Economic growth
The European Union (EU) has downgraded its economic growth forecast for the eurozone to 0.9% for 2025, citing increased tariffs and heightened uncertainty caused by the recent changes in US trade policy, according to the EU Commission's Spring 2025 Economic Forecast report. The report also projects the
Tariffs
The Thai economy grew by 3.1% in Q1 2025, with a seasonally adjusted expansion of 0.7% quarter-on-quarter, driven by government investment, merchandise exports, and public sector spending. However, private consumption and private investment showed signs of deceleration, with private consumption growing by 2.6% and private investment falling
Economic growth
Regional economic growth is expected to decelerate sharply to 2.6 percent in 2025 and 2.7 percent in 2026, down from 3.6 percent in 2024, according to the Asia-Pacific Economic Cooperation (Apec) Policy Support Unit. The report highlights the impact of escalating trade tensions and lingering policy uncertainties
Economic growth
As the global economy faces heightened trade tensions and elevated policy uncertainty, India's economy is projected to grow by 6.3% in 2025, a moderation from 7.1% in 2024, according to the UN World Economic Situation and Prospects 2025 report. Despite this slowdown, India remains one of
Economic growth
The United Nations warned that the global economy is at a critical moment, facing a further slowdown in growth due to escalating trade tensions, political uncertainty, and structural challenges. The World Economic Situation and Prospects 2025 report reveals a marked deterioration in economic forecasts compared to initial estimates, with global
Economic growth
India's economy is expected to grow by 6.3% in the current fiscal year, driven by strong family spending, government investments, and services exports, making it the world's fastest-growing major economy. Despite a global slowdown, India's growth rate remains higher than many major economies,
Economic growth
The Executive Board of the International Monetary Fund (IMF) has concluded the annual discussions on common policies of member countries of the West African Economic and Monetary Union (WAEMU). The Board assessed the economic performance of the WAEMU countries and provided recommendations for future policy actions. The WAEMU countries have
Economic conditions
The International Monetary Fund (IMF) has released a report projecting significantly weaker global growth at 2.8 per cent for 2025, with over 120 countries expecting growth downgrades, making up 86 per cent of world GDP. This comes as India continues to remain the world's fastest-growing major economy,
Economic forecasting
Nigeria's economy, once the largest on the continent, has fallen to fourth position after two sharp devaluations of its currency shrank its Gross Domestic Product (GDP) by more than half, causing the Naira to lose roughly 70% of its value against the dollar. This decline underscores the deep
Economic conditions
The International Monetary Fund (IMF) has cut India's FY26 growth forecast to 6.2%, citing trade tensions and uncertainty due to US tariffs. This is a 30 basis points reduction from its January projection. The IMF also slashed its global economy growth forecast in calendar year 2025 by
Economic conditions
The International Monetary Fund (IMF) has significantly downgraded its global growth forecast, citing the impact of US tariffs on global trade, which has led to unprecedented uncertainty and a sharp increase in tariff rates. The IMF's report warns that global growth will slow down from 3.3% in
Economic forecasting
India's economy remains strong on the back of domestic growth impulses and sound macro-fundamentals, despite global headwinds stemming from trade tensions, a recent report by the Reserve Bank of India's (RBI) said. The report highlights that a calibrated policy support is needed to help India navigate
