The country’s gross domestic product from April through June declined 4 percent from a year earlier, new government data shows.
Tag: Gross Domestic Product
Russia’s economy contracts sharply as war and sanctions take hold.
The country’s gross domestic product from April through June declined 4 percent over last year, new government data shows.
Your Friday Briefing: Biden and Xi’s Fraught Phone Call
Also, U.S. G.D.P. declined again and an Australian law against foreign meddling will be tested.
Russia’s Other Contest With the West: Economic Endurance
Which side can maintain domestic support as the war costs regular citizens could also determine the outcome in Ukraine.
India’s Economy Still Weak, Despite a Strong Third Quarter
Covid-19 essentially robbed the country of more than a year of badly needed economic growth. That’s lost ground that cannot be regained quickly.
The U.K.’s Economic Recovery Slowed in the Third Quarter
The economy grew 1.3 percent in the third quarter, down from 5.5 percent growth in the previous three months.
China’s GDP Growth Slows as Property and Energy Take a Toll
Growth of 4.9 percent shows the country’s huge industrial sector has run into trouble. But exports and services are looking strong.
India’s Economic Figures Belie Covid-19’s Toll
Strong results compared with last year’s performance mask lingering weaknesses that could hold back needed job creation.
Japan’s Economy Returns to Growth, but Virus Threat Looms
Even as other major economies have roared back to life, Japan’s has been stuck in a cycle of growth and contraction.
Japan’s Yo-Yoing Economy Shrinks as Virus Spreads and Vaccinations Lag
The country has experienced cycles of growth and contraction in domestic consumption as the pandemic has waxed and waned.