After a slowdown that began in the second half of last year, most economists are anticipating growth will return to an above 2 - per
cent pace in coming months and continue to put pressure on Bank of Canada Governor Stephen Poloz to raise interest rates.
A report from the Labor Department showed hourly worker compensation accelerated at a 3.4 per cent rate in the first quarter after rising at a 2.4 per
cent pace in the October - December period.
Not exact matches
The CAD is currently sitting at 95
cents, a change
in pace from the historic heights and close parity with the American dollar the loonie has experienced
in recent times.
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.
Failure of prices to recover raises the prospect of even deeper cuts to investment by oil and gas companies next year and would likely result
in Canada's economy remaining on a slower growth path than the 2.2 per
cent pace we are expecting.»
Tang said the wealth gap was actually widening at a slower
pace compared with a rise of 0.004 between 2006 and 2011, thanks to the government's increased efforts to help the impoverished, including an increase of over 40 per
cent in welfare spending on public housing and medical benefits for the poor.
Economists predict inflation will move well above the Bank of Canada's 2 - per -
cent target
in the coming months, while growth should also return to an above 2 - per -
cent pace after a recent slump.
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.
Given its volatility, we have to be careful
in giving this too much weight, but the trend
in this measure has picked up recently from a 4 1/2 per
cent pace to more than 5 per
cent.
In a follow - up survey, 74 per cent agreed that the pace of innovation in new forms of energy is quick, and Canada must be part of this new energy revolution — and not fall behind because of a reliance on oi
In a follow - up survey, 74 per
cent agreed that the
pace of innovation
in new forms of energy is quick, and Canada must be part of this new energy revolution — and not fall behind because of a reliance on oi
in new forms of energy is quick, and Canada must be part of this new energy revolution — and not fall behind because of a reliance on oil.
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 household debt.
A recent report by the Conference Board of Canada estimates that, based on the
pace of the Canadian economy (and ignoring factors that are constraining our maneuvering space on monetary policy, such as the situation
in Europe and the Fed's interest rate target), our key interest rate right now should be 2.5 per
cent.
Quebec's economy grew 3.1 per
cent in 2017, the strongest
pace for that province since 2000 and twice its rate of growth
in 2016.
If productivity had continued to grow at the
pace it did
in the late 1990s, our gross domestic product (GDP) would have been 23 per
cent higher
in 2016, meaning an extra $ 13,000 for every Canadian.
The Australian Bureau of Statistics said last week that gross domestic product expanded 1.1 per
cent in the first three months of the year, while year - on - year headline growth accelerated to 3.1 per
cent, its fastest
pace in almost four years.
Growth
in Australia's export income over the past year was nearly 30 per
cent, a
pace which has rarely been exceeded
in the past four decades.
In the September quarter, household consumption rose by 1.1 per cent, a slight increase from the pace in the June quarter, but less than might have been expected given the boost to incomes from the budget measure
In the September quarter, household consumption rose by 1.1 per
cent, a slight increase from the
pace in the June quarter, but less than might have been expected given the boost to incomes from the budget measure
in the June quarter, but less than might have been expected given the boost to incomes from the budget measures.
Underlying inflation ran at around 3 1/4 per
cent for the year, and at an annualised
pace of about 2 3/4 per
cent in the second half of the year.
Domestic corporate goods prices rose by 1.9 per
cent over the year to December — the fastest
pace of growth since the early 1990s — largely reflecting the run - up
in global commodity prices.
The price of construction output continued to increase at a rapid
pace in the December quarter, to be more than 8 per
cent higher
in year - ended terms.
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.
While this indicates a slowing
in the
pace of growth during 2004, as a share of GDP investment is estimated to have risen to around 45 per
cent in 2004, which is the highest level on record and about as high an investment share as has been seen anywhere
in the world.
Markets
in Asia have been fairly stable, although concerns that the
pace of banking reform may not be sufficient led to a 6 per
cent fall
in the Thai baht
in September.
Imports of goods also expanded at a firm
pace in the second half of 2003, particularly consumption imports, which rose
in line with robust consumer spending to be around 12 per
cent higher over the year; imports of capital and intermediate goods were also sharply higher over the year.
National accounts data show that growth
in real household consumption
in the second half of 2003 was 7 per
cent on an annualised basis, the strongest
pace in over 20 years.
In China, growth in activity appears to have maintained the extremely rapid pace seen last year, with GDP expanding by 9.7 per cent over the year to the March quarte
In China, growth
in activity appears to have maintained the extremely rapid pace seen last year, with GDP expanding by 9.7 per cent over the year to the March quarte
in activity appears to have maintained the extremely rapid
pace seen last year, with GDP expanding by 9.7 per
cent over the year to the March quarter.
