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...This is rather reassuring for a country currently recording strong GDP growth. The Bank of Greece’s report also warns of stagnating or even falling competitiveness....
...Official data showed that the budget deficit in 2023 was 7.2 per cent of GDP, well above the government’s 5.3 per cent....
...The government has set a GDP growth target of 5 per cent this year....
...Some of the most accurate information on GDP comes from annual tax returns and annual business surveys....
...The OBR expects real GDP per person to begin to recover later this year and regain its pre-pandemic level in 2025....
...The country’s benchmark Nifty 50 rose 1.4 per cent in early trading after the Ministry of Statistics and Programme Implementation reported fourth-quarter GDP growth of 8.4 per cent year on year, well ahead...
...On Wednesday the US Bureau of Economic Analysis will release an updated GDP estimate for the fourth quarter that will be widely watched....
GDP expected to increase by just 0.5% this year, the second-slowest rate in G7 after Germany
...Financial markets shrugged off the GDP data, with sterling flat against the dollar at $1.2792 and interest rate-sensitive two-year gilt yields unchanged at 4.2 per cent....
...Sterling held steady after official figures showed that the UK economy grew slightly more than expected in November with a 0.3 per cent rise in GDP....
...“I don’t see anything in this [GDP release] that to me has any inflationary concerns associated with it,” Yellen said....
...On Wednesday, Sunak will meet Olaf Scholz, chancellor of Germany, which is spending 2 per cent of its GDP on defence this year....
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