Friday, 19 April 2024
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GDP INGGRIS

UK Economy Grows by 0.2% in January
Wednesday, 13 March 2024 21:01 WIB | Economy

Britain's economic output grew by an as expected 0.2% in January, after entering a shallow recession in the second half of 2023, figures from the Office for National Statistics showed on Wednesday. Economists polled by Reuters had forecast a 0.2% month-on-month expansion of gross domestic product...


UK Economy Gains in November, Leaving Open Risk of Recession
Friday, 12 January 2024 21:07 WIB | Economy

The UK economy enjoyed a modest rebound in November, leaving the prospect of a technical recession on a knife edge. Gross domestic product rose 0.3% in November, bouncing back from a drop of the same scale in October, the Office for National Statistics said Friday. Economists had expected a 0.2%...


UK Economy Fell More Than Expected in October as Rate Hikes Hit
Wednesday, 13 December 2023 20:59 WIB | Economy

The UK economy shrank more than expected in October as elevated borrowing costs took their toll, setting the stage for another quarter of stagnation that is widely forecast to persist through 2024.  Gross domestic product fell 0.3%, the first drop since July and following a gain of 0.2% in...


UK GDP Grows At An Annual Rate Of 0.6% In Q3 Vs. 0.5% Expected
Friday, 10 November 2023 20:50 WIB | Economy

The UK's Gross Domestic Product (GDP) expanded at an annual rate of 0.6% in the third quarter, the Office for National Statistics (ONS) reported on Friday. This reading matched the second quarter's growth and came in above the market expectation of 0.5%. The UK's GDP grew by 0.2% on a monthly...


UK Economy Shrank More Sharply Than Expected in July
Wednesday, 13 September 2023 20:01 WIB | Economy

The U.K. economy contracted more than expected in July, suggesting activity is cooling in the face of monetary tightening by the Bank of England. Gross domestic product fell 0.5% compared with the previous month, data from the Office for National Statistics showed Wednesday. This missed forecasts...


UK Economy Regains Pre-Pandemic Level of Output With April Rise
Wednesday, 14 June 2023 20:00 WIB | Economy

The UK economy bounced back in April, recovering most of the output lost the previous month when heavy rain and strikes curtailed consumer spending. Gross domestic product rose 0.2% after a 0.3% decline in March, the Office for National Statistics said Wednesday. The figures left the economy...


UK Economy Delivers First-Quarter Gain Despite Strikes
Friday, 12 May 2023 20:11 WIB | Economy

The UK economy eked out a small gain in the first quarter even though strikes sharply curtailed activity in March, further reducing the risk of a recession. Gross domestic product rose 0.1% from the fourth quarter, the Office for National Statistics said Friday. March’s figure showed a 0.3%...


UK GDP Witnessed 0% Growth In February
Thursday, 13 April 2023 20:04 WIB | Economy

The British economy stalled in February 2023, below forecasts of a 0.1% increase. The figure follows an upwardly revised 0.4% increase in January. The services sector went down 0.1%, led by falls in education and public administration and defence; compulsory social security, industrial action...


UK Economy Bounced Back in After Holiday for Queen’s Funeral
Monday, 12 December 2022 20:54 WIB | Economy

The UK economy expanded in October as businesses recovered output lost following the death of Queen Elizabeth II. Gross domestic product rose 0.5% from September, which included an extra public holiday for the queen’s funeral and a period of national mourning. Economists were expecting an...


U.K. Economy Shrank in Third Quarter, Sliding Toward Recession
Friday, 11 November 2022 20:54 WIB | Economy

The U.K. economy contracted in the three months through September, as high energy prices and rising interest rates mark the beginning of what policy makers expect will be a long-lasting recession that is likely to spread across Europe in coming months. The country's gross domestic product was...


Ekonomi Inggris Kurang Dari Harapan Dengan Keuntungan Manufaktur yang Lambat
Monday, 12 September 2022 19:58 WIB | Economy

Ekonomi Inggris tumbuh kurang dari yang diharapkan pada bulan Juli karena produksi industri dan konstruksi menyusut. Ekspansi 0,2% mengikuti penurunan 0,6% pada Juni, ketika produk domestik bruto (PDB) dibatasi oleh libur umum ekstra untuk menandai peringatan Ratu Elizabeth II, Kantor Statistik...



Fed's Powell: Restrictive Policy Needs Further Time to Work
Wednesday, 17 April 2024 00:53 WIB

Federal Reserve (Fed) Chairman Jerome Powell participates in a fireside chat about economic trends in North America at the Wilson Center's...

New US Home Construction Falls to Lowest Level Since August
Tuesday, 16 April 2024 19:46 WIB

New home construction in the US slowed last month as consumers try to wait out high mortgage rates in hopes borrowing costs will ease later this...

S&P 500 Closes Lower As Powell Warns Rates Need To Stay High, Dow Snaps 6-Day Losing Streak
Wednesday, 17 April 2024 03:10 WIB

The S&P 500 wavered on Tuesday after Federal Reserve chair Jerome Powell said interest rates may need to stay elevated. The broad index lost...

UK Unemployment Rate Climbs to 4.2% in Quarter to February vs. 4.0% Expected
Tuesday, 16 April 2024 13:24 WIB

The United Kingdom's (UK) ILO Unemployment Rate came in at 4.2% in the three months to February, rising from 3.9% in the previous period, data...

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