Some financial experts on Wednesday said that the high Gross Domestic Product rate being recorded by Nigeria had not impacted positively on the living conditions of Nigerians. The experts told the News Agency of Nigeria in Lagos that the statistics only reflected productivity, but not real development. According to them, […]
Tag: Gross Domestic Product
Japan Cuts Growth Estimate for Second Quarter to 0.7% From 1.4%
Japan‘s economy expanded in the second quarter at half the pace the government initially estimated, underscoring the risk of a contraction as Europe’s debt crisis caps exports. Gross domestic product grew an annualized 0.7 percent in the three months through June, the Cabinet Office said in Tokyo today, less than […]
