MADRID, Oct 30 Reuters The Spanish economy grew at a fasterthanexpected rate in the third quarter to again outpace its European peers thanks to a strong tourism season and exports, preliminary data showed on Wednesday. Spain39;s gross domestic product grew 0.8 in the third quarter from the previous three months, the same pace of expansion […]

Oct 30 Reuters Spain39;s European Unionharmonised 12month inflation rate rose to 1.8 in October from 1.7 in the period through September, preliminary data released by the National Statistics Institute INE, showed on Wednesday. The 12month EUharmonised inflation was in line with the 1.8 expected by analysts polled by Reuters. Annual core inflation, which strips out […]

PARIS, Oct 30 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 […]

Thirdquarter GDP forecast to increase at a 3.0 rate Consumer, business spending expected to add to GDP growth Core PCE inflation seen rising at a slower 2.1 pace Key report lands days before presidential election WASHINGTON, Oct 30 Reuters The U.S. economy likely maintained a solid pace of growth in the third quarter as subsiding […]

Headline CPI at 2.8 in Q3, back in RBA39;s target band of 23 Core sticky at 3.5, services inflation picks up Data supports view of 2025 rate cuts; muted reaction in markets SYDNEY, Oct 30 Reuters Australian consumer price inflation slowed to a 312 year low in the third quarter, though the core measure was […]

Jose Ignacio Goirigolzarri to resign at board meeting Deputy chairman Tomas Muniesa to take over Changes come ahead of bank39;s strategic plan in November MADRID, Oct 30 Reuters The deputy chairman of Caixabank, Tomas Muniesa, is set to succeed Jose Ignacio Goirigolzarri as chairman of Spain39;s biggest lender by domestic assets, a source with knowledge […]

BANGKOK, Oct 29 Reuters Thailand39;s inflation target should work to lift inflation above 1, the finance minister said on Tuesday, before a meeting with the central bank where he hoped to be able to reach an agreement on a new target and whether it should be a midpoint or range. Finance Minister Pichai Chunhavajira and […]

HONG KONG, Oct 29 Reuters Hong Kong39;s home prices dropped for the fifth consecutive month in September, official data showed on Tuesday, in a struggling property market that realtors expect to bottom out soon after an interest rate cut and the government39;s easing policies. WHY IT39;S IMPORTANT Housing demand in Hong Kong, one of the […]

WASHINGTON, Oct 29 Reuters U.S. job openings fell to the lowest level in more than 312 years in September and data for the prior month was revised down, pointing to a considerable easing in labor market conditions. Job openings, a measure of labor demand, dropped by 418,000 to 7.443 million by the last day of […]

WASHINGTON, Oct 29 Reuters U.S. consumer confidence increased to a ninemonth high in October amid improved perceptions of the labor market. The Conference Board said on Tuesday its consumer confidence index rose to 108.7 this month from a upwardly revised 99.2 in September. Economists polled by Reuters had forecast the index climbing to 99.5 from […]