U.S. Records Surprise Growth Rate in Q4
The U.S. recorded a surprise growth rate in the third quarter. Analysts say that consumers are likely to fall into ...
Tag: Gross domestic product
Indonesia Declares First Recession in 22 Years
Indonesia officially announced the first recession since 1998. The country reported a 3.49% contraction in Q3. The government is aiming ...
BSP Cuts Reserve Requirements for Smaller Banks
Bangko Sentral ng Pilipinas (BSP) on Tuesday ordered the release of more liquidity into the local economy, this time through ...
Gross Borrowings Surged by 593% due to COVID-19
With more loans to fund the response to COVID-19 that flowed during the first full month of lockdown, gross borrowings ...
Gross Revenues of Major Industries Down 4.9% in Q1
The government reported on Thursday, in addition to the economic contraction during the first quarter, the gross revenues of major ...
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