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    Edition May 29, 2018

    Indonesia: Growth contributions

    Q1 growth came out at 5.1% over 12 months compared with 5.2% over the last 3 months of 2017. The consensus was for 5.2% growth. With consumers, growth was 4.9% over the first 4 months of 2018, compared with 5% in Q4 last year. State consumption came out at 2.7%. Exports also did their bit, slowing from 8.5% in Q4 2017 to 6.2% in the following quarter. Investment, however, turned out to be slightly more vigorous.

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  • Edition May 2018 US trade deficit with EU

    The European Union is the United States' number two trade partner, and accounts for over 102 billion dollars in the US trade deficit, far behind China ($337bn), out of a total deficit of around 567 billion dollars (3.3% of GDP) in 2017.

    US trade deficit with EU


  • Edition May 2, 2018 France: GDP and business climate

    The fall in Insee's composite PMI and business climate index since the start of the year should therefore not be read as an early sign of a cyclical downswing but rather as adapting expectations to reality. The reality is that of an activity cycle which, after seeing a period of acceleration, is now in an expansion phase.

    France: GDP and business climate


  • Edition April 25, 2018 UK: PMI surveys of the economic climate

    The Purchasing Managers' Index (PMI) surveys deteriorated in Q1, for both manufacturing industry and services, as the snow in March weighed on activity. The manufacturing PMI dropped to 55.1 on average over the quarter against 56.9 in Q4. New orders posted their weakest pace of growth since June 2017. In services, the index lost 2.5 points to 53.1.

    UK: PMI surveys of the economic climate


  • Edition april 20, 2018 Germany: US imports of vehicles

    German cars represent 12.9% of US imports of vehicles worth $ 22 billion in 2016. These imports are regularly criticized by the US administration and are threatened with likely tariff barriers that would undermine the country's industrial production.

    Germany: US imports of vehicles


  • Edition April 10, 2018 Slovenia: Public debt

    The banking sector had been especially hard-hit and the necessary intervention of the public finances had pushed debt levels up from 21.8% of GDP in 2008 to 82.9% in 2015. Since then, it has been trending down, to a forecast 76.4% of GDP in 2017, and a 63% projection in 2022. The budget deficit, which has also been significantly narrowed, is forecast to be in balance in 2018 and stabilise around this balance at the same time.

    Slovenia: Public debt



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