growth Archive

  • Bank Of Italy Sees Q3 Growth Of 0.5% Italy's economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday. Gross domestic product continued to grow at a steady pace in the third quarter, gaining 0.5 percent on the previous period, a slight acceleration with respect to the spring, the bank said in its latest quarterly economic bulletin. The economy expanded 0.3 percent in the second quarter and 0.5 percent in the first three months of the year. "During the summer, output appears to have again benefited from the growth in value added in the service sector and in non-construction industry, which both showed an improvement on the second quarter," the bank said in the report. For the full year 2017, GDP growth may be slightly higher than the 1.4 percent estimated in the previous bulletin, the bank said. The economy grew 0.9 percent in 2016.

    Bank Of Italy Sees Q3 Growth Of 0.5%

    Bank Of Italy Sees Q3 Growth Of 0.5% Italy's economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday. Gross domestic product continued to grow at a steady pace in the third quarter, gaining 0.5 percent on the previous period, a slight acceleration with respect to the spring, the bank said in its latest quarterly economic bulletin. The economy expanded 0.3 percent in the second quarter and 0.5 percent in the first three months of the year. "During the summer, output appears to have again benefited from the growth in value added in the service sector and in non-construction industry, which both showed an improvement on the second quarter," the bank said in the report. For the full year 2017, GDP growth may be slightly higher than the 1.4 percent estimated in the previous bulletin, the bank said. The economy grew 0.9 percent in 2016.
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  • Bank Of Italy Estimates Q3 Growth At 0.5% Italy's economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday. Gross domestic product continued to grow at a steady pace in the third quarter, gaining 0.5 percent on the previous period, a slight acceleration with respect to the spring, the bank said in its latest quarterly economic bulletin. The economy expanded 0.3 percent in the second quarter and 0.5 percent in the first three months of the year. "During the summer, output appears to have again benefited from the growth in value added in the service sector and in non-construction industry, which both showed an improvement on the second quarter," the bank said in the report. For the full year 2017, GDP growth may be slightly higher than the 1.4 percent estimated in the previous bulletin, the bank said. The economy grew 0.9 percent in 2016.

    Bank Of Italy Estimates Q3 Growth At 0.5%

    Bank Of Italy Estimates Q3 Growth At 0.5% Italy's economic growth improved slightly in the third quarter, led by strong performance in the service sector and non-construction industry, the Bank of Italy said Friday. Gross domestic product continued to grow at a steady pace in the third quarter, gaining 0.5 percent on the previous period, a slight acceleration with respect to the spring, the bank said in its latest quarterly economic bulletin. The economy expanded 0.3 percent in the second quarter and 0.5 percent in the first three months of the year. "During the summer, output appears to have again benefited from the growth in value added in the service sector and in non-construction industry, which both showed an improvement on the second quarter," the bank said in the report. For the full year 2017, GDP growth may be slightly higher than the 1.4 percent estimated in the previous bulletin, the bank said. The economy grew 0.9 percent in 2016.
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  • German Producer Price Growth Picks up in September Germany's wholesale inflation advanced at a more accelerated pace in September compared to the previous month, with inflation rallying across all of the nation's main top industrial sectors, the latest sign that threats of deflation have all but disappeared. The German producer price index index increased 3.1 percent year-on-year in September, from 2.6 percent in the preceding month. The figures were slightly above the 3 percent economists had projected. Inflation in the euro area's powerhouse economy has significantly gained momentum in the prior month, aided by the better-than-anticipated expansion across the economic block, along with a recovery in energy prices. Prices of nondurable goods increased by 3.4 percent, while intermediate goods rose 3.6 percent. Energy and electricity prices rose 4.6 percent and 8.9 percent respectively. The inflation figures are perceived as positive developments by ECB policymakers..

