Meldungsübersicht

Euro Area: the last piece of GDP-evidence to confirm a favorable year 2017.

  • Euro Area sustains the pace of its economic expansion: 0.6 % (q/q) GDP growth in Q4 2017.
  • In 2017 the Austrian economy expanded by 3.1 % (y/y) surpassing Euro Area economic growth by 0.6 %-points.

 

 CEE: the region shows continued growth momentum.

  • Hungary surprised to the upside with year-on-year growth at 4.8 % (seasonally adj.) in Q4 2017.
  • Romania was the fastest growing economy in 2017 with GDP growth at 6.9 % (y/y).

USA: The impatience of stock markets

  • We examine the link between wage growth and inflation.
  • Prices are rigid and adjust slowly.  A one %-age point rise in wages leads to 0.6 %-age points increase in prices of goods and services. It takes around one year for prices to fully adjust.

USA:

  • Solid domestic demand by year-end
  • No changes at Chair Yellen’s last FOMC

 Eurozone:

  • Buoyant growth continues in the Euro Area and Austria, while EA headline inflation drops to a temporary low
  • No interest rate hike this year (Draghi)
  • bsurance bietet Versicherungen als Zusatzprodukt
  • UNIQA investiert 500.000 Euro Pre-Seed
  • Nach erfolgreichem Exit von INZMO nun fünftes Startup in UNIQA Portfolio
  • Mythos oder Wahrheit?
  • Faktencheck rund um Ski und Snowboard
  • FIS-Regeln beachten

CEE Phillips Curves: dead or alive?

  • Output gaps indicate very clearly that the business cycle has accelerated.
  • Beveridge curves indicate tight labor markets in the Czech Republic (CZ) and Hungary (HU).
  • Unit Labor Cost growth present clear evidence of wage pressure in Romania (RO), Hungary (HU) and the Czech Republic (CZ) but not in Poland (PL) or the Euro Area (EA).
  • This is accompanied by average core inflation being more than double as high in CZ, HU and RO compared to the average rate in PL and EA.
  • Estimating CEE Phillips Curves show that the output gap effect is well and active. Though, time-varying estimates indicate a recent weakening.
Weitere Meldungen laden

Willkommen

in unserem Online-Presse-Center für Medien und Journalisten mit allen aktuellen Pressemitteilungen und Downloads.


Anmelden

Sie wollen unsere aktuellen Medienmitteilungen automatisch per E-Mail erhalten? Dann tragen Sie einfach Ihre Daten in unseren Presseverteiler ein:

Zum Presseverteiler

Kontakt

UNIQA Group Communication
Untere Donaustraße 21 
1029 Wien
Austria
Tel: +43 1 211 75-3414 
Fax: +43 1 211 75-3619 
E-Mail: presse@uniqa.at 


Top Meldungen

UNIQA Capital Markets Weekly
      

Euro Area: the last piece of GDP-evidence to confirm a favorable year 2017.

  • Euro Area sustains the pace of its economic expansion: 0.6 % (q/q) GDP growth in Q4 2017.
  • In 2017 the Austrian economy expanded by 3.1 % (y/y) surpassing Euro Area economic growth by 0.6 %-points.

 

 CEE: the region shows continued growth momentum.

  • Hungary surprised to the upside with year-on-year growth at 4.8 % (seasonally adj.) in Q4 2017.
  • Romania was the fastest growing economy in 2017 with GDP growth at 6.9 % (y/y).

UNIQA Capital Markets Weekly
      

USA: The impatience of stock markets

  • We examine the link between wage growth and inflation.
  • Prices are rigid and adjust slowly.  A one %-age point rise in wages leads to 0.6 %-age points increase in prices of goods and services. It takes around one year for prices to fully adjust.

UNIQA Capital Markets Weekly
      

USA:

  • Solid domestic demand by year-end
  • No changes at Chair Yellen’s last FOMC

 Eurozone:

  • Buoyant growth continues in the Euro Area and Austria, while EA headline inflation drops to a temporary low
  • No interest rate hike this year (Draghi)