gdp
FinanceItaly’s Economy Stagnates in Q3, Pointing to Weak 2024
Top StoriesItaly Oct Jobless Rate Falls to 5.8%, Lowest Since 2007
BusinessEuro Zone Nov Factory Activity Fell Sharply; Outlook Gloomy, PMI Shows
Top StoriesFloods Slow Spanish Manufacturing Growth in November, PMI Shows
Polish Manufacturing PMI Dips as New Orders Fall, Outlook Weakens
Date: December 2, 2024
WARSAW (Reuters) – Poland’s manufacturing sector saw a renewed contraction in November as new orders fell at their fastest pace in three months, pushing output back into decline, an S&P Global business survey showed on Monday. The Poland Manufacturing Purchasing Managers’ Index (PMI) slipped to 48.9 in November from 49.2 in October, marking the first...
Russian Factory Activity Expands Marginally in November, PMI Shows
Date: December 2, 2024
(Reuters) – Activity across Russia’s manufacturing sector increased marginally in November, a business survey showed on Monday, thanks to fresh expansions in outputs and new orders even as work backlogs depleted and firms cut workforce numbers. The S&P Global Purchasing Managers’ Index (PMI) for Russian manufacturing rose to 51.3 from 50.6 in October, moving further...
Exclusive-Russia’s Vtb Sees 2025 GDP Growth at 1.9%, CEO Says
Date: December 2, 2024
MOSCOW (Reuters) – Russia’s second-largest lender VTB sees 2025 GDP growth at 1.9%, above the International Monetary Fund’s forecast of 1.3%, while inflation will slow to 6.4% from the current rate of 8.5%, VTB’s CEO Andrei Kostin told Reuters in an interview. “We believe that it will still be possible to reduce inflation to 6.4%....
French Q3 Economic Growth Confirmed at 0.4% – Insee
Date: November 29, 2024
(Reuters) – France’s economy grew 0.4% in the third quarter of 2024, official data from the country’s statistics office INSEE showed on Friday, driven by positive fallbacks from the Paris Olympics. According to the institute, France’s gross domestic product (GDP) grew by an average of 0.4% over the July-September period, confirming the preliminary figure published...
German Retail Sales Fall More Than Expected in October
Date: November 29, 2024
(Reuters) – German retail sales fell more than expected in October, decreasing by 1.5% compared with the previous month, data showed on Friday. Analysts polled by Reuters had predicted a 0.3% decrease. Compared to the same month in the previous year, the retail sector recorded an increase in sales of 1.0% in real terms. Food...
China’s Nov Manufacturing Activity Seen Expanding for Second Month: Reuters Poll
Date: November 29, 2024
BEIJING (Reuters) – China’s factory activity likely expanded modestly for a second straight month in November, adding to a string of recent data suggesting that a blitz of stimulus is finally trickling through and giving producers in the world’s No.2 economy a much needed boost. A Reuters poll of 21 economists estimated the official purchasing...