Baja California Records Gross Domestic Product Growth under Governor Marina del Pilar’s Administration
Governor Marina del Pilar Ávila Olmeda recently announced that Baja California’s State Gross Domestic Product (GDP) has surpassed 951 billion pesos. This milestone solidifies the state’s position as one of Mexico’s leading economies. The information was reported by the National…
Exclusive-China plans record budget deficit of 4% of GDP in 2025, say sources
(Reuters) – Chinese leaders agreed last week to raise the budget deficit to 4% of gross domestic product (GDP) next year, its highest on record, while maintaining an economic growth target of around 5%, two sources with knowledge of the…
Cuba projects a 1% GDP growth in 2025 despite the economic crisis
The Cuban government announced on Monday a projected economic growth of 1% for the year 2025, as reported by the Minister of Economy and Planning, Joaquín Alonso Vázquez, during a session of the National Assembly. This goal, which may seem…
Economic slowdown expected in GDP figures, but better times ahead
Economists expect NZ’s GDP fell 0.4 percent in the three months ended September. File photo. Photo: 123RF The economy likely contracted 0.4 percent in September quarter Activity shrank in construction, wholesale trade and manufacturing [LI] Energy shortage, high prices, further…
Ukraine’s GDP up by 4% over 11 months – economy ministry
In January-November 2024, Ukraine’s gross domestic product (GDP) increased by 4% compared to the same period last year. Last month Ukraine’s economy grew by 0.9% in annual terms. The relevant statement was made by the Ukrainian Economy Ministry, an Ukrinform…
GBP/USD depreciates to near 1.2650 ahead of UK monthly GDP
GBP/USD continues to lose ground due to risk aversion amid US tariff threats. US PPI provided support for the US Dollar as it jumped 0.4% MoM in November, the largest gain since June. Traders await the UK’s key economic data…
UK economy unexpectedly declines as services sector stalls
The UK economy unexpectedly contracted in October, marking two months in a row of negative growth for the first time since the pandemic, new figures show. Chancellor Rachel Reeves said the data was “disappointing” as she said the Government was hoping…
UK economy shrinks for second month, contracting 0.1% in October – NBC10 Philadelphia
Britain’s economy contracted unexpectedly in October, according to data from the U.K.’s Office for National Statistics. GDP fell by 0.1%, the latest print showed, marking the second consecutive monthly downturn. The British pound was trading lower against the dollar Friday…
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…