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UK economy beats expectations in July with 0.4% growth
3+ day, 9+ hour ago (307+ words) LONDON, Sept 11 (Reuters) – Britain’s economy grew by a much stronger than expected 0.4% in July, extending the strong performance seen in the first half of the year despite headwinds from the U.S.-Iran war, figures from the Office for National…...
French economy set for only 0.4% growth this year, says INSEE
4+ day, 39+ min ago (365+ words) PARIS, Sept 10 (Reuters) – The French economy will grow markedly less this year than the government has anticipated as declining purchasing power weighs on consumer spending and firms rein in investment, the national statistics office forecast on Thursday, cutting its outlook....
Fitch eyes Japan budget for balance between growth and fiscal discipline
4+ day, 11+ hour ago (374+ words) TOKYO, Sept 10 (Reuters) – Fitch Ratings will scrutinise Japan’s budget for the next fiscal year for clues on whether Prime Minister Sanae Takaichi can balance her growth-focused spending agenda with fiscal discipline, a senior analyst said. “We need to look at…...
UK sells 30-year debt at record yield, showing pressure on public finances
6+ day, 3+ hour ago (522+ words) LONDON, Sept 8 (Reuters) – Britain sold £4.25 billion ($5.75 billion) of 30-year bonds on Tuesday with the highest yield since comparable records began in 1998, as rising global borrowing costs cast a shadow over new finance minister John Healey’s plans for his first budget....
South Africa’s second quarter GDP contracts 0.2% q/q
6+ day, 6+ hour ago (140+ words) PRETORIA, Sept 8 (Reuters) - South Africa's economy contracted 0.2% in the second quarter of 2026 in seasonally adjusted quarter-on-quarter terms, statistics agency data showed on Tuesday. Economists polled by Reuters had forecast that gross do... PRETORIA, Sept 8 (Reuters) â South Africaâs economy…...
Japan revises Q2 GDP up to annualised 1.4% expansion
6+ day, 15+ hour ago (362+ words) TOKYO, Sept 8 (Reuters) – Japan’s economy grew faster than initially estimated in the April-June quarter from the previous three months, supported by capital expenditures which were less weak than initially estimated, revised data showed on Tuesday. The figure released by the…...
Another rate hike, just for insurance: Five questions for the ECB
1+ week, 11+ hour ago (687+ words) By Dhara Ranasinghe and Stefano Rebaudo LONDON, Sept 7 (Reuters) – The European Central Bank is widely expected to hike interest rates on Thursday, erring on the side of caution as the U.S.-Iran war drags on, keeping oil prices high and…...
Bank of England’s Bailey sees long-term pressures driving up government debt
1+ week, 3+ day ago (227+ words) LONDON, Sept 4 (Reuters) – Bank of England Governor Andrew Bailey said on Friday that weak productivity and shocks such as COVID-19 were behind a climb in public debt across advanced economies, which in turn was pushing up borrowing costs. “There are…...
US second-quarter productivity growth unrevised
1+ week, 4+ day ago (155+ words) WASHINGTON, Sept 3 (Reuters) – U.S. worker productivity growth picked up in the second quarter, the government confirmed on Thursday, helping to keep labor costs in check. Nonfarm productivity, which measures hourly output per worker, increased at an unrevised 1.4% annualized rate last…...
Explainer-Why India’s strong GDP growth is raising eyebrows
1+ week, 4+ day ago (628+ words) NEW DELHI, Sept 3 (Reuters) – India’s unexpectedly strong economic growth has sparked a debate after an ex-bureaucrat and a former central bank chief questioned whether the expansion was overstated and the government defended its numbers. The world’s fifth-biggest economy grew 7.8% in…...