    Prime News: German Producer Price Growth Picks up in September

    German Producer Price Growth Picks up in September Germany's wholesale inflation advanced at a more accelerated pace in September compared to the previous month, with inflation rallying across all of the nation's main top industrial sectors, the latest sign that threats of deflation have all but disappeared. The German producer price index index increased 3.1 percent year-on-year in September, from 2.6 percent in the preceding month. The figures were slightly above the 3 percent economists had projected. Inflation in the euro area's powerhouse economy has significantly gained momentum in the prior month, aided by the better-than-anticipated expansion across the economic block, along with a recovery in energy prices. Prices of nondurable goods increased by 3.4 percent, while intermediate goods rose 3.6 percent. Energy and electricity prices rose 4.6 percent and 8.9 percent respectively. The inflation figures are perceived as positive developments by ECB policymakers..
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  • China Posted Relatively Strong Economic Growth in the Third Quarter China reported relatively upbeat economic expansion in the third quarter, propelled by a stronger service industry, though there were indications of weakness in real estate and construction, data showed. According to the National Bureau of Statistics, China's property sector was up 3.9 percent in the quarter from 2016, slowing from 6.2 percent in the second quarter and the softest clip in almost two years. China's third-quarter expansion eased only marginally to 6.8 percent from 6.9 percent in the quarter earlier. Growth in construction activity deccelerated from 5.4 percent in the second quarter to four percent, the lowest growth since the fourth quarter of 2000, the NBS data showed. Property and construction account for 13.3 percent of the economy, while property in itself directly affects 40 other industries. Property sales fell for the first time in over 2-½ years in September and housing starts s..

    Prime News: China Posted Relatively Strong Economic Growth in the Third Quarter

    China Posted Relatively Strong Economic Growth in the Third Quarter China reported relatively upbeat economic expansion in the third quarter, propelled by a stronger service industry, though there were indications of weakness in real estate and construction, data showed. According to the National Bureau of Statistics, China's property sector was up 3.9 percent in the quarter from 2016, slowing from 6.2 percent in the second quarter and the softest clip in almost two years. China's third-quarter expansion eased only marginally to 6.8 percent from 6.9 percent in the quarter earlier. Growth in construction activity deccelerated from 5.4 percent in the second quarter to four percent, the lowest growth since the fourth quarter of 2000, the NBS data showed. Property and construction account for 13.3 percent of the economy, while property in itself directly affects 40 other industries. Property sales fell for the first time in over 2-½ years in September and housing starts s..
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  • BRAZIL: Ibovespa Falls 0.4% On Lower Growth In China Ibovespa, the benchmark stock index in Brazil, closed down 0.4% Thursday at 76,283.16 points, tracking the path of emerging markets after China reported that its Gross Domestic Product (GDP) grew 6.9% in the third quarter, at a slower pace than the expected by investors. The Chinese figures negatively impacted on commodities prices. But contrary to the more than 3% fall in iron ore, Vale's shares rose 2.26%, limiting Ibovespa's deceleration, after reported its production data for the third quarter, which had a record high. "Despite the price of the iron ore closing down, Vale had a record production in the quarter, creating an expectation of good financial results for the period," said Vitor Suzaki, an analyst at Lerosa Investimentos. According to ?lvaro Bandeira, the chief economist at Homebroker Modalmais, the Chinese question was the primary factor that soured the mood in the Brazilian market Thursday. "The da..

    BRAZIL: Ibovespa Falls 0.4% On Lower Growth In China

    BRAZIL: Ibovespa Falls 0.4% On Lower Growth In China Ibovespa, the benchmark stock index in Brazil, closed down 0.4% Thursday at 76,283.16 points, tracking the path of emerging markets after China reported that its Gross Domestic Product (GDP) grew 6.9% in the third quarter, at a slower pace than the expected by investors. The Chinese figures negatively impacted on commodities prices. But contrary to the more than 3% fall in iron ore, Vale's shares rose 2.26%, limiting Ibovespa's deceleration, after reported its production data for the third quarter, which had a record high. "Despite the price of the iron ore closing down, Vale had a record production in the quarter, creating an expectation of good financial results for the period," said Vitor Suzaki, an analyst at Lerosa Investimentos. According to ?lvaro Bandeira, the chief economist at Homebroker Modalmais, the Chinese question was the primary factor that soured the mood in the Brazilian market Thursday. "The da..
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  • DIHK Raises Germany's 2017 Growth Forecast The German Chamber of Industry and Commerce (DIHK) on Thursday raised the biggest euro area economy's growth forecast for this year and projected an acceleration in the pace of expansion next year, citing the prospect of further consumption gains, stronger exports and record investment intentions. Germany's gross domestic product is set to grow 2 percent this year, which is faster than the 1.8 percent predicted earlier. The pace of growth is set to improve to 2.2 percent next year, the group said. The predictions are based on the economic survey that was based on the responses of around 27,000 companies. The DIHK also raised the employment growth forecast for this year to 600,000-650,0000 from 500,000 increase seen earlier. The ongoing strong growth momentum is supported by domestic demand and solid exports, the survey showed. The business situation in the construction sector was particularly positive, hitting a p..

