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This indicates a decrease compared to the adjusted 0.9% increase in July-September.
Canada and South Korea experienced a 0.2% decline in GDP. In the US, economic growth declined to 0.2% (down from 1.1% in the third quarter), in Turkey to 0.4% (down from 1%), in France to 0.2% (down from 0.5%), and in India to 1.8% (down from 2.1%).
At the same time, Japan's economy grew by 0.3% following a decline of 0.7% in the July to September period. Mexico's GDP growth increased to 0.9% from 0.1%.
The G20 economies expanded by 3.2% year-on-year in the fourth quarter, after a 3.5% year-on-year rise in the prior three months. India saw the highest growth at 7.6%, whereas Germany experienced the smallest increase at 0.4%.
The GDP of the G20 is expected to rise by 3.4% in 2025, after recording growth of 3.2% in 2024 and 3.5% in 2023.
source: reuters.com
Canada and South Korea experienced a 0.2% decline in GDP. In the US, economic growth declined to 0.2% (down from 1.1% in the third quarter), in Turkey to 0.4% (down from 1%), in France to 0.2% (down from 0.5%), and in India to 1.8% (down from 2.1%).
At the same time, Japan's economy grew by 0.3% following a decline of 0.7% in the July to September period. Mexico's GDP growth increased to 0.9% from 0.1%.
The G20 economies expanded by 3.2% year-on-year in the fourth quarter, after a 3.5% year-on-year rise in the prior three months. India saw the highest growth at 7.6%, whereas Germany experienced the smallest increase at 0.4%.
The GDP of the G20 is expected to rise by 3.4% in 2025, after recording growth of 3.2% in 2024 and 3.5% in 2023.
source: reuters.com