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Added on the 26/07/2019 17:02:02 - Copyright : Wochit
Beijing, Oct 18 (EFE/EPA).- China's gross domestic product (GDP) grew 4.9 percent year-on-year in the third quarter, down from the 7.9 percent growth in the second, official data published Monday showed.The third-quarter growth is slightly lower than expected by analysts, who had forecast the economy to grow by around 5 percent.The growth eased to 0.2 percent in July-September from 1.3 percent in the second quarter. (Camera: WU HONG).SHOT LIST: PEOPLE WALK IN THE CENTRAL BUSINESS DISTRICT (CBD) IN BEIJING, CHINA.
Fed Chair Jerome Powell announces a quarter-point raise in the US Federal Reserve's benchmark lending rate, "in order to attain a stance of monetary policy that is sufficiently restrictive to return inflation to two percent over time." SOUNDBITE
Federal Reserve Chair Jerome Powell announces a quarter-point increase in the benchmark interest rate to bring rising inflation under control, the first rate hike since the start of the Covid-19 pandemic. SOUNDBITE
Jakarta, Oct 13 (EFE/EPA).- Despite the havoc wreaked by the pandemic, Indonesia emerged from recession in the second quarter of the year with a year-on-year growth of more than 7 percent, although the economy is expected to suffer another setback in the following months. Indonesia, the largest economy in Southeast Asia, is the country with the highest number of infections with more than 4.22 million and 142,811 deaths, while about 20 percent of its 273 million inhabitants have been inoculated against covid-19. (Camera: BAGUS INDAHONO). SHOT LIST: INDONESIAN LABORERS WORKING IN A DENIM FACTORY IN JAKARTA, INDONESIA.
The International Monetary Fund projects that energy prices "will be elevated" during the coming winter months but will then "come back down by the end of the first quarter next year and into the second quarter," IMF chief economist Gita Gopinath says in an interview with AFP. SOUNDBITE
Tokyo, Aug 16 (EFE/EPA).- Japan's gross domestic product grew 7.5 percent between April and June compared to the same period of the previous year, mainly driven by the recovery in consumption, according to government data published Monday.Compared to the first quarter of 2021, the world’s third largest economy grew 0.3 percent, due to the persistent impact of the Covid-19 pandemic, according to preliminary data from the Japanese Cabinet Office.The economic growth in the second quarter of this year is mainly due to the 7.3 percent increase in household consumption, the main pillar of Japan’s GDP, which had been suffering from the successive states of emergency in the country. Citizens reacted with increasing indifference to this despite the rebound in infections. (Camera: ARCHIVE).ARCHIVE FOOTAGE SHOWS PEDESTRIANS ON STREETS OF TOKYO, AND PEDESTRIANS WALK ON THE SHIBUYA SCRAMBLE CROSSWAY IN TOKYO, JAPAN.
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