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The Latest Breaking News from GDP

China posts sluggish GDP growth in 2023, population declines again

Official data shows GDP was 5.2 percent in 2023, hitting a government target, but recovery looks uneven.

Al Jazeera

China Growth Misses Estimates As Property Crisis, Unemployment Bite

China's fourth-quarter GDP missed estimates on Wednesday as it was battered by a property crisis, sluggish consumption and global uncertainties.

International Business Times

Goldman Sachs predicts 2.3% GDP growth in 2024

Goldman Sachs has revised its GDP growth forecast for the USA in 2024 to 2.3%, indicating positive economic growth.

Top News

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Germany on track for two-year recession as economy shrinks in 2023

‘Multiple crises’ contributed to 0.3% fall in GDP, says national statistics office

The Guardian - UK

The Fiscal Hawks Were Right About Debt and Interest Rates

Rosy fiscal expectations based on eternally low interest rates have proven dangerously wrong.

Reason

UK economy returns to growth amid Black Friday spending lift

GDP rises by 0.3% in November after October decline, with car leasing and video games fuelling bounceback

The Guardian - UK

GDP: Britain's economy grew 0.3% in November but ONS admits 'little growth' overall

Economists had expected growth of 0.2%, but the figures gave little cause for celebration with the risk of an end-of-year recession still on the cards

Evening Standard

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UK ‘still at risk of technical recession’ despite November growth; oil price hits $80 after Yemen airstrikes – as it happened

UK growth rebounded in November, but economists warn that a second quarterly contraction is still a risk

The Guardian - UK

City on watch for Bank of England rate cut after latest lacklustre growth data

UK heads away from recession as economy grows in November but weak expansion adds to pressure on the BOE for action

Evening Standard

Indian tourists’ boycott call post Modi visit to Lakshadweep may impact Maldives | Data

A recent diplomatic row between India and the Maldives, sparked by disparaging remarks made by Maldivian ministers on social media regarding Prime Minister Narendra Modi’s visit to Lakshadweep, led to an uproar on Indian social media. The Maldivian government, distancing itself from the comments, suspended the ministers. Concerns arose about…

The Hindu

Good growth, low demand: On the NSO projection

While the NSO has made bold to project real GDP growth marginally quickening, sectoral output figures and demand data show an economy still searching for durable drivers of consumption-led growth

The Hindu

Mining Investments Crucial for Mongolia's GDP Growth: Finance Minister

Discover the financial ambitions of Mongolia as they strive to attract mining investments to boost their economy and meet their GDP targets.

Top News

Gujarat has set target to become $500 billion economy by 2026-27: CM Patel

Gujarat is set to host the Vibrant Gujarat Global Summit 2024, which will be inaugurated by Prime Minister Narendra Modi on Wednesday.

The Hindu

Brazil's Debt-to-GDP Ratio Climbs to 73.8%

Brazil's economy plays a budget tightrope, with the public sector gross debt reaching 73.8% of GDP in November. Can they dance their way to financial stabi...

Top News

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The Guardian - UK

Starmer downgrades £28bn green investment target to an ‘ambition’

Labour says plan is subject to party’s fiscal rules of keeping debt falling as a percentage of GDP

The Guardian - UK

One year on, is Rishi Sunak fulfilling his five promises to voters?

Prime minister pledged to halve inflation, grow economy, cut national debt, lower NHS waits and ‘stop the boats’

The Guardian - UK

A year on from Sunak’s five pledges, here’s the report card

In today’s newsletter: Guardian experts assess the government’s progress on the prime minister’s key promises

Fortune

The EU economy beats the U.S.'s—if you look at the right data

An economist argues that we're using misleading data for EU vs. U.S. comparisons.

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news in one place.

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The Guardian - AU

Golden zone: could Australia’s economy pull off a miracle in 2024?

Signs suggest inflation and interest rates may fall considerably without killing growth or employment. The government will be desperately hoping so

Top News

Singapore's Q4 GDP Growth Accelerates, Boosts Economic Outlook

Singapore's economy picks up speed in Q4, showcasing its resilience and strength. GDP growth accelerates, paving the way for a promising future.

The Hindu

Year in Review | How India’s economic indicators fared in 2023

2023 saw India's GDP grow at a higher-than-expected rate, with inflation & unemployment rates varying, and repo rate remaining unchanged.

Top News

Russia's Economy Contracts by 1.2% in 2022, Surpassing Expectations

Russia's economy waltzes to its own beat, shrinking by just 1.2% in 2022, defying gloomy forecasts. The stats service takes center stage with new numbers.

The Guardian - UK

Five charts explaining the UK’s economic prospects in 2024

As we enter an election year, how will the effects of inflation, weak GDP growth, unemployment, tax cuts and rising housing costs sway voters’ intentions?

Al Jazeera

The global economy in 2024: Key clues to watch out for

US interest rates, oil prices and the Chinese economy will determine the global economy next year.

The Hindu

The quest for ‘happiness’ in the Viksit Bharat odyssey

Happiness measures have already become the goals of public policy in many countries

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People

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