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Philippe Waechter's blog

DIRECTOR OF ECONOMIC RESEARCH, OSTRUM AM

A dynamic and cyclical approach to the global economy

  • 228 views

United Kingdom – Households continue to spend

  • 15 September 2016
  • United Kingdom

Philippe Waechter

Retail sales were marginally down (-0.17%) in August after a strong improvement in July (+1.86%). Therefore the carry over growth for the third quarter at the end of August is…

READ
  • Brexit
  • Retail Sales
  • 369 views

US, Japan UK, France – What to keep in mind on Tuesday

  • 18 August 2016
  • Actus & Chroniques

Philippe Waechter

Five points to keep in mind Minutes of the Federal Reserve The good thing with the minutes of the last meeting of the Monetary Policy Committee of the Federal Reserve…

READ
  • Euro Area
  • External Trade
  • Federal Reserve
  • France
  • Japan
  • Monetary Policy
  • Retail Sales
  • Unemployment Rate
  • United Kingdom
  • United States
  • 224 views

The good surprise of the week is in the US

  • 14 June 2015
  • Good surprise

Philippe Waechter

The significant upward revision of retail sales in the US in March and April and the strong increase in May forced to revise the profile of American cycle in Q2.…

READ
  • Business Cycle
  • Retail Sales
  • United States
  • 277 views

Is Japan recovering from the VAT rate hike of April the 1st? Clearly it doesn’t

  • 29 August 2014
  • Japan

Philippe Waechter

Is Japan recovering from the VAT rate hike of Avril the 1st? Not really when we look at July numbers on retail sales. (see here for a detailed analysis of…

READ
  • Retail Sales
  • VAT
  • 339 views

Japan – The negative impact of the higher VAT rate on sales can still be seen in May

  • 20 June 2014
  • Japan

Philippe Waechter

The increase of the VAT rate on April the 1st was an important event in Japan but also for the world economy. The success or failure of the Abenomics was…

READ
  • Abenomics
  • Retail Sales
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