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Bank of Spain upgrades growth outlook but many Spaniards feel stretched
Spain is outpaced the rest of the euro zoneEconomy supported by tourism, European recovery fundsImmigration has also boosted consumption and supplied labourBy Jesus CaleroMADRID, Dec 23 (Reuters) - Spain's central bank raised its outlook on Tuesday for economic growth next year, reinforcing the ...Reuters
7 minutes ago
US Durable Goods Orders decline 2.2% in October vs -1.5% expected
Durable Goods in the US decreased $6.8 billion, or 2.2%, to $307.4 billion in October, the US Census Bureau reported on Tuesday. This print followed the 0.7% increase recorded in September and came in worse than the market expectation for a decrease of 1.5%.Fxstreet
8 minutes ago
WRAPUP 2-US economic growth accelerates in third quarter
By Lucia Mutikani WASHINGTON, Dec 23 (Reuters) - The U.S. economy grew faster than expected in the third quarter, driven by robust consumer spending, but momentum appears to have faded amid the rising cost of living and recent government shutdown.Gross domestic product increased at a 4.3% ann...Reuters
16 minutes ago
Canadian economy shrank by 0.3% in Oct, biggest drop in almost 3 years
OTTAWA, Dec 23 (Reuters) - The Canadian economy shrank by a greater-than-expected 0.3% in October, the largest drop in almost three years, on weakness in both the goods and services sectors, official data showed on Tuesday.Analysts had forecast growth would dip by 0.2% from September as the economy ...Reuters
20 minutes ago
Brazil annual inflation slows in early December as markets eye 2026 rate cuts
SAO PAULO, Dec 23 (Reuters) - Brazil's annual inflation slowed in early December, official data showed on Tuesday, as markets expect the central bank to start lowering interest rates early next year.Consumer prices in Latin America's largest economy rose 4.41% in the 12 months through mid-De...Reuters
57 minutes ago
Mexico's annual inflation hits 3.72% in early December, below expectations
MEXICO CITY, Dec 23 (Reuters) - Mexico's annual inflation rate hit 3.72% in the first half of December, official data showed on Tuesday, below the expectations of economists polled by Reuters who had forecast it to come in at 3.85%. The closely watched core price index, which strips out some vol...Reuters
an hour ago
Mexico posts $274 million s/a trade deficit in November
MEXICO CITY, Dec 23 (Reuters) - Mexico posted a $274 million trade deficit in November when adjusted for seasonal swings, the national statistics agency said on Tuesday.In non-seasonally adjusted terms, Mexico posted a trade surplus of $663 million.Reuters
2 hours ago
Jared Kushner's withdrawal from Serbia will hurt investment, official says
BELGRADE, Dec 23 (Reuters) - A decision by Jared Kushner, U.S. President Donald Trump's son-in-law, to pull out of a luxury development plan in Serbia will deprive the country of much-needed foreign investment and other Balkan states will benefit, the head of Serbia's ruling party said. Kush...Reuters
2 hours ago
Bank of Spain sees up to 0.7% fourth-quarter growth, raises longer-term outlook
MADRID, Dec 23 (Reuters) - Spain's economy likely expanded at a rate of between 0.6% and 0.7% in the fourth quarter, the Bank of Spain said on Tuesday, far outpacing other large euro zone economies and in line with the 0.6% quarterly growth recorded between July and September.In Tuesday's qu...Reuters
2 hours ago
