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The Latest Breaking News from GDP

Russia's central bank reveals GDP is shrinking, in a sign Putin's war economy has slipped into recession

A chart in a central bank report showed GDP shrank on a sequential basis in the first and second quarters, meeting the definition of a technical recession.

Fortune

Trump's Immigration Policies Could 'Shrink' GDP Growth As US Population Projected To Decline, Warns CBO

The U.S. population growth is expected to decline at a faster rate than previously projected due to President Donald Trump’s immigration policies, according to the Congressional Budget Office.

Benzinga

Unemployment, inflation and GDP growth will be worse this year than projected, budget office says

The Congressional Budget Office has released new economic projections, indicating that unemployment, inflation and overall growth will worsen in 2025 before improving over the next year

The Independent UK

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Stagnant GDP shows scale of challenge for Rachel Reeves at autumn budget

Chancellor calls economy ‘stuck, not broken’ but there are signs her policies have added to the UK’s economic headwinds

The Guardian - UK

UK economy flatlines in July in grim news for Rachel Reeves

Official GDP figures confirm widely expected slowdown after strong expansion in first half of the year

The Guardian - UK

Pound dips after UK economy doesn’t grow in July; Ocado shares slide 20% amid robotic warehouses demand fears – as it happened

Economy “does feel stuck”, says Treasury spokesperson, after UK GDP is unchanged in July

The Guardian - UK

Congressional Budget Office says Trump's immigration crackdown will shrink U.S. population faster than expected, a threat to inflation and GDP growth

Economists have warned the president’s immigration policies could drive a labor shortage threatening to shrink U.S. GDP growth and amplify inflation.

Fortune

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Unleashed City can lead the UK's escape from low growth despair

Gilt yields are higher than they were under Liz Truss’s regime.

Evening Standard

Here's What Would Happen If We Seized All the Wealth From America's 800 Billionaires

Don't comfort yourself with wishful thinking that millionaires and billionaires could take the entire burden of the deficit off our hands.

Reason

Japan confirms Q2 GDP to be 2.2% despite US tariffs, hours after PM resigns

Japan’s economy expanded at a stronger rate in the fiscal first quarter than previously estimated. The data was published hours after Prime Minister Shigeru Ishiba announced his long-awaited resignation following his party's defeat in the summer elections.

Euronews

Trump makes imprecise claims about NATO allies’ defence spending in Nawrocki meeting

In his meeting with the recently-inaugurated Polish president, Trump claimed Poland had been among just two countries hitting NATO’s 2% spending target.

Euronews

Rapid climate action will come at a cost, according to the Business Council. But experts say the benefits are far larger

This month, the Australian government will release its emissions-reduction target for 2035, likely to be between 65% and 75%. A 70% cut would mean reducing Australia’s emissions from about 440 million tonnes of carbon dioxide equivalent down to 132 million tonnes.

The Conversation

Real household income per capita in Europe: Which countries have the highest increase and decline?

Euronews Business examines how real household income per capita and real GDP per capita changed in the first quarter of 2025.

Euronews

Growth figures, business data to dominate forecasts

Unexpected economic growth will be closely watched for any hints of a cut to interest rates, ahead of key business and consumer confidence numbers

AAP

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Benzinga

Cathie Wood Says Inflation Could Fall To 'Zero Or Even Negative' As AI Boom And Trump's Policies Could Push GDP Growth To 7%

On Friday, ARK Invest CEO Cathie Wood said that artificial intelligence and other breakthrough technologies are about to unleash a historic productivity boom that could drive U.S. inflation down to “zero or even negative” levels.

Euronews

Political instability in France: What are the potential consequences for the EU?

The possible fall of the government could weaken France on the European stage.

Evening Standard

OPINION - If Britain won’t invest in itself, why should the rest of the world?

Britain’s GDP grew by just 0.3 per cent between April and June, down from 0.7 per cent the previous quarter. We’re told this is “better than expected”. Really? Is that the best we can do — celebrate mediocrity?

Euronews

Defence spending: Which EU countries are on course to hit NATO's 5% of GDP target?

Eastern and central European countries are ramping up investments faster, but the EDA warns that without more EU collaboration, more money alone won't be enough.

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The Conversation

French national debt under presidents Chirac, Sarkozy, Hollande and Macron: a look at the numbers

French national debt has grown steadily over the last 30 years. It is the sum of all public deficits accumulated since the mid-1970s. To compare the amount of national debt to the government’s financing capacity, it is expressed as a percentage of gross domestic product (GDP) – debt-to-GDP ratio – which…

Euronews

Political instability in France: How does it impact the economy and investments?

Economic risks are emerging in France while political instability looms, as the third government is in danger of falling in little over a year. Further attempts to tackle the country’s enormous debt could be choked until after the next presidential election in 2027.

Euronews

Czech Republic approves €1.4bn purchase of 44 Leopard tanks from Germany

The move comes just months after the NATO member announced that its military spending would increase to 3% of GDP by the end of the decade.

Benzinga

Scott Bessent Says Trump Tariffs Delivering 'Historic Results,' GDP Growth Could Hit 5% — Justin Wolfers Hits Back: 'Ask American Manufacturers'

Treasury Secretary Scott Bessent is doubling down on the potential economic upsides of the tariffs, predicting massive revenue growth for the U.S. Government, alongside a boost to the domestic economy.

AAP

Consumer boom drives surprise jump in economic growth

Australia's economy surpassed expectations in the last financial year, taking some urgency out of the Reserve Bank's plans to cut interest rates.

Euronews

The Ozempic effect: From shopping baskets to dips in Danish GDP

As GLP-1 use spreads, grocers and restaurants see lighter baskets, airlines predict fuel savings and health systems eye lower costs—while Denmark sees a clipped GDP.

AAP

Fax machine to AI: urgent call to modernise health care

Health and aged care spending is projected to exceed 10 per cent of Australia's GDP by 2062, risking poorer service quality and burdening young workers.

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