MNI China Daily Summary: Friday, December 13

MNI BRIEF: PBOC To Curb Any Yuan Overshot : PBOC Zou

MNI: GERMANY OCT EXPORTS -2.8% M/M (VS FCST -2.6%)

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MNI: PBOC Sets Yuan Parity Higher At 7.1876 Fri; -1.22% Y/Y

MNI: EUROZONE OCT IP +0% M/M, -1.2% Y/Y

MNI: SPAIN NOV HICP +0% M/M, +2.4% Y/Y

MNI: FRANCE NOV HICP -0.1% M/M, +1.7% Y/Y

MNI EXCLUSIVE: EU-Mercosur Deal Close, But Likely Short-Lived - Officials

AUSTRALIA: 2025 Election Outcome Looking More Uncertain According To Newspoll

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MNI DATA BRIEF: US Q4 Final GDP Beats Expectations

MNI (Washington)
WASHINGTON (MNI)

The third and final estimate of U.S. Q4 GDP came in higher than expected, increasing by an annualized 4.3%, above markets expectations of a gain of 4.1%, which would have been unchanged from the Bureau of Economic Analysis' second estimate.

The upward revision to headline GDP mainly reflected upward revisions to private inventory investment and local government spending, the BEA said Thursday, though that was partially offset by a downward revision to nonresidential fixed investment and consumer spending. The third estimate was also based on a more "complete" dataset than the second estimate, the BEA said.

Meanwhile, the Q4 GDP price index fell by a tenth to 2% from 2.1% in the second estimate. Q4 PCE also fell by one tenth from the second estimate to 2.3%.

MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
USDataPolicy NewsBriefStoryRegionNorth America
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MNI Washington Bureau | +1 202-371-2121 | brooke.migdon@marketnews.com
USDataPolicy NewsBriefStoryRegionNorth America
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