The IMF World Economic Outlook, July 2024 – An Analysis

The IMF World Economic Outlook, July 2024 – An Analysis On 16th July 2024, the International Monetary Fund (IMF) released the World Economic Outlook (WEO).  The report states that Global Growth is estimated to be at 3.2% in 2024. There have been notable changes beneath the surface from April’s WEO report. In this article, we …

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Japan Slip into the Recession – Can Japan Recover in 2024?

Japan Slip into the Recession – Can Japan Recover in 2024? Many may be aware that Japan Slip into recession. In this article, we are going to find out how did Japan Slip into recession and can Japan recover from it in 2024.  On 15th Feb 2024, government data released showed that Japan has not …

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Japan Slips into Recession

Japan Slips into Recession On Thursday (i.e. 15th Feb 2024), as government data released, Japan slipped into recession and also slipped into the world’s fourth-largest economy. The Quarterly Data showed that it unexpectedly shrank for a second straight quarter on weak domestic demand. This now leads to uncertainty about the Central Bank’s (i.e. Bank of …

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India’s real GDP estimated to grow at 7% during 2022-23 – First Advance Estimates

India’s real GDP estimated to grow at 7% during 2022-23 – First Advance Estimates In 2016-17, the First Advance Estimates of GDP was introduced. The First Advance Estimates of GDP was introduced essentially to serve as inputs to the budget exercise. This is based on limited data and compiled using Benchmark-Indicator method, i.e. the estimates …

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