Many of Mexico’s essential business cycle indicators serve as red flags for a slowing economy. Nevertheless, the country’s prime interest rate of 7.5% does suggest at least some potential expansion via future monetary easing. As for its bottom-line Gross Domestic Product (GDP) performance on a Purchasing Power Parity (PPP) basis, the United Mexican States showed anemic annual … [Read more...] about Mexico Business Cycle Indicators Report
Gross National Savings for Top 25 Richest Countries
This report highlights the latest ratios of Gross National Savings to Gross Domestic Product for 25 of the world’s largest economies. The International Monetary Fund calculates Gross National Savings ratios using each country’s local currency. Technically, Gross National Savings includes gross disposable income minus final consumption spending after an adjustment for pension … [Read more...] about Gross National Savings for Top 25 Richest Countries
Iran Business Cycle Indicators Report
Formally named the Islamic Republic of Iran and historically referred to as Persia, Iran is flashing red on a set of key business cycle indicators. Clearly, the Middle Eastern economy is mired in recession. Case in point: Iran’s Gross Domestic Product (GDP) performance on a Purchasing Power Parity (PPP) basis slipped by -7.8% at October 2019 compared to one year earlier. GDP … [Read more...] about Iran Business Cycle Indicators Report