According to data from the Federal Statistical Office (Destatis), the German economy contracted during the second quarter of 2025, reflected in a 0.3 % drop in Gross Domestic Product.
Among the causes of this contraction are the turbulence in global trade that is affecting domestic economic…
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economic contraction
IMF cuts GDP growth projection for Latin America and the Caribbean
The International Monetary Fund estimated a slowdown in GDP growth for Latin America and the Caribbean in 2025, according to the organization in its World Economic Outlook report, released last week.
This cut is primarily due to a 0.3 %…
Brazil’s economy contracted in September
In a recent report, the Central Bank announced that Brazil's economic activity experienced a contraction of 0.06 % in September compared to the previous month, reaching its lowest point since January. The monthly index of economic activity,…
Venezuela registers two consecutive quarters of economic contraction
The Venezuelan economy registers a 7 % drop, after two consecutive quarters of contraction. This has been indicated by the Venezuelan Finance Observatory, OVF.
The agency has indicated this Wednesday that a new recessive cycle is…
China’s GDP contracted in the second quarter of the year
China's Gross Domestic Product (GDP) registered a contraction of 2.6 % in the second quarter of the year compared to the previous three months, when it had grown by 1.4 %, as a result of the impact of the restrictions to contain the spread…
Economic growth in Latin America will be 6.3 %
The International Monetary Fund (IMF) published the new estimates on economic growth for Latin America in 2021, raising them to “6.3 %, that is, half a point above its July forecast, thanks mainly to the good development of the raw material…