Month: December 2024

UK economy shrinks unexpectedly by 0.1% in October

The UK economy contracted by 0.1% in October, according to the Office for National Statistics (ONS). Economists in a Reuters poll had expected growth of 0.1%. It follows sluggish expansion of 0.1% in the third quarter of the year, according…

Pound Sterling slides as decline in UK GDP stems economic concerns

The Pound Sterling sells off sharply after data showed the UK monthly GDP surprisingly declined by 0.1% in October. UK Industrial and Manufacturing Production also contracted in October compared with the previous month. Investors expect the Fed to pause the policy-easing spell…

In new blow, UK suffers first back-to-back GDP declines since 2020

Britain’s economy contracted for a second consecutive month in October ahead of the government’s inaugural budget, marking the first back-to-back declines in output since the COVID-19 pandemic and posing a challenge for new Treasury chief Rachel Reeves. Gross domestic product…

UK monthly GDP growth 2024

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Britain’s economy suffers first back-to-back decline in October since 2020

Open this photo in gallery: People shop at a grocery market in London.EMILIE MADI/Reuters Britain’s economy shrank for a second month in a row in October in the run-up to the government’s first budget, the first back-to-back falls in output…

Cathay expects Taiwan’s GDP to rise 2.8% in 2025, no immediate rate change

Taipei, Dec. 14 (CNA) Cathay Financial Holding Co., the largest financial holding firm in Taiwan, has forecast the country’s gross domestic product (GDP) will grow 2.8 percent in 2025 while anticipating the Central Bank of the Republic of China (Taiwan)…

G20 GDP growth continued at a stable pace in Q3 2024: OECD

Gross domestic product (GDP) in the G20 area rose by 0.7 per cent in the third quarter of 2024, slightly up from the 0.6 per cent growth rate (revised from earlier estimate of 0.7 per cent) recorded in the second…

GDP distribution by sector Uzbekistan 2024

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Market Prices Are A Very Unreliable Way To Detect Inflation

NORTH MIAMI – FEBRUARY 20: Elinor Mantin shops for groceries at Lorenzo’s Supermarket as a new … [+] government report showed that consumer prices rose last month February 20, 2008 in North Miami, Florida. The Consumer Price Index rose 0.4…

Standard Chartered expects strong 6.7% GDP growth in Vietnam in 2025

Standard Chartered expects strong gross domestic product (GDP) growth of 6.7 per cent next year in Vietnam, with growth easing from 7.5 per cent year on year (YoY) in the first half (H1) of the year to 6.1 per cent…