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Thailand’s GDP Grows by 2.2%, Boosted by Stimulus Measures

The Office of the National Economic and Social Development Council (NESDB) reported that GDP increased by 2.2% in the first quarter of 2022, increasing from 1.8% in Q4 21. The non-agricultural sector expanded, positively influenced by various government measures to…

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UK GDP in Q1/22 Falling Short of Expectations

The Office for National Statistics (ONS) has announced that the UK economy continued to grow in Q1 22, despite a slowdown from the final quarter of 2021. The ONS reported that UK gross domestic product (GDP) increased by 0.8% in…

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Philippine Economy Grows Better Than Expected in 1Q22

The Philippine Statistics Authority (PSA) said today that gross domestic product (GDP) grew 8.3% year-on-year in 1Q2022 and better than 1Q21, when GDP contracted. Better-than-expected GDP growth could help Ferdinand Marcos Jr, the new president of the Philippines, as he…

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German GDP Grows Slightly in Q1 2022

As the German Federal Statistical Office (FSO) announced today, gross domestic product (GDP) grew slightly in the first quarter of 2022. This is due to increased investments but the war in Ukraine has increased its impact since the end of…

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South Korea’s GDP Growth Slows in Q1 2022

The South Korean central bank announced today that South Korea’s gross domestic product (GDP) grew by only 0.7% quarter-on-quarter in the first quarter of 2022. This slowed from the 1.2% growth in Q4/21 as consumption and investment continued to be…

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Singapore’s GDP Grew Only 3.4% in Q1/2022

Singapore’s Ministry of Trade and Industry said today that gross domestic product (GDP) grew 3.4% year-on-year in the first quarter of 2022, slowing from 6.1% in 4Q21. On a quarterly basis, GDP grew just 0.4%, a sharp slowdown from 2.3%…

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