Today's News
Norwegian Economy Shrinks Unexpectedly In Q3
1 minute ago
The Norwegian economy contracted unexpectedly in the third quarter due to a substantial slowdown in oil and gas extraction. Planned maintenance on several oil fields reduced oil and gas extraction in the third quarter. Data showed that petroleum activities and ocean transport plunged 10.2%, following a 2.4% drop in the second quarter.
Canadian Inflation Up 2.4% In October
6 minutes ago
Rising prices at the pump helped fuel Canadian inflation last month, as overall consumer prices rose slightly more than economists expected in October, official data revealed Tuesday. Economists were looking for consumer prices to rise 2.2% on an annual basis, following an unrevised 1.9% increase in September.
South Africa's Economic Growth Moderates In Q3
8 minutes ago
South Africa's economic growth slowed unexpectedly in the third quarter led by a fall in manufacturing activity, latest figures showed Tuesday. Growth eased for a second straight quarter. Economic activity in the manufacturing sector declined 5% during the three-month ending September, partly due to lower production in the motor vehicle, parts and accessories and other transport equipment, the statistical office said.
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