gdp
Top StoriesInflation-Boosting UK Budget Hits Bets on Bank of England Rate Cuts
Top StoriesUK’s Reeves Faces Heat for Weak Growth Despite Tax-And-Spend Budget
Top StoriesGerman Economy Unexpectedly Grows, Dodging Recession; Inflation Up
Top StoriesEuro Zone Grows Quicker Than Expected but Outlook Remains Weak
UK Economy Forecast to Grow 2.0% in 2025, Finance Minister Says
Date: October 30, 2024
LONDON (Reuters) – Britain’s economy is forecast to grow by 2.0% next year, finance minister Rachel Reeves said on Wednesday, citing the latest projections from the Office for Budget Responsibility. The new figure compared with a growth forecast for 2025 of 1.9% in the OBR’s previous outlook published in March, when the former Conservative government...
Spain’s Economy Beats Forecasts With 0.8% Quarterly Growth
Date: October 30, 2024
MADRID (Reuters) -The Spanish economy grew at a faster-than-expected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain’s gross domestic product grew 0.8% in the third quarter from the previous three months, the same pace of expansion as in...
Spain’s Economy Beats Forecasts With 0.8% Quarterly Growth
Date: October 30, 2024
MADRID (Reuters) -The Spanish economy grew at a faster-than-expected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain’s gross domestic product grew 0.8% in the third quarter from the previous three months, the same pace of expansion as in...
Record Passenger Traffic Lifts Spanish Airport Operator Aena’s Profit
Date: October 30, 2024
MADRID (Reuters) – Spanish airport operator Aena said on Wednesday its net profit in the first nine months of the year rose 27% from the same period last year as the post-pandemic travel boom pushed passenger traffic to new records. Aena booked a net profit of 1.44 billion euros ($1.56 billion) out of revenues rising...
French Economy Expanded 0.4% in Q3, Insee Says
Date: October 30, 2024
PARIS (Reuters) -French economic growth beat estimates by accelerating by 0.4% in the third quarter 2024 from 0.2% in the second quarter because of impact of the Paris Olympic Games, preliminary data from statistics agency INSEE showed on Wednesday. Economists polled by Reuters had an average forecast of 0.3% for third quarter gross domestic product...
Morning Bid: From GDP Data to Tech Earnings, a Lot to Chew On
Date: October 30, 2024
A look at the day ahead in European and global markets from Rae Wee Investors will have a full calendar of major releases to digest on Wednesday, from bank and Big Tech earnings to a UK budget, along with a U.S. private payrolls report and growth figures for the U.S. and several big European...