Economic Reports GDP

  • Athens

    The high level of bad loans in Greece is still the biggest issue that the embattled economy needs to focus on, the head of Piraeus Bank told CNBC Monday.

  • German Chancellor Angela Merkel

    With the Brexit deadline fast approaching, there's a growing belief that the U.K.'s exit from the EU could galvanize calls for a European army.

  • NATO Secretary-General Jens Stoltenberg talks to the media as he arrives at an European Union leaders summit in Brussels, Belgium, June 28, 2018.

    NATO Secretary General Jens Stoltenberg told CNBC that President Donald Trump's rhetoric on defense spending is having an "important" impact on the military alliance.

  • Poor retail sales number impacts Q4 GDP estimate

    December retail sales were the lowest in nine years. Economists thought the data was suspect as they've never seen a drop like this before. CNBC's Steve Liesman joins 'Fast Money Halftime Report' to discuss how it's impacting estimates for the fourth quarter GDP.

  • The largest drop in U.S. retail sales in almost a decade hit stocks in Europe, with Warsaw's bluechip index dropping to a one-month low as it shed about 1 percent by 1445 GMT. Budapest's index fell almost half a percent and danced around the 40,000- point line, even though Hungary reported a pick-up in economic output growth to an annual 5 percent in the last quarter...

  • BERLIN, Feb 14- The German economy stalled in the final quarter of last year, narrowly escaping recession, as the fallout from global trade disputes and Brexit threatened to derail a decade-long expansion in Europe's economic powerhouse. Gross domestic product in Europe's biggest economy was unchanged for the quarter, the Federal Statistics Office said on...

  • Consumption is the 'silver lining' in Japan's GDP

    Kazuo Momma of Mizuho Research Institute says there is a "delicate balance" between resilient domestic demand and weakening foreign demand.

  • The Bank of Japan 'won't do much': Economist

    Martin Schulz of Fujitsu Research Institute says exports and industrial production are going to be "very important" for the Japanese economy in 2019.

  • TOKYO, Feb 14- Japan's economy rose at an annualized rate of 1.4 percent in October-December, government data showed on Thursday, as consumer spending and capital expenditure rebounded from natural disasters that disrupted corporate activity. The preliminary reading for fourth-quarter gross domestic product matched the median estimate in a Reuters poll...

  • Sir Richard Branson.

    Billionaires at elite investor and "thought-leader" summits like the Milken Summit and Switzerland's Davos are divided on how to respond to the rising populism triggered by wealth inequality.

  • TAIPEI, Feb 13- Taiwan's government slightly lowered its 2019 economic growth forecast to 2.27 percent from 2.41 percent amid global trade tensions and weaker tech demand that's denting the island's exports. Fourth-quarter growth in 2018 was marginally raised to 1.78 percent from 1.76 percent, putting full-year 2018 GDP at 2.63 percent instead of the...

  • China's GDP could fall by one percent if tariffs rise: Investor

    Ken Wong of Eastspring Investments says China will do "everything in its powers" to come to an agreement with the U.S. in order to avoid the "very big" economic risks that will come with higher tariffs.

  • *Russia's 2018 GDP grows 2.3 percent, beating expectations. MOSCOW, Feb 12- Russia's economic growth climbed to a six-year high in 2018, but the growth was fueled by one-off factors that mean the goals set by President Vladimir Putin won't be achieved without an increase in household incomes, economists said. New data published this month by Russia's Federal...

  • *Russia's 2018 GDP grows 2.3 percent, beating expectations. MOSCOW, Feb 12- Russia's economic growth climbed to a six-year high in 2018, but the growth was fuelled by one-off factors that mean the goals set by President Vladimir Putin won't be achieved without an increase in household incomes, economists said. New data published this month by Russia's Federal...

  • BERN, Feb 11- Britain's economic slowdown should not be blamed entirely on Brexit, British Trade Minister Liam Fox said on Monday after data showed the economy last year grew at its slowest since 2012.. "Clearly there are those who believe that Brexit is the only economic factor applying to the UK economy. I think you'll find that the predicted slowdown in a number...

  • BREXIT: GENEVA- BRITISH TRADE MINISTER LIAM FOX SAYS THE IDEA THAT BREXIT IS THE ONLY FACTOR IN GDP SLOWDOWN IS TO MISS THE POINT, CHINA IS AFFECTING GLOBAL GROWTH.

  • LONDON, Feb 11- Sterling extended its fall on Monday after data showed that Britain's economy last year grew at its slowest since 2012, with Brexit uncertainty hitting investment. The quarterly GDP numbers followed other data in recent weeks that paint a picture of a UK economy slowing into 2019 as businesses and consumers grow increasingly nervous about...

  • A truck moves a shipping container at Qingdao Port on January 14, 2019 in Qingdao, Shandong Province of China.

    European stocks closed higher on Monday, with market participants looking ahead to a fresh round of U.S.-China trade talks this week.

  • CAIRO, Feb 5- Egypt is targeting gross domestic product growth of 5.6 percent in the fiscal year ending June, Finance Minister Mohamed Maait said on Tuesday, slightly lower than its previous target of 5.8 percent. Maait said the government will target GDP growth of 6 percent in the 2019-2020 financial year. The country's GDP grew at an annual rate of 5.5 percent in...

  • India's budget is 'optimistic' on revenues: Professor

    Eswar Prasad of Cornell University says it is "fairly clear" that high-wage jobs, which are necessary to sustain India's growth momentum, are lacking in the country. He also discusses the consolidated deficit of state governments in the country.