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GDP

Australia’s Economy Remains Weak on Household Spending Squeeze

Wednesday, 5 June 2024 15:31 WIB | Root

Australia’s economy extended a streak of subdued growth in the first three months of the year as elevated interest rates and cost of living pressures weighed on household spending. Gross domestic product advanced 0.1%, from an upwardly revised 0.3% in the prior quarter and compared with...

US Q4 GDP Growth Revised Higher to 3.4% from 3.2%

Friday, 29 March 2024 02:34 WIB | Root

The United States' Gross Domestic Product (GDP) grew at an annual rate of 3.4% in the fourth quarter, the US Bureau of Economic Analysis (BEA) said in its final estimate on Thursday. The BEA reported in its previous estimate that the real GDP growth was 3.2%. "The update primarily reflected...

UK Fell Into Technical Recession in Second Half of Last Year

Thursday, 15 February 2024 21:00 WIB | Root

The UK slipped into a shallow recession in the second half of 2023, undercutting Prime Minister Rishi Sunak’s claim to be growing the economy in the run-up to a general election. Gross domestic product fell 0.3% in the fourth quarter, more than the 0.1% drop economists forecast, Office for...

UK Economy Shrank More Sharply Than Expected in July

Wednesday, 13 September 2023 20:01 WIB | Root

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...

PDB Jerman Merosot Tajam di kuartal Kedua Sejak 1970

Thursday, 30 July 2020 22:17 WIB | Root

Jerman mencatat kemunduran terburuknya dalam perekonomian pada kuartal kedua sejak 1970, menurut statistik yang dirilis Kamis. Produk domestik bruto Jerman turun secara musiman disesuaikan 10,1% kuartal-ke-kuartal. Kantor Statistik Federal mengatakan ada "kemerosotan tajam" untuk ekspor impor...