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Tag: recession

Risk of recession looms in eurozone as services weaken at Q4 start
Economy

Risk of recession looms in eurozone as services weaken at Q4 start

November 6, 2023November 6, 2023

The downturn in eurozone business exercise picked up tempo final month as demand within the dominant companies trade weakened additional, a survey revealed on Monday,

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German business sentiment points to likelihood of longer recession
Economy

German business sentiment points to likelihood of longer recession

June 26, 2023June 26, 2023

German business morale worsened for the second consecutive month in June, a survey confirmed on Monday, indicating that Europe’s largest economic system faces an uphill

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Recession fears rise as German industrial output slumps
Economy

Recession fears rise as German industrial output slumps

May 8, 2023

Industrial manufacturing in Germany declined greater than anticipated in March, official information confirmed Monday, pushed partly by a heavy fall in automobile manufacturing, spurring once

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Germany dodges recession, but flat growth disappoints
Economy

Germany dodges recession, but flat growth disappoints

April 28, 2023April 28, 2023

Germany narrowly dodged a recession within the first quarter. Still, progress stagnated opposite to expectations for a slight rebound, preliminary information confirmed Friday, because the

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UK economy avoids recession but businesses still wary
Economy

UK economy avoids recession but businesses still wary

March 31, 2023March 31, 2023

Britain’s economic system averted a recession because it grew within the remaining months of 2022, in line with official knowledge which confirmed a lift to

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UK lays out budget, pledges reform to spur stagnating economy
Economy

UK lays out budget, pledges reform to spur stagnating economy

March 15, 2023March 15, 2023

Treasury chief Jeremy Hunt introduced on Wednesday a plan that he hopes will velocity up Britain’s stagnating economic system, together with youngster care and tax

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German economy shrinks more than expected, adds to recession fears
Economy

German economy shrinks more than expected, adds to recession fears

February 24, 2023February 24, 2023

The German financial system shrank greater than anticipated within the final three months of 2022, amid an ongoing vitality disaster and inflation, elevating fears that

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Recession view revived as German economy unexpectedly shrinks in Q4
Economy

Recession view revived as German economy unexpectedly shrinks in Q4

February 7, 2023February 7, 2023

Germany’s financial system unexpectedly shrank within the fourth quarter, in contrast with the earlier three-month interval, official figures confirmed Monday. The knowledge marked a worse-than-expected

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Eurozone economy unexpectedly grows in Q4 but weak 2023 looms
Economy

Eurozone economy unexpectedly grows in Q4 but weak 2023 looms

February 7, 2023February 7, 2023

The eurozone eked out development within the closing three months of 2022, managing to keep away from a recession whilst sky-high power prices, waning confidence

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US economy logs 2.9% growth in Q4 but rolling downturn looms
Economy

US economy logs 2.9% growth in Q4 but rolling downturn looms

January 26, 2023

The U.S. financial system expanded at a faster-than-expected clip within the final quarter of 2022, pushed by a strong tempo of spending, but momentum had

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