Tag: Gross domestic product

EconomyTrade

China’s Economic Expansion Moderates Amid Trade Tensions and Property Sector Challenges

China’s economic growth moderated in the third quarter amid ongoing trade tensions and property market challenges. The latest data shows GDP expanded 4.8% year-on-year, down from previous quarter’s 5.2% growth.

Economic Growth Moderates in Latest Quarter

China’s economic expansion showed signs of moderation in the third quarter, with GDP growing 4.8% year-on-year between July and September, according to recent reports. This represents a slowdown from the second quarter’s 5.2% growth rate, sources indicate, as the world’s second-largest economy navigates ongoing trade tensions and persistent property sector challenges.

by Natalie Brooks
Economy and Trading

UK Economy Shows Modest Growth Amid Budget Challenges

The UK economy expanded 0.1% in August, matching economist forecasts, while showing improvement from July’s revised contraction. Chancellor Rachel Reeves faces mounting pressure as she prepares for a challenging November budget amid significant fiscal constraints.

UK Economy Records Modest Growth in August

The UK economy grew 0.1 per cent in August, matching expectations, according to reports from the Office for National Statistics. The monthly gross domestic product figure aligned with forecasts from economists polled by Reuters and represented an improvement from the revised 0.1 per cent decline recorded in July.

by Darren Holt