Over the past year, household credit has increased by around 20 per
cent, and with the value of housing loan approvals continuing to rise over recent months, there seems little prospect for a near - term slowing
in the
pace of growth.
Consumption has also continued to grow at a reasonable
pace, to be up by 0.8 per
cent in the June quarter (Graph 3).
The US economy has continued to recover from the recession
in 2001, though the
pace of growth slowed a little
in the first half of the year, with GDP increasing by 2.3 per
cent over the year to the June quarter (Graph 2, Table 1).
While still a robust rate of increase
in an economy
in which nominal incomes are growing at around 6 per
cent, this represents a moderate slowdown
in the
pace of financial intermediation from rates recorded
in the second half of last year.
The robust
pace of spending by US households and businesses saw the current account deficit widen further
in the December quarter, reaching 6.3 per
cent of GDP.
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.
Business investment grew by 2 per
cent in the September quarter and by 11 per
cent over the year, though the
pace of growth eased back from its late 2002 peak of just over 20 per
cent (Graph 39).
Consumer price inflation has eased
in recent months, to 1.9 per
cent over the year to December (Graph 5), and core consumer prices rose by just 1.1 per
cent — the slowest
pace in nearly 40 years.
The impact of the ITC downturn is even more evident
in the production data, where growth has slowed to a year - ended
pace of around 3 1/2 per
cent, as firms cut back ITC production
in order to rein
in inventories.
With imports increasing by 40 per
cent over the past year, and exports expanding only slightly less rapidly, the current
pace of growth
in China is providing impetus to activity
in the region.
Cost pressures are also evident
in a number of service industries, with the price of education, and some recreational and personal services having risen by around 4 per
cent over the year, while the price of health services has increased at more than double this
pace.
U.S. economic growth cooled
in the first quarter to an annualized
pace of 2.3 per
cent after averaging higher than 3 per
cent in the previous three quarters.
Inflation quickened to 4.1 per
cent in December, the fastest
pace in two years, after Haiyan struck
in November 2013.
xhaka can't match kante and bellerin will struggle with their
pace men... I just hope they put
in 80 per
cent of effort that man city players seem willing to do... if we can contain hazard and morata we have a chance but it's going to be though!
Rashford didn't get too many opportunities to attack Southampton, who enjoyed over 60 per
cent of the possession, but his
pace caused them problems on the counter-attack and he was inches away from scoring with a well - struck free kick
in the first half.
The only team
in the country to have a 100 per
cent record on their own patch this term, Hertha never have enjoyed a better start to a top - flight campaign and have more than enough tactical flexibility, resist - or - die spirit and
pace out wide to remain
in the European qualifying shake - up.
The
pace of expanding scientific knowledge is already producing a public demand for reviewing policy more frequently: 95 per
cent in the 2005 study felt abortion law should be kept under regular review, and 61 per
cent agreed that abortion law has not kept up with our knowledge of early development
in the womb.
«All the political parties have said we will have 100 per
cent renewable energy
in the long term — it's just a question of the
pace of change,» says Volker Quaschning, a renewable energy systems researcher at the University of Applied Sciences
in Berlin.
Tablets were also found to greatly improve independent learning, with 100 per
cent of pupils reporting that their tablets helped them to do research for school work, and 88 per
cent reporting that tablets enabled them to work at their own
pace and not worry if others are working faster or slower than them
in lessons.
While the overall number of teachers has kept
pace with changing pupil numbers, the NAO reported that 54 per
cent of school leaders
in areas with large proportions of disadvantaged pupils find attracting and keeping good teachers is «a major problem».
To repair aging classrooms, ensure student health, safety and achievement and keep
pace with technology, upgrade aging plumbing, electrical, lighting, heating / ventilation, safety / security systems, shall this Hawthorne School District measure be adopted to repair, construct, acquire classrooms, sites / equipment, and issue $ 59,000,000
in bonds, at legal rates, levy on average 3
cents / $ 100 assessed value ($ 3,000,000 annually) while bonds are outstanding, require independent audits / oversight, and all money for local schools?»
Of course, the previous - generation S6 used the 5.2 - litre V10 engine found,
in modified form,
in the Audi R8 and Lamborghini Gallardo, but the new V8 promises stronger
pace with a claimed 25 per
cent reduction
in fuel consumption.
It even managed 81 per
cent for pedestrian protection — and as the F -
Pace employs much of the same technology and production techniques, we expect the SUV to be among the safest cars
in its class.