Economy : Page 2

Fraser Institute: Canada’s debt ranking falls from best in G7 to 7th worst

August 16, 2024 Canada’s relative debt position is much worse than the federal government suggests when a larger group of advanced countries are included and total debt—not just net debt—is measured, finds a new study released by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.

Kuwait reports $5.2 bln budget deficit in FY 2023-24

July 26, 2024 Kuwait\'s Ministry of Finance announced the 2023-24 fiscal year ending March 2024 had concluded with a deficit of 1.6 billion Kuwaiti dinars (about 5.2 billion U.S. dollars) against a surplus of 6.4 billion dinars in the previous fiscal year.

Eurozone reports modest Q1 GDP growth, stable annual inflation

May 3, 2024 In the first quarter of 2024, seasonally adjusted GDP increased by 0.3% in both the euro area and the EU, compared with the previous quarter, according to a preliminary flash estimate published by Eurostat.

Italy sees faster economic growth in Q1

May 3, 2024 Italy\'s economy grew faster and prices rose slower than in the previous reporting period, according to preliminary economic data from the government\'s main statistics entity.\r\n

Slovenia's economy expected to grow 0.9 pct in Q1

April 5, 2024 Slovenia\'s economy is expected to expand by 0.9 percent in the first quarter of 2024, the central bank said Thursday.

Italy faces deficit infringement procedure

April 3, 2024 Italy faces an infringement procedure over its 2023 deficit, Economy Minister Giancarlo Giorgetti told a joint hearing of the Senate and Lower House budget committees on Wednesday.

Real GDP increased in all 50 U.S. states

April 3, 2024 Real gross domestic product (GDP) increased in all 50 U.S. states and the District of Columbia in the fourth quarter of 2023, with the percent change ranging from 6.7 percent in Nevada to 0.2 percent in Nebraska, according to the U.S. Bureau of Economic Analysis (BEA).

Inflation continues to decline in Germany

April 2, 2024 ifo price expectations in Germany fell to 14.3 points in March, down from 15.0 points in February.

UK house prices log unexpected fall

April 2, 2024 UK house prices declined unexpectedly in March as higher interest rates continue to damp affordability, data published by the Nationwide Building Society revealed Tuesday.

South Korea's FDI logs double digit growth in Q1

April 2, 2024 Foreign direct investment (FDI) in South Korea logged a double digit growth in the first quarter due to robust investment in the manufacturing industry, government data showed Tuesday.

U.S. Q4 GDP slightly revised up to 3.4 pct in final estimate

March 30, 2024 The U.S. real gross domestic product (GDP) growth in the fourth quarter of 2023 was slightly revised up to an annual rate of 3.4 percent in the third and final estimate, the Commerce Department reported.

Canada's GDP rises 0.6 pct in January

March 30, 2024 Canada\'s real gross domestic product (GDP) grew 0.6 percent in January, led by a 6 percent increase in educational services, Statistics Canada said.