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US Industrial Production Stagnates as Factory Output Declines /
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2024-06-15 17:09:02

US Industrial Production Stagnates as Factory Output Declines on Nostr: BSP Predicts Robust Global and Philippine Economy for Rest of 2024 =============== ...

BSP Predicts Robust Global and Philippine Economy for Rest of 2024
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#2bef6d19 ver:1.1

The global and Philippine economies are predicted to be robust for the rest of 2024. The US and other advanced economies will drive trade growth, offsetting China's slowdown. The World Bank expects global growth of 2.6%, with the US expanding by 2.5%. However, global growth remains sluggish, and trade barriers and conflicts pose risks. India is projected to be the fastest-growing major economy at 6.6%. Emerging markets will grow by 4.0%, while China's economy will decelerate to 4.8%. Interest rates will stay high, impacting economies and emerging markets. India's strong domestic demand will make South Asia the fastest-growing region. #economy #growth #trade #India...

#newstr #Bsp #GlobalEconomy #PhilippineEconomy #Inflation #Investment #Trade #EconomicGrowth

https://here.news/story/2bef6d19?ver=1.1
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