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Wednesday, October 28, 2020

Blowout US GDP report will obscure troubling slowdown

After the worst downturn on record, the US economy is expected to post jaw-dropping growth of between 30 and 35 per cent in the third quarter, but the headline number will obscure potential signs of trouble.

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Industrial output grows 5.8% in FY24, slows a tad in March

Numbers released by the National Statistical Office on Friday showed the index of industrial production (IIP) rose an annual 4.9% in March, ...