The Latest Breaking News from GDP

THE UK has plunged further towards financial crisis after it was revealed the economy contracted for the second month in a row in April.

The Office for National Statistics said gross domestic product fell by 0.3% in April, following a fall of 0.1% in March.

Mr. Chidambaram had said that the "goal of a $5 trillion GDP appears to be a case of 'shifting goalposts'"

A closer look at recent data on GDP shows that the numbers are flawed and recovery is incomplete

5.2 per cent GDP shortfall ‘mostly’ down to Britain’s exit from EU, according to top think tank

Pares 2022-23 growth to 7.8%, expects inflation to average 6.9%

Russia's invasion of Ukraine is derailing the global economy's recovery from the Covid-19 pandemic. The Organisation for Economic Cooperation and Development (OECD) is the latest to slash its global GDP growth forecast for 2022, from 4.5 percent projected in December to just 3 percent in its latest outlook. Driving that…

The United Arab Emirates' central bank said on Wednesday it expects real GDP growth to reach 4.2 percent next year, up from its earlier forecast of 3.3 percent. The central bank estimated the non-oil GDP growth to reach 3.9 percent in 2023 compared with previous estimates of 3.3 percent, while…

The army of perennial doomsayers about the financial condition of Social Security had to be a little crestfallen after the release of the program trustees' annual report last week.