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Economic Reports Economic Forecasting

  • BERLIN, Oct 11- Robust domestic consumption in Germany will translate into imports outstripping exports this year and next, the economy ministry said on Wednesday, predicting that trade will not contribute to growth. The ministry said it expects Europe's largest economy to expand by 2 percent this year, much more than a previous forecast of 1.5 percent and the...

  • BERLIN, Oct 11- The German government has raised its economic growth forecast for this year to 2 percent from 1.5 percent previously, the Economy Ministry said on Wednesday. It also expects Europe's biggest economy to grow by 1.9 percent next year, up from its previous forecast of 1.6 percent. Below are details of the government's autumn economic forecasts.

  • BANGKOK, Oct 11- Thailand's top consumer goods manufacturer Saha Group expects sales to improve next year as government spending drives growth in Southeast Asia's second-largest economy, its chairman said. Thailand's cabinet recently approved a measure to accelerate a $45- billion Eastern Economic Corridor development plan, a project the ruling junta...

  • Traders work on the floor of the New York Stock Exchange on January 5, 2017.

    Discussing the current state of the markets with Rene Nourse, Urban Wealth Management; Keith Bliss, Cuttone & Co.; and CNBC’s Rick Santelli.

  • NEW YORK, Oct 10- Short-term inflation expectations among U.S. consumers were stuck near their lowest level since early 2016 in September as the one-year outlook on wages and family finances deteriorated, a New York Federal Reserve survey released on Tuesday showed. The more pessimistic view followed a September payrolls report that showed a surprisingly...

  • CAIRO, Oct 10- Egypt's economy is projected to grow 4.5 percent in the fiscal year 2017/ 18, the International Monetary Fund's World Economic Outlook report showed on Tuesday, below government projections of 5-5.25 percent. Egypt's average consumer price inflation for 2017/ 18 is projected at 21.3 percent, according to the report. IMF Mission Chief for Egypt,...

  • The International Monetary Fund on Tuesday raised its forecast for global growth to 3.6 percent this year and 3.7 percent in 2018. The United States, the 19- country eurozone, Japan and China are all forecast to grow faster this year. IMF chief economist Maurice Obstfeld said the sunnier outlook for the United States— 2.2 growth this year versus 1.5 percent in...

  • LONDON, Oct 10- Britain's Brexit-bound economy remains stuck in a low gear but is probably not weak enough to dissuade the Bank of England from raising interest rates next month, economic data showed. Separately on Tuesday, Britain's budget forecasters gave a gloomier medium-term outlook for the economy, potentially leaving finance minister Philip Hammond...

  • LONDON, Oct 10- The euro vaulted to a one-week high on Tuesday after Germany's trade data blew past expectations, boosting hopes the eurozone economy's outlook remained robust. "The focus is shifting away from the political news to the economic data and that is turning to be euro positive and we should see the currency supported before the ECB meeting," said Viraj...

  • SAO PAULO, Oct 9- The Brazilian auto market should grow 40 percent in the next four years as Latin America's largest economy emerges from its deepest recession in a century, the new head of Volkswagen AG in Brazil said on Monday.

  • *Policymakers meet in Washington for annual meetings. *Germany hands over G20 presidency to Argentina. Policymakers from around the world will gather in Washington this week for the IMF and World Bank annual meetings.

  • Mercedes Vera Martin, head of an IMF mission visiting Georgia, said that the IMF had also agreed in principal to release the second tranche, or $42.3 million, of the fund's three-year $285 million loan programme for Georgia. Georgia, a major conduit for carrying Caspian oil and gas to Europe, is recovering from falling exports and a plunge in the currencies of its...

  • Third-quarter GDP tracking at 2.6% after September jobs report

    CNBC's Steve Liesman reports on how some firms have updated their GDP forecasts following September's non-farm payrolls data.

  • BERLIN, Oct 9- The International Monetary Fund is likely to nudge up its growth forecast for the global economy in its World Economic Outlook due on Tuesday, a senior German government official said. The official said on Monday that a meeting of economic policymakers in Washington for this week's IMF and World Bank annual meetings was a good opportunity to look...

  • PARIS, Oct 9- The Bank of France maintained on Monday its forecast for French quarterly gross domestic product growth of 0.5 percent in the third quarter, unchanged from the second quarter. The prediction was part of the central bank's September business climate survey, which showed that the sentiment indicator for the industrial sector was steady at 104...

  • U.S. factory worker

    Discussing the current state of the markets with David Bahnsen, The Bahnsen Group; Steve Grasso, Stuart Frankel; and CNBC’s Rick Santelli.

  • NEW YORK, Oct 6- The New York Federal Reserve on Friday raised its estimate of U.S. gross domestic product growth for the fourth quarter above 2 percent as upbeat factory and services data in September offset a surprise drop in employment last month. The regional central bank's "Nowcast" model calculated the economy was expanding at an annualized pace of 2.45...

  • A man rides a bicycle past the New York Stock Exchange in New York.

    Discussing the current state of the markets with Randy Anderson, Griffin Capital; Jonathan Corpina, Meridian Equity Partners; and CNBC’s Rick Santelli.

  • SAO PAULO, Oct 5- Brazil's benchmark stock index on Thursday broke above the 78,000- point level for the first time ever, boosted by the outlook for an accelerating economic recovery and low interest rates. Low inflation has also allowed Brazil's central bank to slash interest rates, with traders all but convinced they will fall to record lows this year,...

  • OTTAWA, Oct 5- Canada's trade deficit widened unexpectedly in August as exports fell for the third month in a row, a sign of economic weakness that analysts say could help deter the nation's central bank from raising interest rates this month. Statistics Canada said on Thursday that the deficit expanded to C $3.41 billion, the fifth-largest on record, from a...