[ad_1] South Africa’s economy probably skirted a contraction in the third quarter, even as sectors that make up more than a fifth of total gross domestic product shrank. Despite a…
Tag: Contraction
Italy’s manufacturing contraction moderates in December- Republic World
[ad_1] Thailand tourism | Image:Yatra.com Thailand and China have decided to permanently waive visa requirements for each other’s citizens, effective from March, according to an announcement made by Thailand Prime…
Economists See South Africa Averting Second-Quarter Contraction
[ad_1] South Africa’s economy probably avoided a contraction in the second quarter, despite record power cuts, logistical constraints and sagging consumer confidence. In the view of analysts polled by Bloomberg…
Sweden’s Economic Contraction Driven by Sputtering Export Engine
[ad_1] A decline in exports dragged down Sweden’s economy in the second quarter, even as output contracted less than previously estimated. Calendar-adjusted gross domestic product shrank by 0.8% in the…
Continued contraction in eurozone services and manufacturing
[ad_1] December marks the seventh month of contraction for services and manufacturing in the eurozone, with the rate of decline picking up since November. ADVERTISEMENT The eurozone’s manufacturing and service…
Malaysian manufacturing suffers sharpest business contraction since January
[ad_1] KUALA LUMPUR: The seasonally adjusted S&P Global Malaysia manufacturing PMI dropped to 46.8 in September from 47.8 in August, indicating the most significant moderation in business conditions since January…
Germany expects weaker rebound next year after 2023 contraction
[ad_1] Economy Robert Habeck, the Economy Minister, has blamed the economy’s issues on the energy crisis, rising borrowing costs and the weakness of trading partners The German government has forecast…
Hong Kong’s PMI Ends Four-Month Contraction Amid Slight Improvement in Business Conditions
[ad_1] Hong Kong’s PMI Ends Four-Month Contraction Amid Slight … Marketscreener.com [ad_2] Source link
Japan’s Economy Sinks Into Contraction as Spending, Investment Decline
[ad_1] TOKYO (AP) — Japan’s economy slipped into a contraction in the third quarter, decreasing at an annual pace of 2.1% as consumption and investments shrank, the government reported Wednesday.…
Opinion: Let’s get technical about ‘technical recessions’
[ad_1] Tech·ni·cal (adjective): based on or marked by a strict or legal interpretation. Re·ces·sion (noun): a period of significantly reduced general economic activity that is marked especially by declines in…