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While a significant uptick in economic activity in the fourth quarter of financial year 2024-25 pushed GDP growth for the full year to 6.5%, as per the provisional estimates for 2024-25 released ...
At 7.4%, GDP growth in the quarter ended March exceeded expectations by a decent margin, but economic activity has seen only a marginal uptick during the period. The reason: the statistical effect ...
The only interesting number will be the announcement of the GDP to be calculated according to a “new and improved formula”. It will probably show that SA’s economy is larger than previously thought as ...
But it’s far from perfect. GDP is a poor measure of welfare. It tallies up all the goods and services produced in an economy—putting equal value on $100 whether it’s spent on concert tickets or ...
Core GDP has been higher in recent years due to economic reforms leading to higher growth in consumption and private investments compared to government spending. Central Statistical Organisation ...
Journal Editorial Report: Can President Trump blame Joe Biden for a shrinking GDP? U.S. gross domestic product shrank by 0.3% in the first quarter of 2025, according to an April 30 report from the ...
The US remains the world's richest country with a GDP of $29.18 trillion. Each state's GDP compares to that of another country US GDP fell in Q1 this year, the first decline since 2022.
“Real GDP slipped in the first quarter, and while a decline during an expansion is unusual, it’s not unheard of and the economy isn’t in a recession, wrote Ryan Sweet, chief U.S. economist ...
The reading came in lower than most economists expected. The governments GDP formula subtracts imports in an effort to exclude foreign production from the calculation of total goods and services.
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