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Top StoriesSpain’s Q3 GDP Quarterly Growth Confirmed at 0.8% – Final Data

German Import Prices up 0.6% Y/y in November
Date: December 23, 2024
(Reuters) – German import prices grew by 0.6% year on year in November, the statistics office said on Monday. Analysts polled by Reuters had predicted a 0.3% increase. The statistics office offers more detailed economic data on its website. (Reporting by Bartosz Dabrowski, editing by Kirsti Knolle)...

UK Economy Flat-Lined in Q3 in New Setback for Government
Date: December 23, 2024
LONDON (Reuters) -British economic output failed to grow in the third quarter, official figures showed, adding to the signs of a slowdown at the start of the government of British Prime Minister Keir Starmer. The Office for National Statistics on Monday lowered its estimate for the change in gross domestic product output to 0.0% in...

Brace! Risks Stack up for the Global Economy in 2025
Date: December 23, 2024
By Mark John (Reuters) – No sooner had the global economy started to put the aftermath of the COVID-19 pandemic behind it than a whole new set of challenges opened up for 2025. In 2024, the world’s central banks were finally able to start lowering interest rates after largely winning the battle against inflation without...

UK Business Morale Falls to 2024 Low but Pay Growth Strong, Surveys Show
Date: December 23, 2024
LONDON (Reuters) – British business confidence fell to its lowest level of 2024 in December but employers were a bit more optimistic about the wider economy, according to a survey published on Monday, while separate data showed a pre-Christmas rise in hiring and pay. The Lloyds Bank Business Barometer measure of confidence among companies fell...

Hungary’s Parliament Backs 2025 Budget Plan, Deficit Target Seen at Risk
Date: December 20, 2024
By Gergely Szakacs BUDAPEST (Reuters) – Hungary’s parliament approved Prime Minister Viktor Orban’s 2025 budget on Friday, shrugging off concerns by the Fiscal Council that the government’s growth assumptions are too optimistic and the reserves too low to tackle contingencies. Orban, in power since 2010, has struggled to revive Hungary’s economy after last year’s downturn...

Italy Business Morale Picks up in December but Consumers More Downbeat
Date: December 20, 2024
ROME (Reuters) -Morale among Italian businesses and consumers moved in opposite directions in December, data showed on Friday, with sentiment among firms recovering from recent lows but consumer confidence slipping for a third month running. The data paints an uncertain picture going into next year for the euro zone’s third largest economy, which has stalled...
