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Economy : Page 11

ifo Institute cuts growth forecast for Germany in 2024 to 0.7%

January 25, 2024
The ifo Institute has cut its growth forecast for Germany in 2024 to 0.7%, down from the 0.9% it had predicted in mid-December.

Economic experts expect 2.6% growth worldwide

January 25, 2024
Economic experts from around the world are expecting this year’s growth rate to average 2.6%, which is roughly the same as the previous year’s figure of 2.7%.

Bulgaria's FDI growth at 12-year high in 2023

January 23, 2024
Bulgaria has seen a 12-year high growth in foreign direct investments.

Poland's economy grows 0.6% in Q3 2023

January 22, 2024
Poland\'s Gross Domestic Product grew by 0.6% year-on-year in the third quarter of 2023, and 1.5% compared with the previous three months, according to the European Union\'s statistics agency.

Belarusian GDP grows 3.9% in 2023

January 19, 2024
Belarusian GDP grew 3.9% at constant prices to 261.1 billion Belarusian rubles in 2023, national statistical committee Belstat said.

UAE's GDP to grow over 5% in 2024

January 16, 2024
The UAE’s GDP is expected to expand by over 5% in 2024, exceeding the 2.8% growth expected for the global economy, according to Standard and Poor\'s Global Ratings projections.

Venezuela economy grew 5% in 2023, will reach 8% this year

January 16, 2024
Venezuela\'s economy grew more than 5% in 2023 and growth will reach 8% this year, President Nicolas Maduro said on Monday during his annual address to the government-allied legislature.

German economy shrinks 0.3 pct in 2023

January 16, 2024
Germany slipped into recession in 2023, the country\'s Federal Statistical Office (Destatis) said on Monday.

Vietnam's economy expected to grow over 6 pct in 2024

January 16, 2024
Vietnam\'s economy will grow 6.13 percent in the first scenario and 6.48 percent in the second, local media reported Tuesday, citing the Central Institute for Economic Management.

China records decline in exports, imports in 2023

January 16, 2024
China witnessed a decrease in its exports and imports in 2023, indicating that the country\'s post-pandemic economic recovery remained fragile throughout the year.

Euro area trade balance posts $22.2b surplus in November

January 16, 2024
The eurozone trade balance saw a €20.3 billion (about $22.2 billion) surplus in Nov. 2023, according to official data.

Pakistan's weekly inflation increases by 44.16 pct

January 15, 2024
Pakistan\'s weekly inflation, measured by the Sensitive Price Index (SPI), increased by 44.16 percent on a year-on-year basis, according to the Pakistan Bureau of Statistics (PBS) on Friday.
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