0832 GMT June 28, 2022
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India's growth slowed further in the first three months of 2022, the National Statistics Office (NSO) said Tuesday, with inflation and higher oil prices denting a post-pandemic recovery.
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The International Monetary Fund on Tuesday slashed its forecast for global economic growth by nearly a full percentage point, warning that inflation was now a "clear and present danger" for many countries.
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Iran’s economy, including oil exports, grew by 4.1 percent in the nine months to December 21, 2021, against the similar period in 2016, according to figures released by the Central Bank of Iran (CBI) on Monday.
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China will find it hard to maintain high growth in an increasingly uncertain world, Premier Li Keqiang warned, after Beijing set its lowest GDP target in decades.
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Iran’s economy grew by over 5% in the nine months to December 21, 2021, despite continued pressure on the country because of American sanctions, said a report.
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Official figures show Iran's foreign trade increased by 50% in January and February.
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The Omicron wave of COVID-19 infections slowed euro zone economic growth in the final quarter of 2021 compared to the previous three months although the impact was much stronger in Germany than in France or Italy.
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British businesses grew at the slowest pace since April 2021 during the past three months, after demand for face-to-face services slumped due to the Omicron variant of the coronavirus, the Confederation of British Industry said on Sunday.
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The US economy ended 2021 on a sour note with a worse-than-expected employment report underscoring the challenges awaiting President Joe Biden in the new year, as the Omicron variant runs rampant and his legislative agenda stalls.
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The U.S. current account deficit surged to a 15-year high in the third quarter amid a record increase in imports as businesses rushed to replenish depleted inventories.
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US job growth slowed sharply last month, raising questions about whether the Federal Reserve will pursue a more aggressive approach to scaling back its stimulus programme.
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Profits at China’s industrial firms grew at a faster pace in October, the statistics bureau said, providing a buffer for a faltering economy battered by soaring raw material prices.
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Eurozone inflation surged to a record rate this month as high energy prices jumped and supply woes bit, Eurostat said Friday, casting a cloud over the recovery from the coronavirus pandemic.
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Investment banking company Goldman Sachs on Tuesday lowered its annual economic growth forecast for China as nationwide power cuts hit millions of homes and halted production at factories.
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Statistics released by the Central Bank of Iran (CBI) showed that despite the COVID-19 pandemic impact on economies and the US sanctions against Iran, Iran registered the highest economic growth among countries in the West Asia region.
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