GDP growth is projected to decline to 2.2 percent in 2025 and 1.6 percent in 2026 as tariff hikes take effect. In the euro area, GDP growth is forecast at 1 percent in 2025 and 1.2 percent in 2026, with heightened uncertainty keeping expansion subdued. Germany, France, and Italy are all...
GovernmentincomeWorkOn March 5,the First Session of the 14th National People's Congress(NPC)opened at the Great Hall of the People in Beijing.Then-Premier Li Keqiang delivered the Government Work Report,which projected several targets for development this year:GDP growth of around 5 percent,some...
These persistent output gaps will exacerbate poverty and inequality and thwart progress on achieving sustainable development and tackling climate change. In contrast, the GDP per capita of the developed economies, relative to pre-pandemic projections, is expected to almost fully recover by 2023. Further...
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CEIC's GDP nowcast growth of 4.7% y/y for Q4 FY2022, and 4.3% y/y for Q1 FY2023 as onApril 7, 2022. About CEIC CEICis anISI Emerging Markets Groupcompany specialized in high-quality macroeconomic databases with the most complete set of 7.3 m...
Although the moderate inflation of prices between two and three percent is considered normal in a modern economy, countries’ central banks try to prevent severe inflation and deflation to keep the growth of prices to a minimum. Severe inflation is considered dangerous to a country’s economy ...
Economic activity led largely by consumer demand and residential investment, but business investment is rising Shutterstock The combination of private-sector growth and public infrastructure spending is set to propel growth in Canada’s gross domestic product (GDP) this year to 2.7%, the highest annua...
Freshwater plastic pollution is critically understudied in Southeast Asia (SEA). Recent modelling studies indicate that SEA rivers contribute vast quantities of plastic to the world’s oceans, however, these fail to capture the complexity of individual s
The growing season starts with an increase in LAI from zero, continues with vegetation growth and eventually finishes as the LAI decreases to zero. The growing season can also be defined by an increase in biomass from zero for crops to the points where biomass reaches the highest point, and ...
According to the minister, Brazil's GDP growth rate is expected to grow from less than 1 percent this year to 2-2.5 percent in 2020. "The economic growth started slowly this year but it will certainly double next year, compared to this year," the minister said. ...