Business news from Ukraine

Business news from Ukraine

Trump is winning – official results

US presidential candidate from the Republican Party Donald Trump has already received 277 electoral votes out of the 270 needed to win, while Democratic candidate Kamala Harris has received 226 votes, FoxNews reports.
CNN, for its part, predicts Trump’s victory in Pennsylvania, which will provide him with the necessary 270 electoral votes. “Former President Donald Trump will win the key swing state of Pennsylvania, CNN predicts. There are 19 electoral votes at stake in Pennsylvania,” the report said.

Trump declares himself winner of presidential election

US Republican presidential candidate Donald Trump has declared himself the winner of the election, speaking to supporters and voters in Palm Beach, Florida.
“This is a political victory like our country has never seen before. I want to thank the American people for this honor of being elected your 47th president and your 45th president,” Trump said.

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Republican Party has won US Senate elections

The Republican Party has won the US Senate elections, taking 51 seats out of 100, while the Democratic Party took 42 seats, the Associated Press reports.
“The Republicans have gained control of the US Senate, taking back the chamber for the first time in four years. This gives the GOP a large center of power in Washington and a leading role in approving the next president’s Cabinet, as well as any Supreme Court justice if a vacancy occurs,” the report said.
Seven other senatorial candidates have not yet been named.
Also, the Republican Party is leading in the House of Representatives elections and has already taken 187 seats out of 435, while the Democratic Party has 163 seats. Another 85 winners will be announced later.

Consumer prices in euro area increased by 2% in October

Consumer prices in the euro area increased by 2% year-on-year in October, according to a report by the European Union’s statistical office, which presented preliminary data. Thus, inflation accelerated compared to September, when it was 1.7%.

The consensus forecast of analysts, as cited by Trading Economics, predicted an increase in consumer price growth in October to 1.9%.

According to preliminary data, the increase in the cost of services this month amounted to 3.9%, the same as in September, the growth in prices for food, alcohol and tobacco products accelerated to 2.9% from 2.4%. Industrial products went up by 0.5% in October (+0.4% in September), while energy prices fell by 4.6% (-6.1% in September).

Consumer prices excluding food and energy (CPI Core) increased by 2.7%, the same as a month earlier. Experts had expected a slowdown to 2.6%.

Consumer prices in the euro area in October rose by 0.3% compared to the previous month. In September, they declined by 0.1% in monthly terms.

Source: http://relocation.com.ua/spozhyvchi-tsiny-v-ievrozoni-v-zhovtni-zbilshylysia-na-2/

Unemployment in eurozone in September amounted to lowest ever recorded 6.3%.

Unemployment in the euro area in September amounted to the lowest ever recorded at 6.3%, according to the European Union Statistical Office. The August figure was revised from 6.4% to 6.3%. According to Trading Economics, analysts had expected unemployment last month to be 6.4%.

In September 2023, unemployment in the euro area was at 6.6%.

The number of unemployed in the region last month increased by 13 thousand compared to August, to 10.884 million. Youth unemployment (population under 25) rose to 14.4% from a revised 14.3% a month earlier.

The lowest unemployment rate among the largest eurozone countries was recorded in Germany (3.5%, the same as a month earlier), and the highest in Spain (11.2%, down 0.1 percentage point). In France, the unemployment rate increased by 0.1 percentage points to 7.6% in September, while in Italy it remained unchanged at 6.1%. Overall, in the European Union, unemployment last month amounted to 5.9%, the same as in August.

Source: http://relocation.com.ua/bezrobittia-v-ievrozoni-u-veresni-stanovylo-minimalni-za-vsiu-istoriiu-pidrakhunkiv-6-3/