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Montevideo, November 21st 2018 - 07:54 UTC

Tag: GDP growth

  • Saturday, October 27th 2018 - 09:43 UTC

    Government and consumer spending boosts US economy in third quarter

    The economy is underpinned by a US$ 1.5 trillion tax cut and increased government spending

    The US economy slowed less than expected in the third quarter as a tariff-related drop in soybean exports was partially offset by the strongest consumer spending in nearly four years, keeping it on track to hit the Trump administration’s 3% growth target this year.

  • Friday, June 29th 2018 - 08:40 UTC

    Brazil central bank slashed 2018 growth forecast to 1.6%

    The bank sees GDP growth of 1.6% this year, according to its quarterly inflation report, compared to 2.6% previously.

    Brazil’s central bank on Thursday slashed its growth forecast for 2018 gross domestic product after a nationwide truckers strike paralyzed key sectors of Latin America’s largest economy. The bank sees GDP growth of 1.6% this year, according to its quarterly inflation report, compared to 2.6% previously.