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Emerging Asia continues to be the biggest contributor to global growth while the U.S. economy is forecast to expand 2.8 percent in 2025, before slowing to 2.4 percent in 2026. In contrast, the euro area is expected to grow more modestly, with GDP increases of 1.3 percent in 2025 and 1.5...
Diron, M. (2008): "Short-term forecasts of Euro Area real GDP growth. An assessment of real-time performance based on vintage data", Journal of Forecasting, 27(5), 371-390.Diron M. (2008) Short-term forecasts of Euro area real GDP growth: an assessment of real-time performance based...
Middle East and Central Asia2.72.2-2.95.74.62.4 Sub-Saharan Africa3.33.1-1.74.53.82.6 The Gross Domestic Product of a country can be defined as the total monetary value of the goods and services produced within its borders in a year. GDP growth is expressed as a percent. The average gro...
OECD said also that in the European Union and in the euro area, growth kept stable respectively at 0.4 percent and 0.3 percent. Calculated by year-on-year GDP growth, the OECD area growth reached 1.7 percent in the third quarter of 2016, marginally up from 1.6 percent in the same quarter...
"This year's economic slowdown is concentrated in advanced economies, especially the euro area and the United Kingdom, where growth is expected to fall to 0.8 percent and -0.3 percent this year before rebounding to 1.4 and 1 percent, respectively," Pierre-Olivier Gourinchas, the IMF's economic...
2024 Q4/Q4 growth is a full 0.7 ppts higher than forecasted in the October 2023 WEO, and 0.6 ppts from the January WEO update. Euro area growth is marked down 0.1 ppts relative to January WEO update. China growth prospects were not marked down relative to January, although they are down...
Euro Area Construction Expands for 1st Time in 10 Months Euro Area Inflation Confirmed at 5-Month High Euro Area Current Account Surplus Narrows in November Latest China Fiscal Revenue Growth Eases Sharply in 2024 New Zealand Stocks Extend Falls to Start the Week ...
"In the first quarter of this year, the GDP of the United States, the euro area, Japan and Brazil increased by 1.8%, 1%, 1.9% and 4% year on year respectively. Even considering the situation in the second quarter, China's economic growth in the first half of the year was still the...