The Latest Breaking News from Economic Growth

The Fiscal Policy Office (FPO) has kept its forecast for economic growth this year at an average of 3.5%, underpinned by a recovery in both the tourism sector and domestic consumption, according to the office's director-general Pornchai Thiraveja.

Spain raised its inflation forecasts for 2022 and 2023 and lowered its economic growth target for 2023, Economy Minister Nadia Calvino said on Tuesday, citing the war in Ukraine for its continued negative impact on European economies.

Shadow chancellor Rachel Reeves earlier indicated the party would not take rail, energy or water companies back into public ownership.

Labour’s Sir Keir Starmer promised he would lead a government focused on economic growth as he took aim at the two rivals competing for the Tory leadership.In a speech in Liverpool he said: “Our economy is weaker than our competitors, less resilient, brittle and ultimately we are all poorer for…

Labour leader promises to ‘reboot the economy’ with ‘strong, secure, fair’ growth

British opposition Labour leader Keir Starmer will set out his plan to foster economic growth on Monday, adding his voice to a debate that has dominated the Conservative Party's race to become the country's next prime minister.

Opposition leader to say ‘making the country and its people better off’ is main priority for party

The Bank of Thailand believes Thai economic growth might increase past 3% in the second quarter, mainly thanks to a rebound in domestic consumption under the central bank's commitment to maintain flexible inflation targeting.

It comes as Liz Truss promised a ‘bonfire’ of ‘EU red tape’ to drive economic growth