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1 – 10 of 17The GDP growth target of 5% and the urban job creation target of 12 million are unchanged from last year, but harder to achieve as the post-pandemic rebound fades and large-scale…
Quarter-on-quarter growth accelerated to 1.6%, from 1.2% previously. A 6% year-on-year expansion in the secondary sector -- manufacturing and construction -- led the growth, while…
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DOI: 10.1108/OXAN-DB286623
ISSN: 2633-304X
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Consumer demand, especially for services, underpinned by a stronger labour market, drove the upswing. Exports stabilised, but investment slowed, held back by the housing market…
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DOI: 10.1108/OXAN-DB283464
ISSN: 2633-304X
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Growth in retail sales and industrial value added accelerated in August, supported by rising household incomes and warming domestic demand. Moreover, unemployment edged down…
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DOI: 10.1108/OXAN-DB282343
ISSN: 2633-304X
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The pace and structure of consumer spending influences China’s ability to lift global growth as it imports more. Longer term, consumption matters to living standards in China and…
The Brazilian financial system, which is still dominated by five state and private banks, saw slower loan growth and worsening asset quality in 2023 due to high inflation and…
The Chinese slowdown will also affect many developing countries that rely on raw materials exports to China and have already been impacted by sharp rises in interest rates, as…
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DOI: 10.1108/OXAN-DB282003
ISSN: 2633-304X
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Weak trade and fiscal policy constraints suggest global GDP growth will slow somewhat in 2024, with China and the United States losing momentum. Hopes for growth-boosting rate…
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DOI: 10.1108/OXAN-DB283146
ISSN: 2633-304X
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Services including healthcare, entertainment and travel flourished while the share of housing in overall consumption fell, reflecting property-market troubles. Markedly lower…
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DOI: 10.1108/OXAN-DB285173
ISSN: 2633-304X
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Geographic
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Retail sales accelerated in annual terms, as consumption continues to lead economic expansion. However, investment slowed and exports fell back deeper into contraction. The…