gdp
Top StoriesGerman Producer Prices Rise Unexpectedly in November
FinanceGerman Tax Revenue Rose by 9.0% in November, Finance Ministry Says
BankingUS Tariffs Would Hit Hungary’s Growth, Boost Inflation, Central Bank Says
BusinessBehind a Potential Honda and Nissan Tie-Up, the Existential Threat Posed by Chinese EVs
German Consumer Sentiment Outlook Modest After Slight Pickup, GfK Finds
Date: December 19, 2024
BERLIN (Reuters) – German consumer sentiment is expected to improve slightly at the start of next year but at a low level as high food and energy prices and job insecurity weigh on households, a survey showed on Thursday. The consumer sentiment index, published by GfK and the Nuremberg Institute for Market Decisions (NIM), rose...
Behind a Potential Honda and Nissan Tie-Up, the Existential Threat Posed by Chinese EVs
Date: December 19, 2024
By Kantaro Komiya, Yoshifumi Takemoto TOKYO (Reuters) -Some unions are born of necessity, others from convenience. In the case of Honda and Nissan’s potential merger, it is mostly defensive as Chinese rivals take the world by storm. While the challenge from China’s seemingly boundless EV expertise looms large for all traditional automakers, for Japan it...
UK Factories Report Plunge in Output, Adding to Economic Slowdown Signs
Date: December 18, 2024
By William Schomberg LONDON (Reuters) -British manufacturers reported the biggest fall in output since the COVID-19 pandemic in late 2024 and they are even more downbeat about the start of next year, according to a survey that adds to signs of a loss of momentum in the economy. The Confederation of British Industry said a...
Parties Unveil Plans to Rescue Germany From Economic Doldrums
Date: December 17, 2024
By Andreas Rinke and Matthias Williams BERLIN (Reuters) -Germany’s main political parties presented their competing plans on Tuesday for lifting Europe’s largest economy out of the doldrums as campaigning kicked off for a snap election on Feb. 23. The election, triggered after Social Democrat Chancellor Olaf Scholz’s three-party coalition collapsed last month amid arguments over...
Exclusive-China Plans Record Budget Deficit of 4% of GDP in 2025, Say Sources
Date: December 17, 2024
(Reuters) -Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sources with knowledge of the matter said. The new deficit plan compares with an initial target of 3% of GDP for...
QUOTES-Economists on German Parties’ Election Programmes
Date: December 17, 2024
BERLIN (Reuters) -Germans are preparing to go to the polls on Feb. 23 after Chancellor Olaf Scholz lost a confidence vote, and their emphasis will be on the parties’ proposed solutions for the stuttering economy. The election catches Germany at a testing time, with the economy set to shrink for a second straight year, industrial...