Econintersect Analysis Blog
Tag Archives: fuel
The Reserve Bank should consider holding back further rate increases for at least next three months and closely study price behavior lest it has to backpedal later (as it had to do quite embarrassingly in late 2008). Continue reading
Over the last 4 months – the YoY increase in retail sales has been in a tight range of a little over 7% YoY gain. Even being pessimistic, it is impossible to make this data look bad based on trends over the past several months. The only argument is how strong the data trend really is. Continue reading
Retail sales were up in February 2011 and contributions from rising fuel prices were negligible. Continue reading
The University of Michigan Consumer Sentiment Index final report for February came in at 77.5, the highest level since January 2008. The February number beat the Briefing.com consensus expectation of no change from the 75.1 in the February preliminary report.