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Tag Archives: GDP

Eurozone GDP Grows by 3.7% in Q3

The Eurozone economy grew 2.2% on quarter in the three months to September of 2021, beating 2.0% expected and 2.2% previous, the first estimate showed on Friday. Annually, the eurozone GDP rate expanded by 3.7% in Q3 vs. 14.3% seen in the second quarter of 2021 while beating 3.5% expectations. …

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U.S. wholesale inventories surged in September

U.S. wholesale inventories increased more than expected initially in September, but automobile stocks declined further amid a global semiconductor shortage, which is undercutting motor vehicle production.The Commerce Department said on Wednesday that wholesale inventories increased 1.4%, instead of 1.1% as estimated last month. Stocks at wholesalers rose 1.3% in August. …

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