Tag: GDP
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Economy Rebounds: 1.1% Growth in September Quarter Drives Upbeat Outlook
Strong Q3 Performance Lifts Economic Sentiment The economy edged up by 1.1% in the September quarter, defying expectations and signaling renewed momentum after a tougher spell earlier in the year. The quarterly rise, paired with a year-on-year increase of 1.3%, suggests the economy is regaining some of its footing, supported by a broad mix of…
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IMF Forecasts Slower Philippines Growth in 2025, Mitigated by 2026 Rebound
Overview: A slower trajectory for the Philippine economy The International Monetary Fund (IMF) forecasts a softer growth path for the Philippines, with gross domestic product (GDP) expanding by 5.1% in 2025 before picking up to 5.6% in 2026. The revised outlook reflects a mix of domestic headwinds and external pressures that are dampening export demand…
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Telecom Sector Posts 5.78% Real Growth in Q3 2025: Nigeria’s Resilient Digital Boom
Overview: A Quiet but Solid Expansion Nigeria’s telecommunications sector delivered a noteworthy performance in the third quarter of 2025, recording a real growth rate of 5.78 percent. This comes despite a modest quarterly dip, underscoring the sector’s resilience and its critical role in driving digital transformation across the economy. The latest release from the National…
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Is Canada in a Recession? Friday GDP Data Could Decide
Is Canada in a Recession? What Friday’s GDP Data Could Reveal Canada’s economic fate hangs on a set of crucial statistics due to be released this Friday by Statistics Canada. While headlines have buzzed with speculation for weeks, the upcoming GDP reports aim to provide a clearer picture of whether the country has slipped into…
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Is Canada in a Recession? What Friday’s GDP Data Could Show
Will Canada Enter a Recession? The Question on Everyone’s Minds As economists and ordinary Canadians await fresh data, the big question remains: is Canada in a recession? A recession is typically defined as two consecutive quarters of negative economic growth, but the practical signals that define a recession for households and businesses often come in…
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Singapore hikes 2025 GDP growth forecast to about 4% after strong Q3
Singapore raises 2025 GDP forecast to about 4% Singapore on Friday upgraded its official growth outlook for 2025 to around 4 percent, up from a prior projection of 1.5 percent. The upgrade follows a stronger-than-expected third quarter, where the city-state’s economy outperformed consensus estimates in several key sectors. The revision underscores confidence that the domestic…
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Minority Alleges Illegal Withdrawal of GH¢1.4 Billion From DACF Account
Overview of the Allegation The Minority in Parliament has raised serious concerns about the management of the District Assemblies Common Fund (DACF), accusing the Minister of Finance and the Controller and Accountant General of unlawfully withdrawing GH¢1.4 billion from the DACF account held at the Bank of Ghana. The claim centers on what the Minority…
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What Marcos Can Do to Accelerate Growth in 2025: Policy Measures for a Slower Economy
Rising to the Challenge: Why Growth Slowed in 2024 The latest third-quarter GDP figure of 4% underscored a fragility in the Philippine economy, with external headwinds, supply disruptions, and domestic bottlenecks dampening momentum. To restore confidence and lift growth above the 5% target, the Marcos administration must adopt a coordinated set of policy actions that…
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South Korea Q3 GDP Surges, Fastest in Over a Year
Strong Q3 Growth Beats Expectations South Korea’s economy expanded at its fastest pace in more than a year in the third quarter, with advance GDP data from the Bank of Korea showing a 1.7% year-on-year increase. This outpaced economists’ expectations, who had penciled in a 1.5% rise. On a quarter-on-quarter basis, GDP grew by 1.2%,…
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South Korea Q3 GDP jumps 1.7% on strong exports driving growth
South Korea’s economy accelerates in Q3, beating expectations South Korea posted robust third-quarter growth, with a year-on-year GDP expansion of 1.7% that outpaced economists’ expectations. The advance estimates from the Bank of Korea (BoK) show a noticeable acceleration from Q2, when growth was 0.6% year on year. The quarterly figure also topped forecasts, underscoring a…