Economic growth
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Asia
US tariffs may cut Indonesia growth by up to 0.5 percentage points: Finance Minister
Indonesia has set a 5.2 per cent GDP growth target this year versus 5.03 per cent achieved last year. President…
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United Kingdom
The UK’s economy grew marginally last year, sees surprise revision
The UK’s services sector boosted GDP in the final quarter, seeing a lift from human health activities and social work.…
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Spain
The Spanish economy grew 3.2% in 2024: Why is it outperforming peers?
Spain’s economy grew 3.2% in 2024, one of the fastest in the eurozone, driven by strong domestic demand, robust tourism,…
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Germany
German business morale surges to 7-month highs on recovery hopes
Confidence among German businesses improved in March, supported by a rebound in manufacturing and optimism over major government spending plans.…
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United Kingdom
Bank of England keeps benchmark interest rate stable at 4.5%
The central bank’s decision comes amid rising uncertainty over the UK’s economic growth, especially as US tariff threats loom. ADVERTISEMENT…
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Germany
Germany’s economic sentiment hits 2-year high, EU exports to US soar
Germany’s economic sentiment hit a 2-year high, but the eurozone’s trade surplus fell sharply. EU exports to the US surged…
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United Kingdom
UK inflation sees further spike as it rises to a 10-month high
January’s inflation figure is likely to slow down the Bank of England’s delivery of interest rate cuts as inflation remains…
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Mexico
Mexico saw 1.8% year-on-year economic growth in January
A preliminary estimate from Mexico’s national statistics agency INEGI indicates that the country’s economy likely grew 1.8% in January, but…
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United Kingdom
Service industry helps give late boost to UK’s economic growth
The UK economy inched up slightly in the last quarter of 2024, ahead of market expectations. However, the country is…
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Germany
Germany’s unemployment rate rises to highest level in almost a decade
A rise in the jobless rate is normal for this time of year, although the scale of the jump points…
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