Category: Worldwide Economic Data

Instantly update worldwide economic data from worldwide financial media, and summarize those economic data with summary & link for the one who wanted to catch up economic atmosphere in timely manner.


IHS Markit sees lower PH growth

IHS Markit expects Philippine gross domestic product (GDP) to expand below the government target this year as the recent surge in coronavirus disease 2019 (Covid-19) cases is likely to constrain economic recovery.. In a report…

Debt-Fueled Spending Won’t Create Growth

“History teaches us that although investments in productive capacity can in principle raise potential growth and r* in such a way that the debt incurred to finance fiscal stimulus is paid down over time (r-g<0), it turns…

Who’s really afraid of US inflation?

US inflation US consumer prices for March are due out Tuesday and markets are ready to scour the data for signs that massive stimulus spending is spurring inflation.. Rising inflation expectations helped ignite a first-quarter…

‘India needs to grow faster to make up for contraction’

India, which is projected to grow at an impressive rate of 12.5 per cent this year, needs to grow at a much faster pace to make up for the unprecedented contraction of eight per cent that it clocked during the Covid-19 pandemic…

India needs to grow faster to make up for contraction: IMF

India, which is projected to grow at an impressive rate of 12.5 per cent this year, needs to grow at a much faster pace to make up for the unprecedented contraction of eight per cent that it clocked during the Covid-19 pandemic…

Moneycontrol Pro Weekender | Dancing with the Virus

A girl wearing a protective mask reacts as she is splashed with coloured water during Holi celebrations amid coronavirus precautions, in Chennai.. Reuters) The disconnect between the Indian equity markets and the growing…

Inflation this year to be kept within range

(Photo by Jia Minjie/for China Daily) Any major risks brought by surging inflation will remain at bay in China over the coming months amid falling pork prices and a moderate recovery in domestic demand, officials and…

Tech shares lead US rally after Fed reassurances

US tech shares led a Wall Street rally after Federal Reserve Chairman Jerome Powell assured that inflation was not a worry.. European stocks were subdued yesterday while most Asian markets retreated as traders looked ahead…

China factory data sparks global inflation concern

BEIJING • China’s factory prices hit a more than two-year high last month, data showed yesterday, highlighting the country’s strong recovery but feeding concerns that it could filter through to the global economy just…

Stocks Move Higher as Inflation Readings Top Forecasts

AFP via Getty Images Stocks crept higher in quiet trading Friday as investors looked past stronger-than-expected global producer inflation data and instead focused on the outlook for corporate earnings.. While stronger-than-expected…

Interest rates fall, but deposits shine on; grow 11.4% in FY21

Despite over a 100-basis point decline in interest rates, bank deposits surged by 11.4 per cent during the financial year ended March 2021, as against 7.9 per cent in the previous year.. However, credit growth declined to…


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