Canada’s economy lost momentum after a strong start to the year and is tracking below the central bank’s latest forecast, supporting expectations a first cut to interest rates could come before summer.
Dollar’s rebound is picking up momentum in early US session, bolstered by latest Employment Cost Index which rose by 1.2% in Q3, marking the fastest pace since Q3 2022. This unexpected acceleration in employment costs adds to a series of…
Canada’s GDP grew 0.2% mom in February, below expectation of 0.3% mom. Services-producing industries (+0.2%) led the growth for a second month in a row. Goods-producing industries aggregate was essentially unchanged. Overall, 12 of 20…
Last week, the Prime Minister increased defence spending to 2.5% of our GDP by 2030, this would make Britain the biggest defence power in Europe. This is no mean feat, and is an absolutely vital tool in ensuring that British values and…
Eurozone GDP grew 0.3% qoq, 0.4% yoy in Q1, better than expectation of 0.1% qoq, 0.2% yoy. EU GDP grew 0.3% qoq, 0.5% yoy. Among the Member States for which data are available, Ireland (+1.1%) recorded the highest increase compared to the…
The International Monetary Fund (IMF) says the critical mineral deposits in sub-Saharan Africa (SSA) can boost the region's Gross Domestic Product by 12% in 2050.
On Tuesday, we expect Canadian gross domestic product in February to show a more subdued 0.1% increase than the 0.6% jump in January and below the 0.4% advance estimate released a month ago. The surge in January output was in part tied to…
Get latest articles and stories on India at LatestLY. Economic think-tank National Institute of Public Finance and Policy (NIPFP) on Friday said it has estimated India's GDP growth at 7.1 per cent for the current fiscal, using high…