Definition: In this task, a passage will be given and the goal is to identify an event from the passage. An event is defined as a single word representing something that happened, is happening, or may happen. An event can be factual or hypothetical, positive or negative, certain or uncertain. While most events are based on verbs, an event can also be based on a noun (ex. storm, snow, rainfall) or a copula verb (is, was, been, etc.). The event must not be a pronoun or an adjective. For noun events with multiple words, use the last word in the phrase as event.
Input: Passage: Swiss economic growth accelerated during the third quarter to reach 2.3 percent over the figure for the equivalent period last year, amid strong consumer spending, according to official data. SNB chairman Jean-Pierre Roth had signalled on November 2 that a rate rize was on the cards for the end of the year, despite some concerns about the potential longer term impact of higher oil prices on economic growth.

spending