The Latest Breaking News from GDP

Barbenheimer blockbusters save economy from even worse GDP dive

The sports activities and amusement, recreation activities sector surged 12.4% in the month as the rest of the economy lagged behind

Evening Standard · Sep 13, 2023

UK economy shrinks by 0.5% in July amid wet weather and strikes

Manufacturing, services and construction sectors contract for first time since summer of 2022

The Guardian - UK · Sep 13, 2023

Four charged with fraud over Patisserie Valerie collapse; UK GDP shrinks 0.5% in July – as it happened

All three main sectors of the economy in decline after strikes by doctors, radiographers and teachers, while construction and retail hit by wet weather

The Guardian - UK · Sep 13, 2023

The UK economy's COVID bounceback was stronger than we thought – but here's why people are still feeling financial pain

The UK has been transformed from the laggard of developed economy COVID recoveries, after a recent data revision by the Office for National Statistics (ONS) showed its growth was stronger than previously thought after the pandemic-era lockdowns. The country’s gross domestic product (GDP), a measure of national income that was…

The Conversation · Sep 7, 2023

Everyone's talking about the Global South. But what is it?

Indian Prime Minister Narendra Modi says his country is “becoming the voice of the Global South."

The Independent UK · Sep 7, 2023

Australia's not likely to catch a cold, just a sniffle from China's economic downturn

There are few more reliable narratives in the business and financial press than, “If China sneezes, Australia will catch a cold”.

The Conversation · Sep 6, 2023

Australia’s economy has got smaller on a per capita basis – like it did in the GFC and 1990s recession. So, you know, not good

We now have GDP that is growing only due to population growth and even then only due to government spending

The Guardian - AU · Sep 6, 2023

We're in a per capita recession as Chalmers says GDP 'steady in the face of pressure'

Australia’s economy grew a mere 0.4% in the June quarter according to figures released by the Bureau of Statistics on Wednesday, a performance Treasurer Jim Chalmers describes as “steady in the face of unrelenting pressure”.

The Conversation · Sep 6, 2023

Australia’s annual growth slowed in June quarter with GDP up 2.1%

Rise compares with a revised 2.4% economic growth in the March quarter, Australian Bureau of Statistics reveals

The Guardian - AU · Sep 6, 2023

Kenya's leader says climate change is eating away Africa's GDP, calls for talks on global carbon tax

Kenya's president says climate change is “relentlessly eating away” at Africa’s economic progress and it’s time to have a global conversation about a carbon tax

The Independent UK · Sep 5, 2023