Monthly archive October, 2023

Inflation and quarterly national accounts from the euro area are the top economic news due on Tuesday, headlining a hectic day for the European economic news. At 2.30 am ET, France's statistical office INSEE publishes GDP and consumer spending data. Read More →

The UK mortgage approvals declined to an eight-month low in September as rising interest rates damped housing market activity, data from the Bank of England showed Monday. Furthermore, data on credit to businesses and consumers suggested that the economy is Read More →

The Bank of Russia raised its benchmark rate by a bigger-than-expected 200 basis points on Friday as inflationary pressures moved significantly above expectations. The board of directors headed by Elvira Nabiullina decided to lift the key rate to 15.00 percent Read More →

Spain's economy grew more than expected in the third quarter on household spending, advance estimate from the statistical office INE showed Friday. Gross domestic product expanded 0.3 percent sequentially, following second quarter's revised 0.4 percent expansion. The growth rate was Read More →

The Commerce Department on Friday released its monthly report on personal income and spending, which includes readings on inflation said to be preferred by the Federal Reserve. The annual rate of consumer price growth was unchanged at 3.4 percent, while Read More →

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by slightly less than previously estimated in the month of October. The report said the consumer sentiment index for October was upwardly revised Read More →