    DIHK Raises Germany's 2017 Growth Forecast

    DIHK Raises Germany's 2017 Growth Forecast The German Chamber of Industry and Commerce (DIHK) on Thursday raised the biggest euro area economy's growth forecast for this year and projected an acceleration in the pace of expansion next year, citing the prospect of further consumption gains, stronger exports and record investment intentions. Germany's gross domestic product is set to grow 2 percent this year, which is faster than the 1.8 percent predicted earlier. The pace of growth is set to improve to 2.2 percent next year, the group said. The predictions are based on the economic survey that was based on the responses of around 27,000 companies. The DIHK also raised the employment growth forecast for this year to 600,000-650,0000 from 500,000 increase seen earlier. The ongoing strong growth momentum is supported by domestic demand and solid exports, the survey showed. The business situation in the construction sector was particularly positive, hitting a p..
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  • *DIHK Raises 2017 Growth Forecast To 2% From 1.8%, Sees 2018 Growth At 2.2% DIHK Raises 2017 Growth Forecast To 2% From 1.8%, Sees 2018 Growth At 2.2%

    *DIHK Raises 2017 Growth Forecast To 2% From 1.8%, Sees 2018 Growth At 2.2%

    *DIHK Raises 2017 Growth Forecast To 2% From 1.8%, Sees 2018 Growth At 2.2% DIHK Raises 2017 Growth Forecast To 2% From 1.8%, Sees 2018 Growth At 2.2%
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  • UK wage growth eased marginally in the three months to August, which is comfortably below the rate of inflation, despite the unemployment rate holding still at its lowest level since 1975. According to the Office for National Statistics, average hourly earnings of British workers, excluding bonuses, rose 2.1 percent year-over-year over the period, lower from a slightly upwardly revised 2.2 percent in the three months until July. Real earnings, which are adjusted for inflation, declined at a year-on-year pace of 0.4 percent. There was slightly stronger growth for workers in the private sector, the ONS said. The latest figures follows after separate data released this week showed that consumer prices increased at an annual pace of three percent in September, propelled by the post-Brexit decline in the pound. Higher inflation along with weaker wage growth has added pressure on the spending ability of consumers. Britain's unemployment rate between June and August held at a 42-yea..

    Prime News: UK Wage Growth Drops as Unemployment Rate at 42-Year Low

    UK wage growth eased marginally in the three months to August, which is comfortably below the rate of inflation, despite the unemployment rate holding still at its lowest level since 1975. According to the Office for National Statistics, average hourly earnings of British workers, excluding bonuses, rose 2.1 percent year-over-year over the period, lower from a slightly upwardly revised 2.2 percent in the three months until July. Real earnings, which are adjusted for inflation, declined at a year-on-year pace of 0.4 percent. There was slightly stronger growth for workers in the private sector, the ONS said. The latest figures follows after separate data released this week showed that consumer prices increased at an annual pace of three percent in September, propelled by the post-Brexit decline in the pound. Higher inflation along with weaker wage growth has added pressure on the spending ability of consumers. Britain's unemployment rate between June and August held at a 42-yea..
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  • *Fed: Pace Of Economic Growth Split Between Modest And Moderate Fed: Pace Of Economic Growth Split Between Modest And Moderate

    *Fed: Pace Of Economic Growth Split Between Modest And Moderate

    *Fed: Pace Of Economic Growth Split Between Modest And Moderate Fed: Pace Of Economic Growth Split Between Modest And Moderate
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  • *Fed: Employment Growth Was Modest On Balance Fed: Employment Growth Was Modest On Balance

    *Fed: Employment Growth Was Modest On Balance

    *Fed: Employment Growth Was Modest On Balance Fed: Employment Growth Was Modest On Balance
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