[ad_1] Swedish retail sales slumped the most on record in February as soaring inflation and rising credit costs continue to take their toll on the Nordic region’s biggest economy. Last…
Tag: GDP
Hong Kong Narrows 2023 GDP Expectations as Recovery Loses Steam
[ad_1] Hong Kong is slightly less optimistic about its outlook for economic growth this year as the post-pandemic activity boom runs out of steam and challenges from China and the…
PwC boosts global nature and biodiversity capabilities with new Centre for Nature Positive Business, as new research finds 55% of the world’s GDP – equivalent to $58 trillion – is exposed to material nature risk without immediate action
[ad_1] PwC to boost its capabilities to help accelerate a nature positive and net zero transition PwC’s new Centre for Nature Positive Business will bring together and further expand key…
South Africa Seen Dodging Contraction Even as Key Sectors Shrink
[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…
South African Current Account Gap Narrows as Imports Slip
[ad_1] South Africa’s current account deficit shrank by much more than expected in the third quarter, reflecting lower import volumes amid weaker demand and logistics bottlenecks. The deficit on the…
Germany enters recession after GDP falls for second successive quarter
[ad_1] Germany’s statistics office on Thursday released data for Europe’s largest economy, marking the country’s second contraction in as many months. Gross domestic product fell by 0.3% for the quarter…
Bundesbank Urges Economic Revamp as German Economy Shrinks
[ad_1] Germany’s economy will probably shrink this quarter and officials must address a range of deep-seated challenges to the country’s business model if they’re to boost the longer-term outlook, according…
South Africa Set to Topple Nigeria to Regain Mantle as Continent’s Biggest Economy
[ad_1] South Africa is set to briefly overtake Nigeria and Egypt as the continent’s largest economy next year, International Monetary Fund forecasts show. The IMF’s World Economic Outlook envisions South…
Singapore’s Q4 GDP accelerates due to stronger performance in construction, manufacturing- Republic World
[ad_1] Dollar hits three-month low | Image:Unsplash The dollar remained stable at the start of 2024 as traders assessed the potential for interest rate cuts from the Federal Reserve in…
Singapore’s Q4 GDP growth speeds up
[ad_1] A ship docks at Keppel terminal in Singapore Nov 17, 2020. REUTERS/Edgar Su/File Photo SINGAPORE —Singapore’s economy grew 1.2 percent in 2023, moderating from the 3.6 percent growth in…