Economic Forecasts

The Commonwealth Bank's forecasts for the main components of the national accounts, consumer price index (CPI), labour market, wages and the current account.

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Dec 2008
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24 December 2008 - AEST 8.30am - Major currencies were becalmed in thin European and US trade on Tuesday - European sharemarkets were mixed - US sharemarkets limped into Christmas with modest declines - Crude oil prices fell again - Base metal prices were generally lower - And the price of gold also eased as investors retreated from commodities.

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Friday, 9 January 2009

JP Leading/coincident index CI, Nov, (85.2/97.7) US Non-farm payrolls, Dec, '000, (-533) US Unemployment rate, Dec, %, (6.7) US Avg hrly earnings, Dec, m/y%ch, (0.4/3.7) US Wholesale inventories, Nov, %, (-1.1) UK PPI input/out, Dec, m%ch, (-3.3/-0.7); core (0.2) EZ Retail sales, Nov, m/y%ch, (-0.8/-2.1) GE Industrial production, Oct, m%ch, (-2.1) CA Housing starts, Dec, '000, (172.0) CA Building permits, Nov, m%ch, (-15.7) CA Unemployment rate, Dec, %, (6.3) CA Net change in employment, Dec, '000, (-70.6)

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