rising by 29.5% year on year, according to data released by the National Bureau of Statistics (NBS) last week. Meanwhile, the NBS also announced that industrial profits reached 6.98 trillion yuan in the first 11 months of the year, down 4.4% year on year, although the...
From the war in Ukraine to down-to-the-wire election results, 2024 has seen its fair share of milestones which have affected the UK economy.
"It was a great report, but you didn't see the market move much because GDP is backward-looking. It told us what happened in October and November and December," North said. "It's great for historical patterns, but it doesn't really tell us much about where...
said Amanda Hite, president of STR, CoStar’s hospitality analytics firm. The overall economy held up better than anticipated, but there will be some economic slowdown in the U.S. this year.
Global economy in 2024 will look a lot like 2023 SFC Markets and Finance: Looking ahead, how do you think about the global economy in 2024? Thomas J. Sargent: For better or worse, I think it will look a lot like 2023. That's a pretty good answer most of the time. I'm being hon...
TheU.S. economygrew at a slower pace than expected at the beginning of 2024 as consumers pulled back on spending in the face of higher inflation. Gross domestic product, the broadest measure of goods and services produced across the economy, grew by 1.6% on an annualized basis in the three...
China's gross domestic product grew by 5.5 % in the first half of the year, reaching 59 trillion yuan, or around 8.3 trillion US dollars. What do the latest economic figures tell us? What policy response can we expect(00:40)? China has issued a guideline on promoting the develo...
After a tumultuous election cycle, the divisive former president has reclaimed the highest office in the nation. Nov. 6, 2024 Economy Sees Winter Chill Under Trump The threats of a wide range of tariffs on U.S. imports may be slowing consumer spending, the heartbeat of the American ...
goals, the internationalization of the RMB will continue to accelerate. The rising position of the RMB in global trade and financial markets promotes the diversification of the global payment system and reduces the risk of global dependence on the US dollar, thereby enhancing the stability of the ...
In the first three months of 2024, China also launched positive monetary policies including cuts on the required reserve ratio and interest rate, whose influence on CPI is yet to be seen.Amid complexities in the internation...