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Economy : Page 38

Swiss central bank profits $15.7 billion

July 31, 2023
The Swiss National Bank reports a profit of CHF 13.7 billion ($15.7 billion) for the first half of 2023.

France's GDP up by 0.5 pct in Q2

July 31, 2023
France\'s gross domestic product (GDP) increased by 0.5 percent in volume terms in the second quarter (Q2) of 2023, after the 0.1 percent growth in the previous quarter, the French National Institute of Statistics and Economic Studies (INSEE) said.

North Africa Economic Outlook 2023: Economic growth set to reach 4.6 percent

July 31, 2023
North African countries are projected to see a slight increase in economic growth to 4.6 percent in 2023 and 4.4 percent in 2024, and should make green growth an urgent priority, according to the African Development Bank.

Germany's GDP stagnant in Q2 of 2023

July 29, 2023
The gross domestic product did not continue to fall (0.0%) in the 2nd quarter of 2023 compared with the first quarter of 2023 after adjustment for price, seasonal and calendar variations.

Record 21.96 million people in Spain has job

July 28, 2023
The number of jobholders in Spain has reached a record of about 21.96 million, the country\'s Statistical Office said in its quarterly Economically Active Population Survey (EPA).

Swedish economy shrinks sharply in Q2

July 28, 2023
Sweden\'s economy shrank sharply in the second quarter contracting 1.5% compared to the previous three month period, preliminary figures from the Statistics Office showed on Friday.

U.S. GDP grows 2.4 pct in second quarter

July 28, 2023
U.S. real gross domestic product increased at an annual rate of 2.4 percent in the second quarter of 2023, faster than expected, according to the Commerce Department\'s report.

Kuwait records first budget surplus in 9 years

July 27, 2023
Kuwait recorded its first budget surplus in nine years in the fiscal year ending on March 31, the Finance Ministry announced.

IMF forecasts global growth to slow to 3.0 pct in 2023, 2024

July 26, 2023
Global growth is projected to fall from an estimated 3.5 percent in 2022 to 3.0 percent in 2023 and 2024, and China\'s growth will stay unchanged at 5.2 percent for 2023 and 4.5 percent for 2024, said the International Monetary Fund (IMF).

South Korea's GDP grows 0.6 pct in Q2

July 25, 2023
South Korea\'s gross domestic product (GDP) grew faster in the second quarter as a faster drop in import than export lifted net export, indicating a recession-type growth, central bank data showed Tuesday.

July 2023: ifo Business Climate Index falls for third consecutive month

July 25, 2023
Sentiment among German companies has worsened further.

Production of manufactured goods in EU up by 5% in 2022

July 25, 2023
Following two successive decreases, including a 7% fall in 2020, the EU’s production of manufactured goods has been recovering and growing.
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