Tag Archives: ECI

Financial institution of Spain cuts 2023 progress forecast to 1.4%, lifts 2022 forecast

MADRID, Oct 5 (Reuters) – The Financial institution of Spain on Wednesday considerably lower its GDP progress forecast for subsequent yr as a result of impression of upper power costs in Europe and decrease shopper spending. It mentioned it anticipated gross home product to develop 1.4% in 2023, down from a beforehand anticipated progress charge of two.8%, in… Read More »

Thai central financial institution hikes charge once more, retains 2022 development outlook

Key charge hiked by 25 bps Maintains 2022 GDP development outlook of three.3% seen earlier Cuts 2023 GDP development forecast to three.8% from 4.2% earlier BOT: Prepared to regulate measurement, timing of coverage normalisation Raises 2022 forecasts for exports, tourism BANGKOK, Sept 28 (Reuters) – Thailand’s central financial institution raised its key rate of interest modestly for a… Read More »

Saudi NEOM’s tech unit rebrands, invests $1 bln in 2022 -CEO

Saudi Crown Prince Mohammed Bin Salman proclaims a zero-carbon metropolis known as “The Line” to be constructed at NEOM in northwestern Saudi Arabia, January 10, 2021. Bandar Algaloud/Courtesy of Saudi Royal Courtroom/Handout by way of REUTERS/File Photograph Register now for FREE limitless entry to Reuters.com Register RIYADH, Sept 27 (Reuters) – NEOM Tech & Digital, a subsidiary of… Read More »

China’s 2022 property sector outlook worsens, house costs seen falling

Surveillance cameras are seen close to residential buildings underneath development in Shanghai, China July 20, 2022. REUTERS/Aly Tune Register now for FREE limitless entry to Reuters.com Register ballot information House gross sales seen falling at quicker clip in 2022 House costs seen easing this 12 months House costs seen rising, gross sales falling in H1 2023 BEIJING, Sept… Read More »

Irish finances surplus could attain 2% of nationwide revenue in 2022-watchdog

Basic view of the Grand Canal Docks space of Dublin, Eire, February 11, 2022. REUTERS/Clodagh Kilcoyne Register now for FREE limitless entry to Reuters.com Register DUBLIN, Aug 31 (Reuters) – Eire’s finances surplus may attain 2% of gross nationwide revenue this yr, the nation’s fiscal watchdog mentioned on Wednesday, considerably forward of the 0.5% the finance ministry forecast… Read More »