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Economy : Page 31

Türkiye revises medium-term inflation, growth forecasts

September 7, 2023
The Turkish government on Wednesday lowered its economic growth forecasts while raising its expected inflation rate for the upcoming three years in its annual Medium-Term Program.

Germany's factory orders plunge

September 6, 2023
Germany\'s factory orders fell at the strongest pace in 39 months in July due to a very large order reported in the manufacture of air and spacecraft in the prior month, official data revealed.

Brazil's financial market upgrades 2023 growth forecast

September 6, 2023
Brazil\'s financial market upgraded the country\'s economic growth forecast for 2023 from 2.31 percent to 2.56 percent, the Central Bank of Brazil said.

South Africa's GDP grows by 0.6%

September 6, 2023
Stats SA has announced that South African real Gross Domestic Product (GDP) expanded by 0.6% in the second quarter of 2023, which measured is from April to June.

Eurozone investor confidence signals economic downturn

September 5, 2023
Eurozone investor sentiment weakened in August reinforcing the fears of economic downturn as Germany burdens the entire zone with a deep recession, survey data from the behavioral research institute Sentix showed Monday.

West Virginia Governor Justice announces $22.8 million revenue surplus for August

September 5, 2023
Governor Jim Justice announced that West Virginia’s General Revenue collections for August 2023, the second month of Fiscal Year 2024, came in at $410.8 million, which is $22.8 million above estimate.

Average gross wages in Slovakia increased year on year in all 19 monitored sectors

September 5, 2023
In the 2nd quarter of 2023, the average nominal monthly wage of an employee in the SR economy reached EUR 1 419 with a year on year growth by 9.9%.

Swedish bankruptcies reach highest level in decade

September 2, 2023
The number of bankruptcies in Sweden has reached the highest level in a decade.

Italy's economy contracts 0.4 pct in Q2

September 2, 2023
Italy\'s economy contracted by 0.4 percent in the second quarter of this year, the country\'s National Institute of Statistics (ISTAT) said.

Austria sees economic contraction in Q2

September 2, 2023
Austria\'s gross domestic product (GDP) shrank by 1.1 percent in real terms year on year in the second quarter (Q2) of this year, logging the country\'s first quarterly economic contraction in the past eight quarters, Statistics Austria said.

Brazil records trade surplus of nearly $9.8 billion in August

September 2, 2023
Brazil posted a trade balance of BRTBAL=ECI of $9.767 billion in August, government data showed on Friday, above market estimates for a balance of $9.75 billion.

Canada's economy stalls in Q2

September 2, 2023
Canada\'s economy stalled in the second quarter of 2023, compared to the previous quarter, as real gross domestic product (GDP) was nearly unchanged, Statistics Canada said in a statement.
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