Tag: GDP
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Singapore’s upgraded economic outlook a ‘bullish signal’ of AI-driven expansion, but other sectors also contributing: Experts
Several economists upgraded their growth forecasts for Singapore following a strong showing in the second quarter.
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Singapore raises 2026 GDP growth forecast to 4.5%-5.5%; economy grew 5.9% in Q2
The Ministry of Trade and Industry said the outlook for the rest of the year has improved due to stronger AI-related spending and a less severe-than-feared impact from the Middle East conflict.
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US economic growth slows in second quarter, missing expectations
WASHINGTON: The United States saw slowing growth in the second quarter, the Commerce Department said on Thursday (Jul 30), with the fallout from President Donald Trump’s Iran war weighing on the world’s largest economy.GDP grew at a sluggish annualised rate of 1.5 per cent in the second quarter, the Bureau of
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Singapore’s economy grew 5.7% in Q2, easing from 6.3% in previous quarter: Advance estimates
The manufacturing sector grew 12.2 per cent in the April to June period, compared with the same months a year ago.
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Extreme heat in Europe: Which countries face the biggest costs?
France, Spain and Italy are among the European economies most exposed to the growing economic costs of extreme heat, which could reduce output by as much as 7% in some countries by 2030, Allianz Trade estimates.
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Pakistan economic survey projects real GDP growth at 3.7% in FY26
ISLAMABAD, June 11 : Pakistan’s annual economic survey projected real GDP growth at 3.7 per cent for the fiscal year ending June 2026, according to the report released on Thursday.Here are some details from the report:• Average CPI inflation was seen at 6.7 per cent in the July-May period, the survey
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Eurozone economy shrinks by 0.2% in the first quarter of 2026
The 21-member euro area has entered negative territory for the first time in over a year, with a dramatic Irish contraction masking more nuanced performances across the bloc’s major economies.
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OECD cuts 2026 global growth forecasts over Mideast war fallout
If energy disruption persists well into next year, some economies could fall into outright recession, with Asian countries reliant on Middle East energy supplies expected to be hit hardest.
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