly 55 per cent of the average wage, if wage growth keep pace with inflation in the intervening period.

Between 2000 and 2010, HELOC balances soared from $ 35 billion to $ 186 billion, according to the Financial Consumer Agency of Canada, an average annual growth rate of 20 per cent.

It's an important question, and one that could go some way toward explaining why GDP growth has averaged just 1.4 per cent in developed economies since 2010, compared to an average of 3.6 per cent between 1985 and 2007.

The company's latest House Price Survey, released Tuesday, found that most regions showed healthy year - over-year price growth, with the average price of a home in Canada rising between 2.5 per cent and 5.4 per cent

CIBC World Markets analyst Robert Sedran lifted the assumed average growth rate for the sector in fiscal 2018 from seven per cent to nine per cent, «turning what was already expected to be a good year into a better one.»

The bank still has faith the economy will return to strength, however, and believes the turnaround will begin this year and pick up speed in 2014, when growth will average 2.7 per cent.

The Australian Bureau of Statistics «experimental» annual estimates of States» real Gross State Product (GSP) show that WA's economic growth for the year was 4.6 per cent, a little above the national average (4.3 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.

This compares to average annual growth of 4.2 per cent in compensation of employees over this period.

This seems to be the growth track the U.S. economy is on, with forecast growth averaging around 2 per cent and the unemployment rate remaining stubbornly high, in the 9 to 10 per cent range.

These, and other recent data, are consistent with the Reserve Bank's central scenario for GDP growth averaging around the 3 per cent mark over the next couple of years.

This growing interest in India is not surprising; with average real annual growth of 8.75 per cent over the 2003 to 2007 period, India is emerging as an economic heavyweight in the region.

And over this period, GDP growth has averaged 2 3/4 per cent, higher than in most other advanced economies.

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.

Growth in household credit has remained relatively stable at around 5.5 per cent since the beginning of the year, a pace below the historical average (Chart 22), following an extended period of rapid growth that led to a substantial buildup in householdGrowth in household credit has remained relatively stable at around 5.5 per cent since the beginning of the year, a pace below the historical average (Chart 22), following an extended period of rapid growth that led to a substantial buildup in householdgrowth that led to a substantial buildup in household debt.

At a federal - provincial finance ministers» meeting in December 2012, the Finance Minister announced that, starting in 2017 - 18, the rate of growth in the Canada Health Transfer (CHT) would be reduced from 6 per cent per year to grow in line with a three - year moving average in nominal GDP, with a funding guarantee to grow by at least three per cent per year.

That framework's been in place since the early 1990s, we have hit the target over that 20 year period, the average inflation rate's pretty close to 2.5 per cent, so we regard that as successful by the terms of the definition that we set ourselves and I think that's made a big contribution to economic stability more generally and I don't think it's an accident that that period of fairly low predictable inflation has coincided with pretty good sustained growth in the economy.

The new government is targeting real growth of more than an average 2 per cent over the next decade.

Our best estimate is that potential output will rise by an average of 1 1/2 per cent per year over the next few years — that is not very impressive relative to history.2 We are counting on gains in productivity to deliver fully two - thirds of that growth.

Peru averaged annual economic growth of more than six per cent for the 12 years until 2014.

In China, the world's most populous country, economic growth averaged about 10 per cent annually between 2001 and 2011, a period that included the global financial crisis.

The average growth rate is 19.5 [1] per cent per annum, which seems quite high by any standard.

That is down from about 3 3/4 per cent in 2011, which was about the average rate of growth over the past 15 years.

The annual average growth in TD's forecast of program expenses is 1.1 per cent through 2015 - 16.

Global growth is expected to strengthen over the second half of 2015, averaging about 3 per cent for the year, and accelerate to around 3 1/2 per cent in 2016 and 2017.

The document projects the government to set the growth of program spending at two per cent per year, a target it says would be far below the 4.4 per cent annual average increases of previous Liberal governments.

