Sentences with phrase «ongoing excess capacity»

The Bank's three measures of core inflation remain below two per cent and wage growth is still subdued, consistent with ongoing excess capacity in the economy.

Not exact matches

While construction investment continues to be weighed down by the ongoing weakness in property markets throughout the region, the strength in the region's exports has led to the need for increased equipment investment in export - focused industries, despite the existence of excess capacity in other sectors.

«We believe that underlying inflationary pressures will gradually ease due to appreciable excess capacity, extended muted economic activity, and ongoing wage moderation amid substantial labour market slack,» he predicted.