European Economic Growth Probably Slowed in Third Quarter on Crude Prices
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Economic growth in the 12 nations sharing the euro probably slowed in the third quarter as record oil prices crimped global demand and rising unemployment weighed on consumer spending, a survey of economists ...
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PARIS : Eurozone indicators to be released in the coming week should confirm that the pace of economic growth slowed in the third quarter, economists say.
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Most European stock markets followed  Wall Street lower Wednesday as crude oil's slide to three-month  lows hit heavily weighted oil shares, although a recovering  dollar was a plus for the region's exporters.
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The Conference Board reported Thursday that the Leading Economic Index fell for a third consecutive month in August, suggesting slower economic growth ahead amid rising oil prices.
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LONDON, November 11  - Germany witnessed a slowdown in its economic growth momentum during the third quarter this year, with the nation&#39;s GDP growth rate declining to 0.1% from the relatively robust growth rate of 0.4% in the first two
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US News, CHICAGO - US economic growth is expected to slow in 2005 due to rising interest rates and high crude oil prices, according to a forecast of participants at a Federal Reserve Bank of Chicago conference released on Monday.
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BRUSSELS Inflation in the 12 countries sharing the euro slowed for a second month in July as faltering consumer demand deterred companies from passing on rising energy costs. But economists said higher oil prices may fuel a reversal of that trend as the ...
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A report released in Brussels on Friday showed a slowdown of economic growth in the 12-nation eurozone due to record high oil prices and the euro&#39;s sharp rise against the US dollar.
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European stocks slipped and the dollar  was soft on Friday as the rise in crude oil prices toward $50 a  barrel raised the prospect of slower economic growth, which  supported bond prices.
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European stocks slipped and the dollar  softened on Friday as the rise in crude oil prices toward $50 a  barrel raised the prospect of slower economic growth, which  supported bond prices.
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SYDNEY (Dow Jones)--Australian economic growth slowed sharply in the third quarter, hurt by a sluggish export sector with some offset coming from still buoyant domestic demand.
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Germany's economic recovery will slow in 2005 as high oil prices and the strong euro threaten Europe's largest economy, the government's council of economic advisers said Wednesday.
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The European economy slowed significantly in the second quarter as spending lagged, official reports showed on Tuesday, and economists expected growth in the region to be soft into early next year as consumers ...
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Europe's fragile recovery is being held back by the surge in world oil prices, which is limiting growth and threatening to stop key eurozone economies from restoring order to their public finances, analysts say.
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Escalating fears the fallout from the US housing slowdown would spill over into Europe dragged Europe's indices lower on Monday, as central bankers said higher oil costs and the rising cost of credit would also weigh on growth.
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Britain's industrial sector appears to have been a bigger drag on overall economic growth in the third quarter than was first assumed.
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The European Union reported lower-than-expected third-quarter growth for the euro zone Monday, but said the economy remained on track to expand by 2 percent over the year.