Tag Archives: GDP

Venezuelan economic situation expanded over 15% in 2022, head of state states

CARACAS, Jan 12 (Reuters) – Venezuela’s economic situation increased around 15% in 2015, Head of state Nicolas Maduro claimed on Thursday throughout his yearly state of the country address, attributing the development to diversity of the greatly oil-focused economic situation. The South American nation’s economic situation expanded 17.73% year-over-year in the very first 3 quarters of 2022, its… Read More »

Indian financial development to reduce to 7% in 2022/23, govt projections

GDP expanded 8.7% in 2021/22 COVID-era distortions currently levelling out Production development seen at simply 1.6% Exports an essential difficulty for future development BRAND-NEW DELHI, Jan 6 (Reuters) – India’s federal government anticipates financial development to reduce in the fiscal year finishing March, as pandemic-related distortions convenience and also bottled-up need for products degrees out entering into 2023.… Read More »

Singapore’s economic situation covered projections in 2022 however brand-new dangers expanding

SINGAPORE, Jan 3 (Reuters) – Singapore’s economic situation expanded much faster that main projections in 2022 however slower task in the 4th quarter indicate substantial dangers in advance for the city-state in the brand-new year as worldwide need damages and also inflationary stress consider. Singapore’s economic situation expanded 3.8% in 2022, initial information from the Ministry of Profession… Read More »

Portugal’s money priest sees 2022 development over target, concentrate on financial debt cuts

LISBON, Nov 16 (Reuters) – Portugal anticipates financial development of a minimum of 6.7% this year, defeating its 6.5% projection on the back of residential need and also tourist, aiding the nation additionally lower among Europe’s heaviest public financial debt worries, its money priest informed Reuters. In spite of a down expectation in Europe amidst high rising cost… Read More »

China Q3 development seen jumping 3.4%, yet 2022 established for worst efficiency in years

China Q3 GDP seen expanding 3.4% y/y, vs Q2’s 0.4% China 2022 development seen at 3.2%, 2023 development at 5.0% Rising cost of living seen at 2.2% in 2022, 2.3% in 2023 C.bank seen reducing 1 year LPR by 5 bps in Q4 BEIJING, Oct 14 (Reuters) – The 3rd quarter for China’s economic situation is most likely… Read More »

Financial institution of Spain cuts 2023 progress forecast to 1.4%, lifts 2022 forecast

MADRID, Oct 5 (Reuters) – The Financial institution of Spain on Wednesday considerably lower its GDP progress forecast for subsequent yr as a result of impression of upper power costs in Europe and decrease shopper spending. It mentioned it anticipated gross home product to develop 1.4% in 2023, down from a beforehand anticipated progress charge of two.8%, in… Read More »

Thai central financial institution hikes charge once more, retains 2022 development outlook

Key charge hiked by 25 bps Maintains 2022 GDP development outlook of three.3% seen earlier Cuts 2023 GDP development forecast to three.8% from 4.2% earlier BOT: Prepared to regulate measurement, timing of coverage normalisation Raises 2022 forecasts for exports, tourism BANGKOK, Sept 28 (Reuters) – Thailand’s central financial institution raised its key rate of interest modestly for a… Read More »

Peru lowers 2022 development forecast and abandons mining tax hike plan

LIMA, Aug 25 (Reuters) – Peru on Thursday lowered the nation’s financial development forecast to three.3% this yr, the finance minister stated, and formally deserted a plan to hike taxes on the mining trade amid falling metallic costs, excessive inflation and slowing development. The brand new forecast is considerably larger than the Refinitiv common of two.6% however is… Read More »