Sentences with phrase «per cent pace»

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.

That's down from 0.47 per cent at the end of 2017, and about half the average 0.57 per cent pace over the past twenty years.

The growth for the quarter was weaker than the 2.9 per cent pace economists had expected, according to Thomson Reuters.

Besiktas played with 100 per cent pace and did fought for every single ball.

That's slightly higher than the 3 per cent pace recently reported by Statistics Canada under a different expenditure - based measure.

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.

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.

Bartlett said growth is tracking well below the 1.9 per cent pace expected by the Bank of Canada with the first half rate roughly 1.8 percentage points below the bank's latest forecast.

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.»

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.

The March figure shows the pace of inflation inched a little farther past the midpoint of the central bank's ideal range of between one and three per cent.

Services industries expanded 2.8 per cent last year for their highest pace of growth since 2011.

But the association predicts the pace of sales will cool due to several factors, including a five - year qualifying rate for a mortgage that is forecast to reach 5.70 per cent by the fourth quarter of 2019.

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.

The critical issue here is that even though inflation rose and fell over the course of the cycle, price expectations did not move — even when inflation was running at 5 per cent, the community at large expected it would soon be back to its normal lower pace.

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 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.

«Given the still solid pace of job gains, we expect the unemployment rate to move lower to 4.0 per cent assuming a stable to lower participation rate,» TD also said.

That should leave the y / y pace steady at 2.7 per cent, consistent with the prevailing view at the Fed that wage growth remains only moderate.

Today packages account for 25 per cent of the U.S. postal service's fixed costs, but the rates have not risen to keep pace.

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 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.

Real household incomes have been increasing at a slower, but still above trend, pace of almost 4 per cent a 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 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).

This went from growing at 10 per cent or more a year during the late 1990s, to falling at that pace when the economy went into recession — a very sharp reversal.

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.

Employment continues to expand at a modest pace, with payrolls up by 0.5 per cent over the year to March.

Over the six months to March 2005, housing credit grew at an annualised rate of 12.9 per cent, with the owner - occupier and investor components now growing at a broadly similar pace.

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).

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.