Thu, Jan 25, 2024
The Bank of Korea hinted this month that it may pivot towards monetary easing along with its global peers, as the central bank held interest rates steady for an eighth meeting.
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Wed, Jan 10, 2024
India, with a GDP of roughly USD 3.4 trillion, is currently the fifth largest economy in the world, after the US, China, Japan and Germany.
Sun, Jan 07, 2024
Discrepancies in the statistical GDP data refer to the difference in national income under production method and expenditure method.
Tue, Dec 19, 2023
The financial sector experienced its strongest performance in years, demonstrating resilience in the face of global financial stress.
Sun, Dec 17, 2023
Rajan said the GDP growth in India for the past two quarters was in the region of 7.5 per cent and if one looks at the labour force participation, it is very low and when it comes to female participation, “it is the lowest in the G20”.
Thu, Dec 14, 2023
Logistics costs are now comparable to many Western economies, and the government is aiming to further improve infrastructure through higher state and private investments, said Rajesh Kumar Singh, Secretary, Department for Promotion of Industry and Internal Trade (DPIIT).
Wed, Dec 13, 2023
The figure was compared to the NZ$31.1 billion deficit reported in the year ended September 30, 2022 when the deficit was 8.3 per cent of GDP, reports Xinhua news agency.
Sun, Dec 10, 2023
The Indian market achieved an all-time high, driven by robust domestic GDP growth.
Congress General Secretary Jairam Ramesh in a post on X said, "The Prime Minister and Finance Minister are repeatedly talking up the 'transformative GDP growth in India' based on the recent numbers for July-September 2023.
Tue, Dec 05, 2023
While the economy is seen on track to hit the government's annual growth target of around 5% this year, Moody's expects China's annual economic growth to slow to an average 3.8 per cent from 2026 to 2030.
Japan's economy is facing headwinds, with high inflation taking a toll on household spending and slowing global demand, including in China, adding pressure on manufacturers.
Thu, Nov 30, 2023
The U.S. economy grew faster than initially thought in the third quarter as businesses built more warehouses and accumulated machinery equipment, but momentum appears to have since waned as higher borrowing costs curb hiring and spending.
Tue, Nov 28, 2023
As per the forecasts, the consumer staples and software sectors are set to post earnings growth of 40 per cent and 30 per cent, respectively.
Wed, Nov 15, 2023
Consumption was flat in July-September after sliding 0.9 per cent in the previous quarter, falling short of economists' median estimate for 0.2 per cent growth.
Tue, Nov 07, 2023
The upward revision followed a decision by China to approve a 1 trillion yuan ($137 billion) sovereign bond issue and allow local governments to frontload part of their 2024 bond quotas, in a move to support the economy.
Tue, Oct 31, 2023
South Korea's potential growth rate - the maximum economic growth that can be achieved without triggering inflationary pressure - is estimated to be around 2 per cent, policymakers have said.
Wed, Oct 18, 2023
On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter and above the forecast for growth of 1.0 per cent.
On a quarter-by-quarter basis, GDP grew 1.3 per cent in the third quarter, accelerating from a revised 0.5 per cent in the second quarter, and the rate was above the forecast for growth of 1.0 per cent.
Thu, Sep 28, 2023
GDP is expected to shrink by 0.4 per cent in the third quarter, following stagnation in the second quarter.
Wed, Sep 06, 2023
According to ABS data, services exports rose by 12.1 per cent in the June quarter as the number of international students and tourists arriving in Australia continued to recover from the Covid-19 pandemic.
Wednesday's GDP report did show productivity remained a concern, with one productivity measure of GDP per hour worked falling by a sharp 2 per cent, the third straight quarter of declines.
Tue, Sep 05, 2023
The Reserve Bank of Australia (RBA) lifted interest rates to a decade-high of 4.1 per cent in June in an effort to restrain inflation.
Thu, Aug 31, 2023
GDP Growth: GDP growth figures remained as expected, year-on-year decline, but quarter-on-quarter growth increased from 6.1% to 7.8%, see Aditi Nair, Chief Economist, ICRA's special conversation
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