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Showing 161 - 170 of 302 results for "Real GDP"

Thrilla in Australia

BENJAMIN ONG  |  FRIDAY, 24 FEB 2012
... European Commission (EU) said last night: "Against the backdrop of a waning growth momentum and continued low confidence, real GDP is expected to remain unchanged in the EU (0.0%) and to shrink by 0.3% in the euro area in 2012. This constitutes a downward ...

Enough of Greece

BENJAMIN ONG  |  THURSDAY, 9 FEB 2012
... me to learn that nothin' comes for free The price I've paid is high enough for me." Yes, and what price it was. Greek real GDP contracted by 5.5% in the year to the first quarter of 2011. Unfortunately, this is the latest available data I could find ...

Nikkei not nice

BENJAMIN ONG  |  WEDNESDAY, 1 FEB 2012
... latest Bank of Japan (BOJ) growth projections. The BOJ have revised its economic forecasts to show a 0.4% contraction in real GDP when Japan's fiscal year ends next month, down from the 0.3% positive growth it predicted only last October. This is not ...

Forecasts shmorecasts

BENJAMIN ONG  |  WEDNESDAY, 25 JAN 2012
... from 4.9 percent in 2007." Hmmm...global growth will slow just a few notches in 2008, eh? Actual fourth quarter 2008 real GDP growth was clocked at 2.8%. The IMF's forecast was clouded by the boom of previous years so much so that even six months later ...

Wolf, wolf

BENJAMIN ONG  |  THURSDAY, 19 JAN 2012
... deceleration Australia's economy has ever seen." Sharpest deceleration? What? Where? When? Heck, the 0.7% fall in Australia's real GDP in the December quarter of 2008 was only less than half of the 1.5% quarter-on-quarter contraction recorded in the ...

Half-filled empty glass

BENJAMIN ONG  |  WEDNESDAY, 30 NOV 2011
... economy after the strong third quarter surge. In the UK, the British government slashed its economic growth forecasts. Real GDP growth is now expected at 0.9% this year (nearly half of the earlier prediction of 1.7%) and 0.7% next year (down from the ...

Treasury predicts growth, $20b revenue loss

CLAIRE MCGREAL  |  TUESDAY, 29 NOV 2011
... payments, including funds to the Queensland flood recovery effort, as well as global economic conditions for the deficit. Real GDP is now expected to grow by 3A1/4 per cent in 2011-12 and 2012-13, downgrades of A3/4 of a percentage point in 2011-12 and ...

Dead calm

BENJAMIN ONG  |  WEDNESDAY, 23 NOV 2011
... austerity measures. The US economy continues to meander along the expansion path, although perhaps too slow for some. US real GDP was revised lower to show the economy grew at an annualised rate of 2.0% instead of the first estimated 2.5%. Bad headline ...

Perspective not perplexing

BENJAMIN ONG  |  TUESDAY, 15 NOV 2011
... recession. But - of course there's a but - equity markets are reacting as if the world would contract like it's 2008/09. Real GDP (quarterly change, %) US Euro Jap Ger Ita Fra UK Aus Q1 2008 -0.44 0.84 0.76 1.07 0.41 0.36 0.02 1.13 Q2 2008 0.33 -0.39 ...

Weekend worries

BENJAMIN ONG  |  FRIDAY, 11 NOV 2011
... 1.4% increase in exports offsetting a 0.3% gain in imports - suggesting an upward revision to the initial estimate of real GDP growth of 2.5%. There's good news on its fiscal accounts too, with the budget deficit declining to US$98.5 bil in October from ...