The Office of National Statistics has reported UK GDP fourth quarter 2009 growth of 0.1% that brings Britain's worst recession since the Great Depression to an end that saw GDP shrink by -6.2%. However 0.1% for Q4 is not economic growth, rather it...
(Update3) South Korea’s economic growth eased
in the three months through December to the slowest pace in
three quarters as exports, consumer demand and government
spending declined.
(Update1) South Korea’s economic growth eased
in the three months through December to the slowest pace in
three quarters as exports, consumer demand and government
spending declined.
India's economic growth is likely to return to pre-crisis levels in the next fiscal year, driven by strong industrial and agriculture growth, a recent review by a think tank showed.
India's October-December quarter economic growth is expected to be lower than the previous quarter, federal chief statistician Pronab Sen said on Thursday, due to a contraction in farm output.
(Update2) China’s growth rate accelerated to
the fastest pace since 2007 in the fourth quarter, signaling a
need to rein in credit growth that threatens to destabilize the
world’s fastest-growing major economy.