Tag: gross domestic product

• Wednesday, July 7th 2021 - 09:06 UTC

  Peru's middle class shrinks from 43% to 24% during 2020

  

  A new study released Tuesday by the Institute of Economics and Business Development (Iedep) of the Lima Chamber of Commerce showed that some 6.3 million Peruvians fell from the country's middle-class social group during 2020.

• Wednesday, May 19th 2021 - 09:32 UTC

  Brazil's GDP projected yet again to grow despite covid-19 crisis

  

  Brazil's Gross Domestic Product (GDP) forecast for the year 2021 has been raised from 3.2 to 3.5%, the Ministry of Economy reported Monday, while the inflation prediction also went up from 5.06 to 5.15%.

• Wednesday, March 10th 2021 - 08:46 UTC

  Global economy forecasted to grow 5,6% this year if vaccination rollout is effective

  

  Global gross domestic product (GDP) will grow at 5.6% this year if vaccination rollout is fast and effective enough across the world, the Organization for Economic Cooperation and Development (OECD) said Tuesday in its Interim Economic Outlook.

• Thursday, May 14th 2020 - 08:08 UTC

  Britain's economy shrank 2% in the first quarter and 5.8% in March

  

  Britain's economy shrank 2% in the first three months of the year, rocked by the fallout from the COVID-19 pandemic, official data showed on Wednesday, with analysts predicting even worse to come.

• Friday, April 17th 2020 - 09:42 UTC

  China's economy contracts 6,8% in Jan/March quarter, first time since 1992

  

  China’s economy shrank for the first time since at least 1992 in the first quarter, as the coronavirus outbreak paralyzed production and spending, raising pressure on authorities to do more to stop mounting job losses.

• Thursday, January 9th 2020 - 09:59 UTC

  US district judge dismissed lawsuit against Argentina filed by hedge fund Aurelius

  

  A U.S. district judge dismissed a lawsuit filed by New York-based hedge fund Aurelius Capital against Argentina, related to an alleged payment shortfall under securities offerings linked to the country’s gross domestic product.

• Friday, December 20th 2019 - 08:56 UTC

  Brazil central bank raises 2020 growth forecast to 2.2%

  

  Brazil’s central bank on Thursday raised its 2020 gross domestic product growth forecast to 2.2% in its quarterly inflation report from 1.8% previously but cautioned it was conditional on continued progress on economic reforms.

• Wednesday, March 6th 2019 - 08:26 UTC

  Brazil posts a fiscal surplus in January, but public finances remain fragile

  

  The Brazilian government posted a fiscal surplus of 46.9 billion reais (US$ 12.5 billion) in January, the central bank said, above forecasts but unchanged from a year earlier. In Brazil, January is traditionally marked by higher tax revenues and lighter spending, so these figures do not change the fragile outlook for public finances, analysts said.