MNI EXCLUSIVE: MNI Speaks to Norwegian wage settlement committee chair

Feb-19 15:30

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Geir Axelsen, Norwegian wage settlement committee chair and National Statistics head, on wage growth...

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BOC POLLS: CANADIANS SAW RECESSION, INFLATION AFTER TRUMP WIN

Jan-20 15:30
  • BOC POLLS: CANADIANS SAW RECESSION, INFLATION AFTER TRUMP WIN
  • CONSUMER INFLATION EXPECTATIONS REMAIN ELEVATED IN BOC SURVEY
  • BOC: CONSUMER CONFIDENCE AIDED BY VIEW INTEREST RATES FALLING

BOC: BOC Polls: Half Of Consumers See Recession; Firms See Inflation Pressure

Jan-20 15:30
  • BOC survey showed nearly half of consumers expect a recession over the next year. Consumer surveys conducted Oct. 31 to Dec. 3.  
  • BOC says uncertainty around new US administration is prevalent among firms. 
  • In a separate Business Leaders' Pulse survey in December, 40% anticipated negative effects from the new US administration mainly due to higher input costs amid trade tensions. Impacts on selling prices were mixed with some planning to raise prices while others holding increases back to stay competitive. 
  • Business executives see higher cost pressures. Inflation expectations are unbalanced. Some 51% anticipate inflation at 2%-3% over the next two years.  Another 20% of those surveyed said they expect it to be above 3%.  

 

MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +31

Jan-20 15:30
  • MNI: BOC OUTLOOK SURVEY: FUTURE SALES GROWTH BALANCE OF OPINION +31
  • BANK OF CANADA BUSINESS OUTLOOK SURVEY OVERALL INDICATOR -1.18
  • BOC: CONSUMERS SEE INFLATION AT 3.89% NOW, 3.05% IN 1 YEAR

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