(Reuters) – Spain’s gross domestic product grew by 5.5% in 2022, official data showed on Friday, confirming a preliminary estimate released in January. Spanish GDP in the last quarter of …
estimate
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Business News
Yellen: FDIC estimate of $2.5 billion loss related to Signature Bank is not final determination
by Reutersby ReutersWASHINGTON (Reuters) – Treasury Secretary Janet Yellen said on Thursday the U.S. Federal Deposit Insurance Corporation’s (FDIC) estimation of a $2.5 billion loss related to Signature Bank was not a …
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SEOUL (Reuters) – South Korea’s economy contracted 0.4% in the fourth quarter from a quarter earlier, revised central bank data showed on Tuesday, matching its advance estimate released in January. …
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Business News
Irish inflation ticks back up to 8% in February – flash estimate
by Reutersby ReutersDUBLIN (Reuters) – Annual Irish inflation ticked back up to 8% in February from 7.5% a month earlier, according to a flash estimate of the EU’s Harmonised Index of Consumer …
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Business News
Peru’s central bank slightly lowers 2023 economic growth estimate
by Reutersby ReutersLIMA (Reuters) – The Central Reserve Bank of Peru on Friday slightly reduced its economic growth projection for 2023 to 2.9% from 3.0%, according to a report published by the …
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TORONTO (Reuters) – Canadian housing starts edged lower in November compared with the previous month as a drop in single-detached urban starts offset groundbreaking in multiple unit urban homes, data …
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Business News
South Korea revised Q3 GDP +0.3% q/q, in line with earlier estimate
by Reutersby ReutersSEOUL (Reuters) – South Korea’s economy grew in the third quarter by a seasonally adjusted 0.3% from a quarter earlier, revised central bank data showed on Thursday, unchanged from the …
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(Reuters) – Mexico’s economy likely grew by 5.0% in October compared with the same month a year earlier, a preliminary estimate from national statistics agency INEGI showed on Friday. (Reporting …
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US and World News
Canada Sept factory sales most likely fell 0.5% – Statscan flash estimate
by Reutersby ReutersOTTAWA (Reuters) – Canadian factory sales most likely fell 0.5% in September from August, largely driven by decreases in the transportation equipment and petroleum and coal product industries, Statistics Canada …
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By Stephen Culp NEW YORK (Reuters) – Goldman Sachs boosted its third-quarter GDP growth estimate by a full percentage point, to 1.9% from 0.9%, on Wednesday after a series of …
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US and World News
German services sector weakens in Sept slightly more than initial estimate -PMI
by Reutersby ReutersBERLIN (Reuters) – Germany’s services sector shrank in September slightly more than initially expected as inflation and growing uncertainty hit demand, a survey showed on Wednesday, adding to signs that …
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US and World News
Colombia central bank hikes borrowing costs to 10%, raises 2022 GDP estimate
by Reutersby ReutersBy Nelson Bocanegra and Carlos Vargas BOGOTA (Reuters) – Colombia’s central bank board raised the benchmark interest rate by 100 basis points to 10% on Thursday, as inflation pressures and …
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LONDON (Reuters) – JPMorgan on Friday cut its forecast for China’s economic growth for this year and next, against a backdrop of prolonged weakness in the housing sector and a …
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Financial News
S.Korea revised Q2 GDP rises 0.7% q/q, in line with earlier estimate
by Reutersby ReutersSEOUL (Reuters) – South Korea’s economy grew in the second quarter by a seasonally adjusted 0.7% from the previous quarter, revised central bank data showed on Thursday, matching the advance …
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Financial News
Canada July wholesale trade most likely fell 0.6% – Statscan flash estimate
by Reutersby ReutersOTTAWA (Reuters) – Canadian wholesale trade mostly likely fell 0.6% in July from June, largely driven by lower sales of motor vehicles and motor vehicle parts, Statistics Canada said on …
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Financial News
Honduras’ cenbank expects inflation to reach 10.30% in 2022, up from previous estimate of 6.19%
by Reutersby ReutersTEGUCIGALPA – Honduras’ central bank said in a publication on Thursday that it expects annual inflation for 2022 to reach 10.30% by the year’s close, up from a previous estimate …
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Business News
Amid Looming Crisis, 900 Days Pass Without a Cost Estimate for the Energy Master Plan
by Your Newsby Your NewsNew Jersey continues to refuse to release EMP cost analysis; BPU leans on sham studies to delay and obscure the findings from the public TRENTON, N.J., July 14, 2022 — …
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Top HeadlinesUS and World News
War has killed 1.5% of Syria’s population: U.N. estimate
by Reutersby ReutersBy Emma Farge GENEVA – The U.N. human rights office said on Tuesday that 306,887 civilians had been killed in Syria during the conflict since March 2011, or about 1.5 …
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Financial News
IIF cuts 2022 global GDP growth estimate in half, flows to EM to drop 42%
by Reutersby ReutersNEW YORK – The Institute of International Finance slashed its 2022 growth outlook for global output in half, citing the economic effects of Russia’s invasion of Ukraine, China’s response to …
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Financial News
Canada wholesale trade likely up 3.9% in January – Statscan flash estimate
by Reutersby ReutersOTTAWA – Canadian wholesale trade was most up 3.9% in January from December, on higher sales in building material and supplies, along with machinery equipment and supplies, Statistics Canada said …
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Financial News
Canada January factory sales likely up 1.3% – Statscan flash estimate
by Reutersby ReutersOTTAWA – Canadian factory sales most likely rose 1.3% in January from December, largely driven by higher sales in the petroleum and coal product industry, along with wood products, Statistics …