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Hong Kong's GDP Growth Slows to 2.7% in Q1, Revised Figures Say
GDP during the preceding quarter rose by 4.3%, while the seasonally-adjusted GDP rose by 2.3%, the report said.
Hong Kong's GDP grew 2.7% year on year in the first quarter and remained unchanged at 2.5% to 3.5% for the whole year
On May 17, the Hong Kong Government published the “Economic Report for the First Quarter of 2024” and revised GDP figures for the first quarter of 2024.
Milei Sees Argentina 'Very Close' to Lifting Currency Controls
Argentine President Javier Milei sees his government lifting currency controls very soon as his economic team works to clean up the central bank’s balance sheet.
Inflation in Argentina under Millay continues to cool, and the central bank sharply cuts interest rates to 40% within half a year
Borrowing costs in Argentina continued to fall from 133% in December last year; CPI fell to 8.8% in April, and Millay believes there will be more positive developments in the future
Argentina Cuts Interest Rate for Sixth Time to 40% as Inflation Slows
Argentina cut its benchmark interest rate Tuesday for a sixth time under President Javier Milei as his government sees inflation edging lower while it shrinks the central bank's balance sheet.
Argentina Monthly Inflation Cooled for Fourth Straight Month
Monthly inflation in Argentina slowed in April for the fourth straight month, dropping into single-digit territory for the first time in Javier Milei’s presidency.