Germany's Federal Statistical Office (Destatis) confirmed the 0.1 % contraction of Gross Domestic Product in the second quarter of 2024.
Ruth Brand, president of Destatis, noted that this contraction comes after a slight increase of 0.2 % in the previous quarter.
Analysts, including the Federal…
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GDP
The Fed keeps interest rates between 5.25 % and 5.5 %
This Wednesday, the Fed announced through an official statement that the United States will maintain interest rates between 5.25 % and 5.5 %.
The body indicated that “in considering any adjustment to the price of money, the Committee will…
Peru achieved economic growth of 4 % in April and May
The Minister of Economy and Finance of Peru, José Arista, indicated on Friday, June 14, that the country's Gross Domestic Product (GDP) grew 4 % in April and May.
According to the official, the measures implemented by the government have…
IMF forecasts economic growth of 4 % for Venezuela at the end of 2024
The economic growth forecast of the International Monetary Fund for Venezuela, at the end of 2024, is 4 %. It would be the highest index in the region.
According to the latest IMF report, “World Economic Outlook”, Venezuela's GDP at the…
Brazil’s GDP grew slightly in 2023
The Brazilian Institute of Geography and Statistics (IEBG) reported a slight growth of 2.9 % in the GDP of the South American country in 2023.
According to the information released on Friday, March 1, by the IBGE, the agricultural sector…
IMF predicts a contraction in Latin America’s GDP
Argentina’s economic crisis, which will contract by 2.8% in 2024, has led the International Monetary Fund (IMF) to cut Latin America and the Caribbean’s growth forecast for this year by 0.4 percentage points, to 1.9%.
This is indicated by…
UN forecasts 1.6% growth in Latin America’s GDP
The United Nations (UN) forecasts lower economic growth for Latin America and the Caribbean in 2024, projecting a 1.6% increase in regional GDP, compared to an estimated 2.2% increase in 2023.
This forecast is attributed to restrictive…
Cuba to promote an economic stabilization program to overcome the crisis
Within the framework of the 7th plenary session of the Central Committee of the Communist Party of Cuba (PCC), concluded this Saturday in Havana, an ambitious macroeconomic stabilization program has been discussed and evaluated. This…
Mexico among Latin countries with the least debt
Gabriel Yorio, Undersecretary of Finance and Public Credit of the Government of Mexico, assured that Mexico will maintain one of the lowest levels of debt in relation to its Gross Domestic Product (GDP) in Latin America, despite the budget…
G20 GDP had a slowdown in growth during the second quarter of the year
The G20 Gross Domestic Product (GDP) experienced a slowdown in the second quarter, registering growth of 0.7 %, three tenths less than in the previous quarter. China played a significant role in this phenomenon, although most of the world's…
Inflation in Paraguay falls to 2.9 % year-on-year in August
The Paraguayan Consumer Price Index (CPI) fell six tenths in August compared to the previous month and now stands at 2.9 % year-on-year, very close to the target range, according to what the Central Bank of Paraguay disclosed on Monday.…
Colombia forecasts economic growth and inflationary challenges
The Colombian Government has released its calculations regarding the expected increase in the country's Gross Domestic Product (GDP) for this year, setting the estimates between 1.8% and 2%, as reported by Europa Press on August 17, 2023.…