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Stories published on Jun 12
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  • Stories published on Jun 12

Wednesday, Jun 12

20

Economist claims wet weather is reason UK GDP flatlined in April

www.independent.co.uk

The UK economy recorded no growth in April after wet weather dampened consumer spending, according to the Office for National Statistics (ONS).

17

Pakistan's donkey population surges to nearly 60 lakh but country misses GDP growth target: Economic Survey

www.indiatvnews.com

The recent Pakistan Economic Survey for 2023-24 revealed a notable increase in the country's donkey population, which has now reached 5.9 million. This marks a growth of 1.72 per cent compared to the previous fiscal...

16

UK GDP stagnated in wet April; markets surge as US inflation falls – business live

www.theguardian.com

UK GDP failed to grow in April, as wet weather hit retailers and construction firms, while US inflation has slowed to 3.3%

15

Latest News | Digital Divide Costing World Billions of Dollars in Lost GDP Each Year: Study

www.latestly.com

Get latest articles and stories on Latest News at LatestLY. Chronic technological gaps are costing the world billions annually, and AI may worsen the issue, a study warned, highlighting the need for bridging the digital divide to boost…

14

UK GDP grew 0.7% in three months to April 2024

Estimates from the ONS reported zero month-on-month growth in April, despite the service sector outperforming the economy as a whole with 0.9% growth.

13

GBP/USD: Cable Remains Constructive Despite Weak UK GDP Numbers, All Eyes on US CPI/Fed

www.actionforex.com

Cable ticked higher in European trading on Wednesday, showing no significant reaction on overall negative UK economic data (GDP was flat in April/construction and manufacturing output fell sharply) as traders await release of US CPI data…

World Bank Retains Nigeria’s 2024 GDP Growth Forecast At 3.3%

newtelegraphng.com

Former Vice President Atiku Abubakar yesterday said despite nurturing democracy for a quarter of a century in Nigeria, it has continually failed to deliver the promises of prosperity and liberty to the people. Atiku in a statement…

10

World Bank Says India To Remain Fastest-Growing Economy, To Log 6.7% GDP Growth in Next Three Years

www.latestly.com

Driven by strong domestic demand, surge in investment and robust services activity, India will remain the fastest growing economy in the world, clocking a steady growth of 6.7 per cent for the next three fiscal years, the World Bank has…

UK GDP flatlines as PM Sunak pins election campaign on economy

www.cnbc.com

Economists polled by Reuters had expected growth to flatten, after the economy expanded by 0.4% in March.

09

BUSINESS LIVE: UK GDP flatlined in April; DFS makes profit warning; Legal & General unveils new strategy

www.dailymail.co.uk

Among the companies with reports and trading updates today are DFS, Legal & General, Safestore, Checkit, and Frontier Developments.

World Bank: India to maintain fastest-growing economy status, expected to achieve 6.7% GDP growth in..

www.dnaindia.com

The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent made in January.

GDP flatlines in headache for Rishi Sunak ahead of the General Election

www.express.co.uk

The ONS also reported that the total underlying trade deficit narrowed slightly by £0.3bn to £10.1bn in the 3-months to April 2024.

UK GDP holds steady in April as services offset declines in production and construction

www.actionforex.com

UK GDP showed no growth in April, aligning with market expectations. The data reveals a mixed picture, with certain sectors compensating for declines in others. Services output grew by 0.2% mom, marking its fourth consecutive month of…

07

06

Business News | World Bank Raises GDP Projection, Says India to Keep Its Fastest-growing Economy Tag

www.latestly.com

Get latest articles and stories on Business at LatestLY. The World Bank has upwardly revised India's GDP growth forecast for the current financial year 2024-25 by 20 basis points to 6.6 per cent from its earlier projection of 6.4 per cent…