Posts Tagged ‘upwards’
Scottish Q4 growth figures revised upwards
Scotland’s economy shrank less than thought in the October to December period, official figures revealed today. GDP was revised upwards to a contraction of 0.4% rather than an earlier estimate of 0.5%. The contraction was attributed to the bad weather during the quarter which impacted on many businesses. On an annual basis, meanwhile, the economy [...]
US Q4 economic growth figures revised upwards
The Commerce Department has today revealed the US economy grew by an annualised 3.1% in the October to December period – higher than the previous estimate of 2.8%. It was also slightly better than analysts forecast of a 3% growth rate. The upward revision in GDP was attributed to higher consumer spending – which grew [...]
German economy expands by 0.2% in Q1
Destatis, Germany’s statistics office, has today revealed Europe’s largest economy experienced growth of 0.2% in the first three months of 2010.
The results beat expectations after analysts had expected the economy to stagnate, as it did in the last three months of 2009.
However, Destatis said fourth quarter GDP was revised upwards to 0.2% taking the GDP [...]
UK Q4 economic growth figures revised upwards
The Office for National Statistics (ONS) has today revealed the UK economy grew by 0.4% in the October to December period – slightly higher than the 0.1% and the 0.3% previously estimated.
Today’s figures represent the third and final figures for growth in the fourth quarter and the ONS is scheduled release its first estimate of [...]