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Keywords: GDP
Russia’s economy expanded by 1.3% in the second quarter of 2026, supported by government spending, stronger consumer activity and contributions from several key industries, according to Economic Development Minister Maxim Reshetnikov. The latest figure marks a significant improvement from the......
Canada’s tourism sector recorded total spending of $28.4 billion during the first quarter of 2026, marking a slight increase of 0.1% compared with the previous quarter, according to data from Statistics Canada. International visitors contributed significantly to the sector’s performance,......
Singapore has upgraded its economic outlook for 2026 after stronger-than-expected growth during the first half of the year, supported by rising global demand for artificial intelligence technologies and resilient international trade. The Ministry of Trade and Industry now expects the economy to expand......
Italy's manufacturing sector suffered an unexpected setback in June, with official data revealing a sharper-than-anticipated decline in industrial production and raising fresh questions about the strength of the country's economic recovery. Figures released by Italy's national statistics......
The U.S. economy lost momentum during the second quarter of 2026, expanding at a slower pace than economists had anticipated. However, resilient consumer spending and continued investment in artificial intelligence infrastructure suggest that domestic demand remains strong despite mounting external pressures. According......
Spain's economy expanded at a faster pace during the second quarter of 2026, reinforcing its position as one of Europe's strongest-performing major economies despite ongoing global uncertainty. Preliminary figures released by the National Statistics Institute showed that gross domestic product......
Bulgaria's parliament has approved the country's long-awaited 2026 budget, setting out plans for a larger fiscal deficit as the government seeks to support economic growth following months of political uncertainty. The budget projects the deficit to reach 5.7% of gross domestic product (GDP)......
The Moroccan economy is expanding at its fastest pace in more than ten years, heavily propelled by a boom in infrastructure investments and a notable recovery in the agricultural sector, according to a recent World Bank report. Released in its summer economic update titled "Cementing Growth: Digital......
Kenya expects its budget deficit to decline significantly in the 2027/28 fiscal year, as the government projects improved fiscal management and stronger economic performance, according to a senior official from the Finance Ministry. Chris Kiptoo, Principal Secretary at the Finance Ministry, said the......