The Latest Breaking News from GDP

New GDP report shows an economic turnaround, but don't be fooled

Thursday's GDP report shows the U.S. economy grew at an annual rate of 2.6% in July, August and September, after shrinking in the first half of the year.

WEKU · Oct 27, 2022

Nato ally Estonia urges Rishi Sunak to increase UK defence spending

Mr Sunak has not matched a pledge by his predecessor Liz Truss to boost defence spending from 2% to 3% of GDP by 2030.

The Independent UK · Oct 27, 2022

Alan Kohler: Jim Chalmers delivers a responsible budget, with no repair and no relief

The last time a new government brought down its first budget, in 2014, it was a disaster for all concerned.

The New Daily · Oct 25, 2022

‘The beginning of something new’: how the 2022-23 budget does things differently

Treasurer Jim Chalmers told reporters on Tuesday his first budget was “the beginning of something new and responsible”.

The Conversation · Oct 25, 2022

China Q3 GDP growth rebounds at faster pace but risks loom

BEIJING: China's economy rebounded at a faster-than-expected pace in the third quarter, but strict Covid curbs, a deepening property crisis and global recession risks are challenging Beijing's efforts to foster a robust revival over the next year.

Bangkok Post · Oct 24, 2022

Petrol price spike looms for motorists

Some retailers are already charging more than $2 a litre as cities move into the first new fuel cycle since petrol tax relief expired.

AAP · Oct 23, 2022

Australia floods to dent Dec-qtr GDP, spur inflation - Treasurer

Widespread floods that have inundated large parts of Australia's southeast will dent the country's economic growth and increase inflation, Treasurer Jim Chalmers said on Friday, ahead of next week's federal budget.

Reuters · Oct 21, 2022

Sex work and drug dealing boost GDP – not volunteering – says ex-Whitehall boss

Gus O’Donnell said maximising the economic measure is ‘really, really stupid’ and ‘not something any grown up wants to do’.

The Independent UK · Oct 20, 2022

TAT prepares new phase of subsidies

The new phase of the domestic tourism subsidy programme is being drafted with an additional 3-4 million hotel rooms, double the number in the fourth phase, which is scheduled to end this month, as the government aims to push GDP growth to 3.3% this year.

Bangkok Post · Oct 19, 2022

An Asean country might be near a crisis

I am talking about an imaginary country which is a member of Asean. This country may or may not exist. To avoid unnecessary negative repercussions, this country shall remain nameless and be referred to as country "N" with its currency "D". This country is the star of Asean with a…

Bangkok Post · Oct 19, 2022