MNI China Daily Summary: Thursday, September 26

MNI BRIEF: China GDP Growth Likely 4.8% In Q3 - BOC

MNI: GERMAN OCTOBER GFK CONSUMER CLIMATE -21.2

MNI: PBOC Net Drains CNY231.6 Bln via OMO Thursday

MNI: PBOC Sets Yuan Parity Higher At 7.0354 Thurs; +3.96% Y/Y

CHINA PBOC CONDUCTS CNY292 BLN VIA 14-DAY REVERSE REPOS THURS

EZ/UK Bond Supply Calendar: 5/5/10-Year BTPs / CCTeu Due Friday

US EIA: CRUDE OIL STOCKS EX SPR -4.47M TO 413.0M SEP 20 WK

MNI: US AUG NEW HOME SALES -4.7% TO 0.716M SAAR

CANADA: Politics Week: Parliament Opens With Early Election Threats

AUSTRALIA: Albanese Lines Up Budget for May Election

AUSTRALIA: Albanese Lines Up Budget for May Election

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

MNI BRIEF: ISTAT Growth Revisions Boost Italy Budget Plans

Italy growth, deficit revisions aid Rome's budger planning and message for 2025.
BundesbankCentral Bank NewsPolicy NewsHomepageStoryCEEMEAEurozoneGermanyBriefGlobalEuropean Central BankRegion
MNI (ROME)

Italy's national statistics institute, Istat, has revised up its overall national growth numbers for the period 2021 to 2023, helping push the 2023 public deficit down from 7.4% to 7.2% of GDP, boosting Rome's upcoming budget plans by freeing up around EUR 3 billion in fiscal space for 2025.

This adjustment follows a broader revision of the country’s growth, deficit, and debt-to-GDP ratios, Istat said Monday. Growth was higher in both 2021 and 2022, but modestly lower in 2023. The updated data had been eagerly awaited by the Italian government ahead of submitting its adjustment plan to Brussels (see MNI: Italy To Hand In Debt Plan On Time, May Adjust-Sources )

 
ReplyForward
Keep reading...Show less
156 words

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.
MNI (ROME)

Italy's national statistics institute, Istat, has revised up its overall national growth numbers for the period 2021 to 2023, helping push the 2023 public deficit down from 7.4% to 7.2% of GDP, boosting Rome's upcoming budget plans by freeing up around EUR 3 billion in fiscal space for 2025.

This adjustment follows a broader revision of the country’s growth, deficit, and debt-to-GDP ratios, Istat said Monday. Growth was higher in both 2021 and 2022, but modestly lower in 2023. The updated data had been eagerly awaited by the Italian government ahead of submitting its adjustment plan to Brussels (see MNI: Italy To Hand In Debt Plan On Time, May Adjust-Sources )

 
ReplyForward
Keep reading...Show less