GDP growth News

South Korea's Economic Growth Slows to 1.2% in Q4 2024, Marking the Slowest Expansion Since 2023

South Korea's GDP growth slowed to 1.2% in Q4 2024, marking the slowest expansion since Q2 2023. Despite a minimal quarterly increase and missing estimates, the full-year growth im...

South Korea's GDP Growth Forecast for 2025 Adjusted Downward Amid Political Uncertainties

The Bank of Korea has revised its 2025 GDP growth forecast downward to 1.6-1.7%, citing political uncertainty and government budget cuts as key factors. Efforts to stabilize econom...

Asian Markets React to Latest Chinese Economic Data with Mixed Results

Asian stock markets showed mixed reactions to the latest Chinese economic data, including GDP growth, retail sales, and industrial production. Japan's Nikkei 225 declined, while Ch...

FICCI Adjusts India's Economic Outlook: GDP Growth Forecast Revised to 6.4%, Inflation at 4.8%

FICCI revises India's GDP growth forecast to 6.4% for FY 2024-25, with inflation expected at 4.8%. The report highlights sector-wise growth, inflation trends, and the potential for...

Uncertain Economic Outlook: Fed's Williams Highlights Policy Impacts on Growth and Inflation

Federal Reserve Bank of New York President John Williams discusses the uncertain economic outlook, highlighting the impacts of various policies on growth and inflation. He projects...

India Set to Leap to 4th Largest Global Economy by 2026 with Robust GDP Growth

India is projected to become the fourth largest global economy by 2026, with a GDP growth of 6.8% in FY25 and 7.7% in FY26. PHDCCI proposes tax reforms and anticipates a rate cut t...

IMF Predicts Slight Economic Slowdown for India by 2025 Amid Global Uncertainties

IMF's Kristalina Georgieva forecasts a slight economic slowdown for India by 2025, amidst global uncertainties and policy challenges. The US outperforms, EU stalls, and India faces...

Indian Stock Market Faces Volatility: BSE Sensex Drops Over 200 Points, Nifty50 Struggles Below 23,650

The Indian stock market faced a downturn with BSE Sensex and Nifty50 opening in the red. Analysts attribute the volatility to reduced GDP growth forecasts and anticipation of third...

Singapore's Economy Surges: A 4.0% Growth in 2024 Signals Robust Recovery

Singapore's economy experienced a significant 4.0% growth in 2024, with a 4.3% rise in GDP in the fourth quarter. Experts predict continued growth in 2025, driven by shifting suppl...

Navigating the Market: Q3 Earnings, FPI Movements, and Global Trends Shape Investor Sentiment

Domestic stock markets are focusing on Q3 earnings, FPI trends, and key economic indicators. US National Security Adviser's visit and GDP data release are also crucial. FPIs starte...

Xi Jinping's Economic Optimism Fuels 1% Surge in Oil Prices

Crude oil prices rose by more than 1% in early 2025 following China's President Xi Jinping's positive economic outlook, predicting a 5% GDP growth for 2024 and plans for proactive ...

Japan Slashes 2024 GDP Growth Forecast to 0.4% Amid Industry Scandals and Export Decline

Japan's Cabinet Office has revised its 2024 GDP growth forecast down to 0.4% due to an automotive industry scandal and a decline in exports, while keeping the 2025 growth estimate ...

Festive Season and Rural Demand to Drive India's Economic Recovery, Says RBI

The RBI expects India's economic growth to improve post-festive season and rural demand surge, with agricultural and industrial activities showing recovery signs.

Fed's Rate Cut and GDP Growth: US Markets React with Mixed Results

US stock markets closed mostly lower after the Federal Reserve's 25-basis-point rate cut and the announcement of a 3.1% GDP growth in Q3 2024. The euro was flat against the dollar.

Swiss National Bank Forecasts Moderate GDP Growth in 2024 Amid Global Uncertainties

The Swiss National Bank projects a 1% GDP growth for 2024, acknowledging global uncertainties as main risks but anticipating a moderate expansion supported by a more accommodative ...

Swiss National Bank Cuts Interest Rate Amid Declining Inflation

The Swiss National Bank has lowered its policy rate by 50 basis points to 0.50% amid decreasing inflationary pressure. The bank forecasts inflation rates and GDP growth, while noti...

ADB Cuts India's GDP Growth Forecast: What's Behind the Downgrade?

The ADB has lowered India's GDP growth forecast to 6.5% from 7% due to slower-than-expected second quarter growth, affected by manufacturing slowdown and lagging government spendin...

Sanjay Malhotra Assumes Role as 26th RBI Governor Amid Economic Challenges

Sanjay Malhotra assumed the role of the 26th governor of the Reserve Bank of India, welcomed by senior staff. His appointment comes amid economic challenges, with GDP growth at 5.4...

Typhoons Slow Philippine GDP Growth, but Future Looks Promising: World Bank

The Philippine economy is expected to grow more slowly than first thought this year after the country was hit by a series of typhoons but should be more robust in 2025 and 2026, th...

South Korea's 2025 GDP Growth Forecast Revised Down to 2.1% by OECD

The OECD has revised its forecast for South Korea's GDP growth in 2025 to 2.1%, down from 2.2%. This projection surpasses forecasts from the IMF, KDI, and the Bank of Korea, and is...

South Korea's 2025 Economic Outlook: A Challenging Year Ahead

The Korea Institute for Industrial Economics and Trade (KIET) has released its economic and industrial outlook for 2025, projecting South Korea's real gross domestic product (GDP) ...

Fed's Williams: Gradual Policy Adjustments Ahead Amid Economic Stability

Federal Reserve Bank of New York President John C. Williams described the US economy as nearing equilibrium in a speech, emphasizing the Fed's commitment to guiding inflation to it...