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Mining industries account for 8% of Iran’s GDP: Official
By Sadeq Dehqan & Reza Abesh Ahmadlou
UK GDP still looking lean, despite or because of August's discount dinners
Rishi Sunak’s popular “eat out to help out” scheme will be remembered in this week’s publication of third-quarter GDP figures for the major boost it gave Britain’s restaurant trade.
UK GDP collapsed nearly 20% in Q2 in historic COVID hit
Britain suffered a record collapse in economic output in the second quarter of 2020 when COVID-19 lockdown measures were in force and people had few opportunities to spend, though the decline was slightly smaller than first estimated.
Deutsche Bank: Global GDP to hit pre-COVID-19 levels in mid-2021
World economic output will return to its pre-pandemic level by mid-2021 after a stronger-than-expected economic bounce in recent months, Deutsche Bank said on Monday, but bloated debt levels and a shift in policy could heighten the risk of a financial crisis.
German finance minister expects public debt to peak at 80% of GDP
Finance Minister Olaf Scholz said on Monday he expected public debt to reach around 80 percent of Germany’s economic output by the end of the coronavirus crisis, the level it reached at the end of the global financial crisis.
Unprecedented GDP declines push major economies into recession
Simultaneous, unprecedented GDP declines across major economies in 2Q20 revealed the extent of the damage caused by the coronavirus-induced economic crisis, as highlighted in Fitch Ratings' latest '20/20 Vision' chart pack.
UK to plunge into deepest slump on record with worst GDP drop of G7
Britain’s economy will be officially declared in recession this week for the first time since the 2008 financial crisis, as the coronavirus outbreak plunges the country into the deepest slump on record.
Eurozone suffers 40.3% annualized contraction, greatest drop on record
The eurozone suffered its greatest contraction on record, exceeding the US economy’s record plunge.
Statistical Center of Iran: GDP grows by 1.5%
The Statistical Center of Iran (SCI) published its economic data for the Iranian year of 1398 (ended March 19, 2020) which shows the country’s gross domestic product (GDP) grew by 1.55 percent on base-year 2011-2012.
Iran nominal GDP grows by 1.55 percent: SCI
Iran’s Gross Domestic Product (GDP) had a growth of 1.55 percent on the base-year 2011-2012 as reported by the statistical Center of Iran (SCI) on July 5.
US GDP fell at 5% rate in Q1, the worse likely on the way
The US economy shrank at a 5.0 percent rate in the first quarter with a much worse decline expected in the current three-month economic period because of the coronavirus pandemic.
Iran says GDP without oil grew 1.1% in year ending March
The Central Bank of Iran (CBI) issued an initial estimate about economic growth in the country over the last calendar year, saying the gross domestic product (GDP) of the country was up 1.1 percent year-on-year in March 2020, without considering the share of oil revenues in the economy.
Italy GDP may shrink slightly more than 8% in 2020: Economy minister
Italian Economy Minister Roberto Gualtieri said that the country’s economic contraction this year may be slightly worse than the eight percent decline currently forecast by the government.
UK economy contracted by 20.4% in April, the largest monthly fall on record
The UK posted the biggest monthly fall in GDP (gross domestic product) in the country’s history in April, according to the Office for National Statistics.

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