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Economic Indicator

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Displaying items 1-5
  • EU document says Italy needs up to 4.8 billion euros in new cuts

    Italy will need to find extra belt tightening measures worth as much as 4.8 billion euros ($5.9 billion) next year to meet European Union budget targets, according to a technical document prepared for the European Commission.
  • Indian growth slows less than feared, easing pressure for rate cut

    A slowdown in India's economy in the last quarter will increase calls for Prime Minister Narendra Modi to step up reforms but was less severe than feared, giving the central bank ammunition to resist government pressure to cut interest rates. Gross...

    Brazil scrapes out of recession on government spending

    Brazil's economy crawled out of a recession in the third quarter as public spending rose before presidential elections, suggesting growth could be short-lived as the government plans to tighten its budget. The economy grew 0.1 percent in the third...

    Cheap oil may temper cheer over strong Canada third quarter GDP

    Canada's economy grew faster than expected in the third quarter, according to data on Friday, but cheaper oil prices add to the likelihood the Bank of Canada will not consider higher interest rates anytime soon despite the recent run of strong figures....

    Italy GDP likely to stagnate in fourth quarter, statistics office ISTAT says

    Italy's economy is likely to stagnate in the fourth quarter of this year after shrinking in the previous two quarters, national statistics institute ISTAT said on Friday. In its monthly bulletin ISTAT forecast gross domestic product would be flat in...