2025 annual global real GDP growth forecast lowered to 2.2%: S&P GMI

While the pause on US reciprocal tariffs led to strong initial rebounds in financial markets, market conditions remain choppy and risk aversion is high, S&P Global Market Intelligence said.
The chronic problems of US policy volatility, related uncertainties and adverse economic spillovers are likely to linger.
It lowered its 2025 global real GDP growth forecast from 2.5 per cent to 2.2 per cent.Read More

21.04.2025Comments Off
Japan’s clothing imports rise 5% in FY25, 15% in March

Japan’s clothing and accessories imports rose by 5.3 per cent to 3,764,657 million yen in fiscal 2024–25, while textile yarn and fabric imports grew by 2.7 per cent.
March 2025 saw a 15.5 per cent rise in clothing imports.
Textile yarn and fabric exports grew by 6.0 per cent, but textile machinery exports fell by 12.6 per cent.
In calendar 2024, clothing imports increased by 3.5 per cent.Read More

21.04.2025Comments Off