Gdp m m news
Here are the latest news and updates on GDP (Gross Domestic Product):
Global GDP News
- World GDP growth slows down: The International Monetary Fund (IMF) has lowered its forecast for global GDP growth to 3.3% in 2023, citing rising inflation and interest rates. (Source: Reuters)
- US GDP growth slows down: The US GDP growth rate slowed down to 2.1% in the fourth quarter of 2022, down from 3.2% in the previous quarter. (Source: Bureau of Economic Analysis)
- China's GDP growth slows down: China's GDP growth rate slowed down to 4.8% in the fourth quarter of 2022, down from 5.5% in the previous quarter. (Source: National Bureau of Statistics of China)
Country-specific GDP News
- India's GDP growth accelerates: India's GDP growth rate accelerated to 8.7% in the third quarter of 2022, driven by strong consumer spending and government spending. (Source: Ministry of Statistics and Programme Implementation)
- Japan's GDP growth slows down: Japan's GDP growth rate slowed down to 1.3% in the fourth quarter of 2022, down from 2.3% in the previous quarter. (Source: Ministry of Internal Affairs and Communications)
- Eurozone GDP growth slows down: The Eurozone's GDP growth rate slowed down to 0.3% in the fourth quarter of 2022, down from 0.5% in the previous quarter. (Source: Eurostat)
GDP-related News
- GDP vs. GNP: The difference between GDP and GNP (Gross National Product) is that GNP measures the income earned by a country's citizens, while GDP measures the income earned within a country's borders. (Source: Investopedia)
- GDP deflator: The GDP deflator is a measure of inflation that is calculated by dividing the current year's GDP by the previous year's GDP, and then subtracting 1. (Source: Federal Reserve Economic Data)
- GDP and employment: GDP growth is often linked to employment growth, as an increase in GDP can lead to an increase in job creation. (Source: Bureau of Labor Statistics)