National Institute of Economic and Social Research (NIESR)’s Post

🔸 In the 2nd quarter of 2024, seasonally adjusted #GDP increased by 0.2% in both the euro area and the EU, compared with the previous quarter, according to #Eurostat. In the first quarter of 2024, GDP had grown by 0.3% in both zones. 🔸 Compared with the same quarter of the previous year, seasonally adjusted #GDP increased by 0.6% in the euro area and by 0.8% in the EU in the 2nd quarter of 2024, after +0.5% in the euro area and +0.7% in the EU in the previous quarter. 🔸 Poland (+1.5%) recorded the highest increase of #GDP compared to the previous quarter, followed by Greece (+1.1%), the Netherlands (+1.0%), Spain and Croatia (+0.8%) and Cyprus (+0.7%). #cyprus #economy

#UK #GDP: stronger than expected rebound gives BoE more time to assess #inflation #outlook, underlying trend still not clear, but #Q2 GDP set to maintain solid #Q1 pace, barring a #June setback Click here to read: https://lnkd.in/gjSPgv5t

In the chart created by Joseph Politano, we can see that US real GDP growth annualized was 2.8% in Q3, driven mostly by increased consumption. #gdp #growth #USA SOURCE: https://loom.ly/R1QBAc4

#WeekendReading ⏰ Our latest #GDP Tracker suggests that the #recession is in the rearview mirror as the UK Economy gains momentum 🔃 GDP is expected to grow by 0.4 per cent in the first quarter of 2024 📈 Read more in our full analysis ⬇️🔓 https://hubs.la/Q02sGcsz0

Real GDP has been estimated to grow 8.2% in FY 2023-24 as compared to the growth rate of 7.0% in FY 2022-23. #IndiaGDP #IndianEconomy #GDP #RealGDP

A recent report by the Office for National Statistics (ONS) has revealed that the UK’s real gross domestic product (GDP) per head remains 0.6% below pre-pandemic levels as of mid-2024, despite a 2.9% growth in total GDP since 2022. Read more ⬇️ https://lnkd.in/e-RcuhSx #GDP #nationalstatistics #growth #finances

OTP Research: weak GDP growth with unfavourable structure in Q2 points to structural problems and delay in recovery. Please click to read the full report. 👇 https://lnkd.in/dtxR7mS3 #otpresearch #otpglobalmarkets #gdp

Gross Domestic Product (GDP) measures the annualized change in the inflation-adjusted value of all goods and services produced by the economy. It is the broadest measure of economic activity and the primary indicator of the economy's health. Usual Effect: Actual > Forecast = Good for currency Frequency: Released monthly. There are 3 versions of GDP released a month apart - Advance, second release and Final. Both the advance the second release are tagged as preliminary in the economic calendar. #vpfx #usa🇺🇸 #dollar #gdp #forexbroker #forexnews #forexmarket

🆕 Q3 2024 Update: Gross domestic product (GDP) growth in the OECD remains stable at 0.5%, according to provisional estimates. 🌍 G7 growth remained stable at 0.5% in Q3 2024. GDP growth accelerated in France & rebounded in Germany, was stable in the US, and slowed in Canada, Italy, Japan and the UK. 📊 Among OECD countries for which data is available, the largest falls were recorded by Hungary, Latvia, and Sweden. The largest increases were shown in Ireland, Lithuania and Mexico. Check out the full breakdown and find out more 👉 t.ly/Bp4VY #GDP #OECDStats

2 December 2024 ITALY’S GDP Encouraging recovery in consumption, concerns for investments #Italy’s #GDP came to a halt in 3Q24, but today’s demand breakdown showed an encouraging recovery in #householdconsumption. The negative contribution by #netexports should be transitory if #globaltrade does not deteriorate. The weakness in ‘other buildings and structures’ should prove transitory, as #NGEU/NRRP public works will strongly contribute to it ahead of the mid-2026 EU deadline. Instead, the prolonged weakness in #industry and the adverse turn in #privateinvestment are of concern. Today’s reading does not significantly change my outlook and narrative, although the contributions to #GDP growth have become more divergent. Recent #leadingindicators do not project a rebound in 4Q24 GDP. However, given the 3Q24 GDP composition, a decent 0.2% qoq growth is likely, making for an overall 0.7% GDP growth forecast for the whole year (unchanged). (check with me for full commentary; institutional investors only)