-- The growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent

Economic growth in Canada is expected to average 2.1 per cent in 2015 and 2.4 per cent in 2016, with a return to full capacity around the end of 2016.

In fact, the growth in real average (after - tax, after - transfer) family income from 1976 to 2010 was the smallest in the middle - income group, at seven per cent, while the top quintile (top 20 per cent) saw their family income grow by 27 per cent during that time.

The Bank expects Canada's economy to gradually strengthen in the second half of this year, with real GDP growth averaging 2.1 per cent in 2015 and 2.4 per cent in 2016.

Looking forward, there appears to be little prospect of near - term growth in cereals exports, given the estimated 19 per cent fall in the 2004/05 winter crop to around average levels.

Darko Mihelic, at Royal Bank of Canada's capital markets unit slashed his projection for annual Canadian residential mortgage growth to 2.3 per cent, about half the previous average assumed for Canadian banks.

Data from the Department of Employment and Workplace Relations (DEWR) indicate an average annualised rate of wages growth of 4.0 per cent incorporated into new enterprise bargaining agreements (EBAs) certified in the December quarter.

India's economy has performed strongly in recent years, with GDP growth averaging an impressive 6.1 per cent annually over the past 10 years (Graph A1).

Rapid growth in global steel demand has also boosted contract prices for other bulk commodities; coking coal contract prices increased, on average, by 25 — 35 per cent in US dollar terms in recent negotiations, while iron ore contract prices have risen by close to 20 per cent.

In terms of output per hour worked, year - ended productivity growth has eased to about 1 3/4 per cent, down from the average of 3 1/4 per cent prevailing in the previous three years.

Enterprise bargaining outcomes in the early part of the year also suggested little change in the rate of wage growth; new federal enterprise agreements in the March quarter yielded an average annualised increase of 3.4 per cent, unchanged from the previous quarter.

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.

«The bottom line is that potential output growth in Canada and other industrialized economies will be lower than it was in the years leading up to the crisis»...» Our most recent estimate for Canada is that it will average just below 2 per cent over the next two years.

This is a percentage point lower than average potential growth in the decade prior to the crisis... We estimate that the real neutral policy rate is currently in the range of 1 to 2 per cent... This translates into a nominal neutral policy rate of 3 to 4 per cent, down from a range of 4 1/2 to 5 1/2 per cent in the period prior to the crisis.»

Sid Rajeev, Vice President, Head of Research at Fundamental Research Corp., notes, «The Commodities Research Unit («CRU») Group estimates electric car and plug - in hybrid vehicle sales could reach approximately 14.2 million by 2025, up from 0.77 million last year, reflecting a compound average growth rate of 38 per cent per year from 2016 to 2025.»

While a low unemployment rate can indicate tight labour - market conditions, the 2017 average hourly wage of full - time and part - time employees combined grew by only 1.7 per cent — the lowest year - over-year growth since 1998 and more or less at the same rate as consumer price inflation.

High yield bonds that are part of the Markit iBoxx USD Liquid High Yield Index provide an average yield north of five per cent at the moment, according to Bloomberg data, and may continue to perform well in a cycle of improved economic growth.

Notwithstanding this, and consistent with trend growth in employment, the unemployment rate has been largely unchanged over the past year, averaging 6.1 per cent in the three months to July.

The NAB survey reported that growth in average purchase costs slowed to 0.3 per cent in the June quarter, more than unwinding the pick - up reported in March.

The value of manufactured exports fell by 2 per cent over the year to the June quarter, compared with average annual growth of around 15 per cent for much of the 1990s.

In comparison, growth in nominal GDP has averaged 6 per cent since 1995.

The level of private building approvals in the March quarter was 12 per cent above the average level in 1995/96, with growth concentrated in building approvals for medium - density dwellings rather than houses.

In December 2011, Minister Flaherty unilaterally announced to the provinces that the annual Canada Health Transfer escalator would be cut from 6 per cent per year to a moving average of growth in nominal gross domestic product, or would grow by at least 3 per cent per year.