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Showing 121 - 130 of 1782 results for %22UK GDP%22

Chief economist update: Fourth wave threatens Olympics, growth outlook

BENJAMIN ONG  |  THURSDAY, 8 APR 2021
... or even reversed to a downgrade at their next outing. The OECD's March 2021 "Interim Outlook Forecasts" has Japan's GDP growing by 2.7% this year - up from 2.3% it forecast it December - and 1.3% in 2022 - up from 1.0%. Similarly, the IMF's ...

Chief economist update: RBA promises support over the next three years

BENJAMIN ONG  |  WEDNESDAY, 7 APR 2021
... international agencies. The IMF's 'World Economic Outlook April 2021' report (released overnight) upgraded Australia's GDP growth to 4.5% this year from 3.5% forecast in January 2021 and 3.0% predicted in October 2020. This is in line ...

Chief economist update: Chinese manufacturing ramps up

BENJAMIN ONG  |  THURSDAY, 1 APR 2021
... Outlook' report pencilled in a 7.8% expansion this year. In January this year, the World Bank (WB) forecast China's GDP to grow by 7.9% in 2021 predicated on "the release of pent-up demand and a quicker-than-expected resumption of production ...

Chief economist update: BOJ has no plans to ease easing

BENJAMIN ONG  |  TUESDAY, 30 MAR 2021
... expand this year, it would expand slower than its peers. The OECD's March 2021 "Interim Outlook Forecasts" has Japan's GDP growing by 2.7% this year. This compares with 6.5% for the US; 3.9% for the Eurozone; and 5.1% for the UK.

Chief economist update: Australia's virtuous cycle keeps on turning

BENJAMIN ONG  |  MONDAY, 29 MAR 2021
... much so, that in its 'Economic Outlook' March 2020 quarter interim report, the OECD upgraded Australia's 2021 GDP growth forecast by 1.3 percentage points to 4.5%. With the Reserve Bank of Australia (RBA) maintaining its guidance to provide ...

Chief economist update: Strike while iron ore cools

BENJAMIN ONG  |  FRIDAY, 26 MAR 2021
... Economic Outlook report pencilled in a 7.8% expansion this year. In January this year, the World Bank (WB) forecast China's GDP to grow by 7.9% in 2021 predicated on "the release of pent-up demand and a quicker-than-expected resumption of production ...

Chief economist update: Hot flashes

BENJAMIN ONG  |  THURSDAY, 25 MAR 2021
... points in the business cycle and closely track the rate of change in key economic variables such as gross domestic product (GDP)." Here are the survey's key findings: The flash US composite output index eased to a reading of 59.1 in March (from the ...

Chief economist update: Powell said, Yellen said

BENJAMIN ONG  |  WEDNESDAY, 24 MAR 2021
... no doubt that the tide of economic growth would continue to rise. This is underscored by the Fed's upgrade to its 2021 GDP growth projection to 6.5% (from 4.2% forecast in December 2020) and an unemployment rate of 4.5% (from 5.0% predicted three ...

Chief economist update: BOE not letting its guard down

BENJAMIN ONG  |  TUESDAY, 23 MAR 2021
... topped by additional stimulus from the Exchequer from a month earlier. "Since the time of that forecast, developments in global GDP growth have been a little stronger than anticipated, and the substantial new US fiscal stimulus package should provide ...

Chief economist update: When 6%-plus growth is deemed too low

BENJAMIN ONG  |  FRIDAY, 19 MAR 2021
GDP growth of over 6% for 2021. Chinese premier Li Kequiang announced this target growth rate at the opening of the fourth session of the 13th National People's Congress (NPC) in Beijing on March 5. Many a time, China's annual economic growth ...