Tag: GDP
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Q2 GDP numbers to surprise on the upside: RBI governor Shaktikanta Das
[ad_1] Economic growth in India in the second quarter this financial year is likely to surprise on the upside, said Reserve Bank of India (RBI) Governor Shaktikanta Das on Tuesday. Speaking at the Business Standard BFSI Insight Summit, Das said: “Looking at the momentum of economic activity, looking at a few early indicators,…
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What GDP is telling the Bank of Canada: economists
[ad_1] Breadcrumb Trail Links NewsEconomy Economy could already be in recession, putting an end to rate hikes Published Oct 31, 2023 • 4 minute read Canada’s economy could be in a technical recession. Photo by Postmedia Article content The Canadian economy could already be in a “modest” recession, one economist says, after Statistics Canada released…
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Biden Blockbuster Blows Past Trump’s ‘Great GDP’ With 4.9% Growth
[ad_1] President Biden blew past the 3% mark in GDP growth, which Trump proclaimed great, as the economy grew at a 4.9% rate. Here is the good economic news: JUST IN: US GDP soared to a blockbuster 4.9% in Q3. That’s the highest since the end of 2021 and a big uptick from 2.1% in…
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Airbnb added Rs 7,200 crore to India GDP last year: Oxford Economics
[ad_1] Airbnb, the online marketplace for short- and long-term homestays, contributed Rs 7,200 crore (or over $920 million) to India’s gross domestic product (GDP) and supported over 85,000 jobs in 2022 alone. The GDP contribution and jobs supported more than doubled compared to 2019 despite the Covid-19 outbreak and the related restrictions. This report refers…
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Canada GDP: What economists say
[ad_1] Breadcrumb Trail Links News Economy Weak readings could keep the Bank of Canada interest rate on hold Published Sep 29, 2023 • Last updated 2 days ago • 4 minute read The manufacturing sector declined 1.5 per cent, its second monthly contraction in row. Photo by James MacDonald/Bloomberg Article content Canada’s gross domestic product was…
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Azerbaijan announces GDP data for 8M2023
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Britain no longer an economic outlier after ‘extraordinary’ GDP upgrade by ONS
[ad_1] Sign up for the View from Westminster email for expert analysis straight to your inbox Get our free View from Westminster email Britain is no longer a global economic outlier after a huge upgrade to its post-pandemic economic performance by the Office for National Statistics. GDP – the size of Britain’s economy – climbed…
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Canada GDP unexpectedly shrinks in second-quarter
[ad_1] Breadcrumb Trail Links News Economy GDP reading comes in lower than forecasts by economists and the central bank Published Sep 01, 2023 • Last updated 1 day ago • 2 minute read Housing was a big drag on the economy, led by a sharp drop in new construction, which occurred in every province and territory…
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US and China inflation data and UK GDP figures due
[ad_1] Receive free Global Economy updates We’ll send you a myFT Daily Digest email rounding up the latest Global Economy news every morning. This article is an on-site version of our The Week Ahead newsletter. Sign up here to get the newsletter sent straight to your inbox every Sunday Hello and welcome to the working…
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EDB expects GDP growth in Tajikistan to accelerate
[ad_1] DUSHANBE, Tajikistan, July 25. The EDB (Eurasian Development Bank) expects the GDP growth in Tajikistan in the second quarter of 2023 to exceed the 8.2 percent registered in the first quarter of 2023, Trend reports. The analytics of the EDB say the growth will be caused by the fact that in the same period…