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The household savings rate experienced a slight increase, moving up to 18.8% in the first quarter from 18.5% in the last quarter of 2024, as reported by the statistics office. On the other hand, ...
The overall GDP growth of the 38 countries of the OECD, providing more than 40% of the global economy, slowed down ...
The ISM Manufacturing survey in the US was weaker than expected for May. It fell to 48.5, and expectations were for an ...
Alongside the drop in quarterly growth, on a year-over-year basis, the GDP growth rate for the OECD slowed to 1.6% in the first quarter, down from 1.9% in the previous quarter.
For the first time, the per capita GDP of both countries is at the same level. But this is just one aspect of the ongoing ...
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