MOSCOW (Reuters) – Russia’s economy contracted by 1.2% last year, less than the 2.1% decline previously estimated, the state statistics service Rosstat said on Friday. Western countries imposed sweeping economic…
By Uditha Jayasinghe COLOMBO (Reuters) -Sri Lanka’s economy shrank 3.1% in the April-June quarter, official data showed on Friday, as the country struggles to claw out of its worst financial…
By Jihoon Lee SEOUL (Reuters) – North Korea’s economy shrank for a third consecutive year in 2022, as COVID-19 restrictions and U.N. sanctions continued to weigh on economic activity in…
By David Milliken LONDON (Reuters) – Britain’s economy shrank fractionally less than previously estimated in 2020 when the COVID-19 pandemic prompted the government to require many businesses to stop face-to-face…
BOGOTA (Reuters) – Colombia’s current account deficit shrank 36.3% in the first quarter compared with the same period last year, to $3.42 billion, the central bank said on Thursday, due…
(Reuters) – Russia’s economy shrank 1.9% year-on-year in the first quarter of 2023, data from the Rosstat federal statistics service showed on Wednesday, following growth of 3% in the same…
(Reuters) – Russia’s economy contracted by 2.2% in the first quarter of 2023 in annual terms, the economy ministry estimated on Wednesday, down from growth of 3% in the same…
(Reuters) – Peru’s gross domestic product contracted 1.12% in January compared with the same month a year before, official data showed on Wednesday, marking the first contraction in 22 months…
By Veronica Dudei Maia Khongwir BENGALURU (Reuters) – South Korea’s export-dependent economy is forecast to have contracted in the fourth quarter, putting in its worst performance in 2-1/2 years as…
BEIJING (Reuters) – China’s exports and imports likely contracted further in November due to weakening global demand, production disruptions and waning demand at home amid widespread pandemic controls, a Reuters…
AMSTERDAM (Reuters) – The Dutch economy shrank 0.2% on a quarterly basis in the third quarter as rising interest rates slowed down the housing market and surging inflation put a…
PARIS (Reuters) – Activity in France’s manufacturing sector weakened in October by more than initially estimated, according to a monthly survey, as inflationary pressures weighed on the euro zone’s second-biggest…
(Reuters) – Ukraine’s economy shrank by an estimated 30% in the first three quarters of 2022 compared with the same period in 2021, largely due to Russia’s invasion, the economy…
BEIJING (Reuters) – China’s factory activity likely contracted again in August, a Reuters poll showed on Monday, as COVID flare-ups and a distressed property sector pummelled demand while a power…
PARIS – France’s economy shrank unexpectedly in the first quarter as consumers struggled to cope with surging inflation, official data showed on Tuesday, putting pressure on President Emmanuel Macron heading…
BEIJING – China’s factory activity likely shrank in March, a Reuters poll showed, as the country imposed more mass testing and activity controls amid its worst resurgence of COVID-19 cases…
BEIJING – China’s factory activity likely contracted in February on slower production after the Lunar New Year holiday and Winter Olympics, with Beijing expected to unveil more stimulus measures at…