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The GDP of Moldova grew by 4.5% in the first half of the year in annual terms and amounted to 81 billion 775 million leu, the National Bureau of Statistics said. Half-year growth was facilitated by such factors as an increase in the final consumption of households, good results recorded in wholesale and retail trade, logistics and transport, as well as in the service sector. The extraction of minerals increased by 1.1%. The same growth was observed in the manufacturing industry and in the energy sector. In construction, growth was 0.5%. At the same time, exports from the beginning of the year to June decreased by 2.2%. The Ministry of Economy of Moldova expects that in 2018 the country's GDP will grow by 3.8%.
The outlook for India’s struggling economy has darkened further on weak business activities and surging virus cases. This will likely prompt the Reserve Bank of India to lower interest rates again, a Reuters survey showed. According ...
The dollar sat near two-year lows on Wednesday as the United States struggled to control the coronavirus outbreak, breaking hopes for a fast economic recovery. The gloomy outlook for the U.S. economy is expected to urge the Federal Reserve ...
After a record decline seen last quarter, Britain’s economy is expected to grow at its most rapid pace in decades. The recovery is likely as large portions of the economy resumed operations after coronavirus-related lockdowns were lifted. Despite ...
Renault SA (RENA.PA) announced on Monday that its global car sales fell by 34.9% in the first half of the year due to the impact of the coronavirus pandemic. However, the company said that it had seen some signs of recovery in June. The French ...
European new car registrations fell in June year-on-year, but showed some improvement when compared to May 2020 as lockdown measures continue to loosen across the region, Tuesday’s industry data showed. In June, passenger car sales were ...
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