Business & Finance - Statistics

India may see 0% GDP growth this fiscal year: Moody’s

India may see 0% GDP growth this fiscal year: Moody’s

In November, Moody’s cut the outlook on India’s sovereign rating of Baa2 to “negative” from “stable” due to a slowdown in growth. MUMBAI: The impact...

Great Depression-like U.S. job losses, unemployment rate expected in April

Great Depression-like U.S. job losses, unemployment rate expected in April

The Labor Department’s monthly employment report on Friday is also expected to show the jobless rate surging to at least 16% last month. The...

China’s April trade surplus with US widens to $22.87 billion

China’s April trade surplus with US widens to $22.87 billion

For the first four months of the year, China’s trade surplus with the United States totalled $63.68 billion. BEIJING: China’s trade surplus with the United...

UAE non-oil private sector hits second consecutive record low: PMI

UAE non-oil private sector hits second consecutive record low: PMI

The output and new export orders sub-indices fell sharply, both falling to record lows since the survey began in August 2009. Output tumbled to...

Indonesia first-quarter GDP growth slumps to weakest since 2001

Indonesia first-quarter GDP growth slumps to weakest since 2001

The coronavirus crisis has taken a toll on consumption - the main driver of the economy - investment, tourism and its important commodity exports. JAKARTA:...

Hong Kong’s economy shrunk by record 8.9pc in the first quarter of 2020

Hong Kong’s economy shrunk by record 8.9pc in the first quarter of 2020

The economy shrank by a seasonally adjusted 5.3% in January-March from the previous quarter, versus a revised 0.5% in October-December, advance estimates showed on...

Coronavirus hit Italy economy plunges 4.7pc, as Eurozone witness worst decline

Coronavirus hit Italy economy plunges 4.7pc, as Eurozone witness worst decline

Italy’s latest decline was the biggest since 1995, the national statistics bureau ISTAT reported. One of the countries hardest hit by the coronavirus pandemic, Italy...

Eurozone economy shrinks by record 3.8pc, inflation drops sharply

Eurozone economy shrinks by record 3.8pc, inflation drops sharply

According to Eurostat economic output in the 19 countries sharing the euro in January-March was 3.8% smaller than in the previous three months. The...

Australia’s first-quarter inflation hits 5-1/2-year high

Australia’s first-quarter inflation hits 5-1/2-year high

The headline consumer price index (CPI) rose 0.3% in the first quarter, from the previous quarter, lifting annual inflation to 2.2% from 1.8%. SYDNEY: Australian...

US deficit could quadruple to $3.7 trillion in coronavirus crisis

US deficit could quadruple to $3.7 trillion in coronavirus crisis

US gross domestic product will plunge by nearly 40% on an annualized basis in the second quarter. The federal debt would equal 101% of...

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