Economy : Page 22

Italy avoids recession with flat growth in Q3

November 2, 2023 Italy narrowly missed entering a technical recession in the third quarter (Q3) of this year, according to official data.

France's GDP up 0.1 pct in Q3

November 2, 2023 France\'s gross domestic product (GDP) in the third quarter (Q3) of 2023 increased modestly by 0.1 percent in volume terms, after a 0.6 percent increase in the previous quarter, the French National Institute of Statistics and Economic Studies (INSEE) said.

Scotland's onshore GDP grew by 0.1%

November 2, 2023 Scotland’s onshore GDP grew by 0.1% in August, according to statistics announced today by the Chief Statistician.

U.S. manufacturing sector slumps in October

November 2, 2023 U.S. manufacturing contracted sharply in October, likely reflecting strikes by the United Auto Workers (UAW) union against Detroit\'s Big Three car makers.

Inflation rate of +3.8% expected in October in Germany, retail sales fell down

November 1, 2023 The inflation rate in Germany is expected to be +3.8% in October 2023, Destatis said.

GDP down by 0.1% in euro area and up by 0.1% in EU

November 1, 2023 In the third quarter of 2023, seasonally adjusted GDP decreased by 0.1% in the euro area and increased by 0.1% in the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat.

German GDP in Q3 quarter of 2023 down 0.1%

October 30, 2023 The gross domestic product (GDP) in Germany fell slightly by 0.1% in the third quarter of 2023 compared with the second quarter of 2023 after adjustment for price, seasonal and calendar variations, Destatis reported.

Russia raises key interest rate to 15 pct

October 28, 2023 Russia\'s central bank raised the key interest rate by 2 percentage points to 15 percent on Friday amid mounting inflationary pressure.

Italy's consumer confidence, industrial turnover fall

October 28, 2023 Italy\'s economy revealed new signs of frailty on Friday, as data on business and consumer confidence and on industrial turnover all weakened in the latest reporting periods.

U.S. GDP grows at annual rate of 4.9 pct in Q3

October 27, 2023 Real gross domestic product (GDP) increased at an annual rate of 4.9 percent in the third quarter of 2023, according to the \"advance\" estimate released by the Bureau of Economic Analysis.

South Korea's GDP grows 0.6 pct in Q3

October 26, 2023 South Korea\'s gross domestic product (GDP) grew in the third quarter due to expansion in export and consumption, central bank data showed Thursday.

Significant regional variations in EU employment rates

October 25, 2023 The EU employment rate in 2022 reached its historical high at 74.6 %, however, when examining regional data, significant differences emerge beneath the EU average.