Trump's tariff formula revealed and its shockingly simple
24 minutes ago
Bosnia & Herzegovina’s economy expanded by a real 2.5% year on year in the fourth quarter of 2024, slightly slowing down from the 2.6% y/y rise in the third quarter, the country’s statistics office reported (chart).
The World Bank projected that Bosnia’s economy would expand by 2.6% in 2024, accelerating from an estimated 1.7% rise in 2023. The IMF expects 2.5% growth, while the central bank has projected Bosnia’s economic growth at 2.6% in 2024.
Final data for 2024 are to be released later this year.
According to statistics office data, increases were recorded in all categories, including household final consumption expenditure (up 1.9% y/y), general government consumption expenditure (up 2%y/y), gross capital formation (7.3% y/y), exports of goods and services (up 1.7% y/y) and imports of goods and services (up 3.5% y/y).
In seasonally adjusted terms, fourth-quarter GDP moved up 0.8% quarter-on-quarter, after rising by the same margin q/q in the previous three months.
Related Content
Data
Trump's tariff formula revealed and its shockingly simple
Trump's controversial tariffs seem based on a straightforward calculation: taking each nation's trade surplus with the US and dividing it by that country's total US exports to determine the tariff percentage.
Russia’s real wages up 9 6.5% in January as growth slows
Real wages grew by a handsome 6.5% y/y in January, according to preliminary Rosstat data just as the economy starts to cool, but it also brings down inflation.
Tariffs: Who Imports Venezuelan Oil? - Statista
On top of being the potential target of reciprocal tariffs by the United States from April 2 on, India has now been threatened with another type of US trade action.
Where the world is charging most tariffs - Statista
The Trump administration's recent move to impose tariffs on Chinese, Mexican and Canadian goods as well as steel and aluminium imports in general is once again breaking with long-standing US trade policy, Statista reports.
Russian service sector output nears stagnation in March posting 50.1
Russia’s service sector came close to stagnation in March, according to the latest S&P Global PMI data, posting 50.1, just a tick above the 50 no-change benchmark. (chart)
Most Read
-
DEATH OF THE SOVIET UNION: Mountain-dwelling Old Believer reflects on the USSR that passed her by
3 years ago
-
Indonesia expands military role in government, protesters clash with police in Jakarta
13 days ago
-
Kaliningrad becomes an energy island after Baltic States cut Russian grid connection
1 month ago
-
Serbian police reportedly use sonic cannon against protesters
17 days ago
-
RAGOZIN: What did we die for?
20 days ago