The Latest Breaking News from GDP

New Zealand experienced a shallow recession after two quarters of negative GDP growth to March 2023, data released by Stats NZ shows.

The government is advised to seek methods to increase its revenue-to-GDP ratio following a continuous decline, while remaining prudent in incurring higher levels of debt, says a Finance Ministry source who requested anonymity.

The election result is clear and the MOU to form a 312-seat government in the 500-seat parliament is agreed. But who will lead Thailand and its economy for the next four years is unclear. Whether it will be a pro-equality government, pro-growth government, or even a pro-big-spending government remains in…

See why U.S. debt will continue to rise, thanks to factors such as inflation, Medicare, and Social Security spending.

GDP was up 0.2 per cent in April, in line with City forecasts

The UK's GDP was boosted by 0.2 percent in April after a fall in March

GDP rose by 0.2% in April, with rising car sales and reduced impact of strikes also playing a part

UK economy has bounced back from March’s contraction, but experts fear rising interest rates will cause recession

A return to growth for the UK economy in April was today offset by caution in the recruitment sector after staffing firm Robert Walters warned on profits.

Economists are at odds as to whether New Zealand books a recession when Stats NZ releases first quarter GDP data.

President William Ruto’s first budget comes to the national assembly on 15 June against the backdrop of massive public debt and public disquiet over high inflation. The KSh3.663 trillion (US$26.35 billion) plan sets out priority areas of an administration that campaigned on the platform of empowering the informal sector. Many…