The National Bureau of Statistics on Monday said the country’s Gross Domestic Product, which is currently being revised, would capture 42 activities. The bureau also hinted that barring any unforeseen contingencies, the country’s rebased GDP would take effect from next year. Currently, Nigeria’s GDP, which is the computation of the […]
Tag: GDP
Britain upgrades Q2 growth to 0.7% from 0.6%
Britain’s economy grew faster than thought in the second quarter, official data showed on Friday, extending a broadly based recovery. Gross domestic product (GDP) — the total value of goods and services produced in the economy — grew by 0.7 percent in the second quarter, the Office for National Statistics […]
Japanese Economy to Grow by 2% on Stimulus-IMF
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-The International Monetary Fund (IMF) Monday said the Japanese economy is expected to grow to 2.0 percent (2.0%) in 2013, mainly as a result of the new fiscal stimulus and monetary easing feeding through to private consumption and with some lag to investment. This is […]
