Sentences with phrase «supported household consumption»

The reason: The multi-decade debt binge, which supported household consumption prior to the financial crisis, has now come to an end.

Not exact matches

The pick - up in consumption in the March quarter appears to be continuing and is being supported by further increases in consumer confidence; household spending increased by 2 1/2 per cent in the June quarter and consumer confidence is now at its highest level in 4 years (Graph 3).

Growth in household incomes has supported consumption and should continue to do so in the period ahead, as employment and wages continue to grow solidly.

Banks should, he argues, be pushed to support real business investment as opposed to highly leveraged financial speculation and household consumption.

Hungary (now A3) is demonstrating lively economic activity, supported by household consumption and renewed investments due to flexible credit conditions and EU aid.

In contrast to IMF loans to support the kleptocrats» banks and new Cold War asset grabs from the Eastern border provinces with Russia, Ukraine's sale of bonds to Russia's sovereign debt fund and its contracts signed for gas purchases were negotiated by a democratically elected government, at prices that subsidized domestic industry and also household consumption.

Consumption was also supported by an increase in household net wealth in the December quarter of 4.2 per cent, driven by a substantial increase in the value of equities and rapid growth in house prices.

The LEAP programme is cash transfer being implemented by the Department of Social Welfare under the Ministry of Gender, Children and Social Protection (MOGCSP), aimed at reducing poverty by increasing consumption and promoting access to services and opportunities among the extreme poor and vulnerable households, elderly persons 65 years and above without any support and severely disabled persons without any productive capacity and recently, the extremely poor pregnant women and children under 2 years old.

Implemented the Support Vector Machine Learning algorithm to predict energy consumption for a household