The Latest Breaking News from Economic Growth

Fitch Ratings on June 22, 2023 raised its forecast for India’s economic growth to 6.3% for current fiscal year 2023-24 from 6% it had predicted previously

PM Modi met leading American economist Prof. Paul Romer, investor and co-founder of hedge fund Bridgewater Associates, Ray Dalio, and other eminent thought leaders and exchanged views and briefed them about the reform trajectory of his government to foster economic growth

Australia is on track for two years of below-trend economic growth that may be even weaker than first feared.

The pullback in non-essential spending continues as households scrimp on nice-to-haves so they can meet higher mortgage repayments.

U.S. housing starts unexpectedly surged in May by the most since 2016 and applications to build increased, suggesting residential construction is on track to help fuel economic growth.

Taoiseach Leo Varadkar said the expansion will 'foster new jobs and economic growth'

Household debt has long been a concern for Thailand, impeding consumer spending and hindering economic growth.

New data shows Chinese economic growth slowing, with property investment in steep decline and youth unemployment at a record high. Also, the US Federal Reserve confirms its "hawkish pause" policy, keeping interest rates steady for now but planning for more hikes. Finally, economists name an unlikely culprit for persistent Swedish…

Last month, the Department of Commerce released troubling data on the anemic economy, showing that gross domestic income (GDI) shrank in the previous six months. That’s no surprise to half of Americans who believe we’re currently in a recession, but the data refute President Joe Biden’s claim that the economy…

The latest national accounts tell us Australia’s economy grew by just 0.2% in the three months to March.

A Union Flag was carried by the party accompanying the Prime Minister as he made his way to the monument