Sentences with phrase «strong household consumption»

The recent step - up in growth has been underpinned by strong household consumption, which rose by 1.6 per cent in the September quarter, propelled by a sharp increase in disposable income flowing from recent fiscal initiatives.

Not exact matches

Strong real income should stabilize household consumption and lead companies to rebuild their inventories.

If the global economy were to recover much more quickly than most of us expect, and, much more importantly, if Beijing were to initiate a far more aggressive program of privatization and wealth transfer than I think politically possible, perhaps transferring in the first few years the equivalent of as much as 2 - 5 % of GDP, the surge in household income could unleash much stronger consumption growth than we have seen in the past.

While household consumption was strong in the fourth quarter of 2014, it is off to a weak start in 2015.

The negative effects of lower oil prices hit the economy right away, and the various positives - more exports because of a stronger U.S. economy and a lower dollar, and more consumption spending as households spend less on fuel - will arrive only gradually, and are of uncertain size.

An additional factor explaining the continued strength of consumption over the past couple of years has been the strong increase in household wealth.

Domestic demand, particularly private consumption, continues to grow at a solid pace, reflecting low interest rates and strong growth in household incomes.

An expected continuation of positive labour market conditions and strong growth in household income, coupled with falling petrol prices and further scheduled tax cuts in July, also point to the pace of consumption growth remaining firm.

Available data point to strong growth in other components of household consumption.

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.

Rising consumer confidence and low interest rates have contributed to strong growth in household consumption.

Households have reduced their indebtedness and increased their saving, and consumption growth in the December quarter was the strongest in over two years.

The difference between the DRA in Gomboc and the electricity records in Plant is that the former revealed electricity consumption patterns at a much higher level detail, such that stronger inferences could be drawn about the precise household activities giving rise to those consumption patterns (e.g., marijuana grow operation).