Sally Auld
speaker
5,823 appearances
57 recordings
1 series
first heard Sep 2024
last heard 17 Aug
Sally Auld’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsRecordings per month over the last 12 months — 28 in all, peaking in Aug 2026 with 3.
Appearances
Now, if you wanted to take the pessimistic approach, you would say that, well, that's just because people are front loading 'cause they're worried they can't get th they might not be able to get, you know, any of the stuff
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If the strait doesn't reopen uh very soon, um, but I think there is there is also uh, you know, a a a story here which reflects um, you know, the US economy actually ticking along pretty nicely, um, at trend or uh possibly even a bit above.
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I think we sort of knew that uh, you know, uh in China the first quarter would be pretty solid, um, because that followed on from a a nice pickup in growth towards the end of last year and so these will be
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The first set of activity data for the second quarter.
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So like you said, uh industrial production where the market's looking for, you know, a run rate of six percent.
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Retail sales, um, an annual run rate of two percent is the market's expectation.
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And they are actually both a little bit higher than we saw.
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uh in the prior month in in March, so maybe suggesting that the economy's carrying a bit of that momentum through
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uh into the second quarter.
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I think that will be pretty important.
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Uh, you know, we've spoken, you know, a fair bit about the the price side of what's going on in the economy here and, you know, inflation's too high and uh, you know, costs are rising uh at too too fast a rate.
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And so this'll give us
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uh some act some activity data, particularly around the labour market, and that'll be important for the Reserve Bank.
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Uh, you know, because if the unemployment rate holds in the low fours, which is uh our expectation at NAB, then again it's yet another month where, you know, where the labour market's held in nicely, it's probably on the tighter side of full employment.
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Um, and you know, their anxiety around all of this is that if your starting point is an economy that's doing reasonably well with a tight labour market, then it's just easier to get that broad based and quite rapid dissemination of
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uh price changes.
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So that will be I think the the context for looking at Thursday's numbers, but that'll be the the main game here in Australia for sure.
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Surely.
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Showing 1061–1080 of 5,823 · page 54 of 292
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